France Takes Off

When 27-year-old Michel Meyer learned last Friday morning that the Internet company he founded in 1995 was flirting with a $1 billion capitalization on the French stock market, he decided it was time to pop the champagne corks. He'd been to Silicon Valley in the early 1990s. He knew this kind of thing could happen there. But in France such high-speed success was unheard of until recently, and for all practical purposes, so was the Web. Meyer had set up a chat site called The Virtual Baguette....
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