Bygrave, William D.; Lange, Julian E.; Roedel, J. R.; … - In: Journal of Applied Corporate Finance 13 (2000) 3, pp. 8-19
In a much-cited 1985 study of the U.S. hard disk drive industry entitled "Capital Market Myopia," William Sahlman and Howard Stevenson concluded that "excesses in the capital markets turned an opportunity into a disaster" for investors in the emerging industry. Sahlman and Stevenson fretted...