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Article: Funding Businesses Over the Internet Now Practical Alternative, Direct Stock Market's Clay Womack Tells Investment Audience.
- Article from:
- PR Newswire
- Article date:
- March 8, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SANTA MONICA, Calif., March 8 /PRNewswire/ -- Using the Internet to fund new businesses is no longer a futuristic idea, but has become a practical alternative, Clay Womack, Direct Stock Market chairman and CEO told a standing-room-only audience at last week's Los Angeles Venture Association's day-long Investment Capital Conference.
"The Internet is bringing a new class of investors to help fuel start-ups and emerging-company growth," Womack said at the conference's panel discussion on early stage financings. "Companies are finding the Internet can take their business plans not only to a wider investor audience, but to an audience interested in technology and new ...
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