The lessons of Optimark

Headline: The lessons of OptimarkSource: EuromoneyDate: October 2000 more on e-finance The news last month that Optimark has failed in its bid to change the dynamics of US equities trading stands as a timely reminder of the difficulties e-commerce start-ups face. Just a year ago it had deals with Nasdaq and the Pacific Exchange, had […]

Headline: The lessons of Optimark
Source: Euromoney
Date: October 2000

more on e-finance

The news last month that Optimark has failed in its bid to change the dynamics of US equities trading stands as a timely reminder of the difficulties e-commerce start-ups face.

Just a year ago it had deals with Nasdaq and the Pacific Exchange, had received a total of $236 million in funding from investors such as Merrill Lynch, Goldman Sachs, CSFB and PaineWebber, and from leading venture capitalists, including $100 million from Softbank.





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