Word: altenloh
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Dates: during 2001-2001
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...Dicke had been destined to head Altenloh Brinck & Co. (ABC), a screw manufacturer that has been run by his father's family for five generations. But he left that business to seek his fortune in the online world with Geibel. Their initial idea was to build a trading platform on the Internet to bring together buyers and sellers of industrial fasteners such as nuts, bolts and screws - the very products ABC makes. But the old-line manufacturers balked. In fact, Dicke's father was among Matchbid's foremost opponents, arguing that the Internet could destroy his business by increasing price...
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