The New York Times reported that Nevo "opened trading accounts at Goldman Sachs and Morgan Stanley, as well as Allen & Co., which eventually won him an invitation to Sun Valley... Through diligence and hard work, the right contacts and a lot of the right trades during the dot-com bubble of the late 1990s, he turned his inheritance into a sizable fortune ... Later on, Nevo began sprinkling money around in private companies, many of which were new media ventures."