Top VC Doerr apologizes for helping fuel dot-com frenzy “He projected a slide on a screen that described the Internet as ‘the largest legal creation (and evaporation) of wealth in the history of the planet.’ Despite his apology, Doerr stressed he wasn’t backing away from another notable statement he made about the Internet’s potential as an engine of innovation. ‘I stand by my statement that the Internet was – and is – under-hyped’”

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