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Many of those start-ups went public and obtained even more investment money. More attention was paid to hype than to solid business plans. Stocks soared to incredible (and inflated) heights and everyone concerned expected to develop into a millionaire. In some cases, early buyers cashed out and pocketed some candy coin. But in March 2000, when the tech bubble burst, those that didn't get out early enough had been left with nothing but shattered dreams. Lots of the company busts followed a sample: The fledgling business obtained tons of of thousands and thousands by way of venture capital and initial public choices (IPOs), blew by most of it via rampant spending and fast enlargement, ran out of cash reserves when revenues did not attain expected ranges, did not get extra funding due to market circumstances and went bankrupt within just a year or two of launching. Most have been felled by the dot-com bust, straight or not directly, though some were done in by unwise acquisitions, lawsuits or nefarious doings.
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