from the dept. When a group of heavy-hitting high-technology executives from the Northwest decided to open a venture capital firm early this year, they resolved to ditch the personal computer in favor of the wireless world. Six months ago, this looked like the surest bet going in the technology world, even as mutterings about the inflated value of ordinary Internet stocks already were beginning to surface. Wireless technology was in the early stages of what appeared to be a classic hockey-stick growth curve, with an explosion in use still ahead. All that still may be true. But former Microsoft luminary Brad Silverberg and his compatriots at his new wireless-focused Ignition venture capital fund have been given the financial world's equivalent of a cold shower since their bubbly March launch. The full article is available from CNET < | >
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