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The Boston Globe Boston Capital Column.(Knight Ridder/Tribune Business News)
Knight Ridder/Tribune Business News, May, 2000 by Stein, Charles; Syre, Steven
May 26--Have a seat.
Our current tale of Internet capitalism takes a few moments but involves a theme that should ring a bell: companies that need money and find it hard to come by.
Furniture.com, based in Framingham, has made a name for itself in the online world as the most popular site by far among a field of retailers selling furnishings on the Internet.
The company almost made it as a public company, under the wing of blue-chip underwriter Goldman, Sachs & Co., but timing conspired against the planned spring offering. As we all know, the public stock market window slammed shut and that was that.
This was a problem because Furniture.com, though it gets at least twice as much traffic as its closest online competitor, had been...
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