Going Public Via the Internet
This article was originally published in Start Up
Executive SummaryWhen Weaver Gaines started Ixion Biotechnology in Alachua, FL in 1993, he'd been warned venture capitalists seldom invest in the state because they can't travel there and back in one day. So Gaines has decide to try raising cash for Ixion another way--by making an IPO of stock directly to the public via the Internet.
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