Word: altos
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Dates: during 1990-1999
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...first extended road trip of the season, the Crimson (2-3-1) will face Stanford (3-2-1), last season's NCAA Tournament runner-up, and No. 20 California Berkeley (6-1-1), in Palo Alto this weekend...
...every screenplay in L.A., there's a business plan in Silicon Valley. All it takes to launch the next Internet giant is a neat idea, a few connections and a lot of luck. Palo Alto even has its own Spago, where venture capitalists have become the Harvey Weinsteins and the pitches sound like "It's FogDog meets AskJeeves." Entrepreneurs even have their own snooty publicists. The agents will arrive shortly...
Gregory Slayton, CEO of ClickAction Inc., is also running George W. Bush's Silicon Valley campaign, and he's convened a group of 30 well-scrubbed executives for a breakfast at Scott's Seafood Restaurant in Palo Alto. Slayton is decked out in a dark blue suit and a SILICON VALLEY BUSH 2000 baseball cap. When he laughs, he throws his head back and rolls his weight onto his heels. He greets guests by simultaneously shaking their hands, slapping their backs and bellowing, "Buddyhowareyagoodtoseeyouman!" Watching him, it's easy to forget that it is not yet 8 in the morning...
...Chin is about to make partner at Information Technology Ventures, a small but rising Palo Alto VC firm. Chin handles the firm's portfolio of seven Internet companies and scours the Valley for others to fund. It's a frenetic job, but Chin crackles with rapid-fire energy. "We're going for the early-stage, high-risk, big hits," he says, piloting his midnight-blue Mercedes down I-280 on a recent Wednesday. "When I evaluate start-ups I ask, 'Is this a multibillion-dollar market? Can this be a billion-dollar company?' We want companies that can be industry...
...drive back to Palo Alto, he phones Peter Van Alstine, a classmate from Dartmouth who founded a Boston e-commerce start-up that Chin is backing. When Van Alstine tells Chin how much stock a prospective executive has asked for, Chin nearly swerves off the highway. "Get outta here!" he yells. "He's baked, man! He's getting greedy...