By Richard Tyler
It was not just private investors who swallowed the over-optimistic e-commerce sales pitch. Professional advisers were also caught up by the euphoria. Highly respected bankers, accountants, financial PRs and even risk-averse lawyers came out from behind the safety of their desks to join in. When it came, the market correction left many stranded.
One such high-profile figure was an English lawyer, Rupert Pearce, who played an important role in fomenting the rush to list internet stocks, and appeared himself to have been Flattened by the backlash against the net.
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