Word: beene
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Dates: during 1990-1999
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It all began with Pez and a man named Pierre Omidyar, now 32. In the summer of 1995 Omidyar's fiance (now wife) Pam, who collected Pez dispensers, was bemoaning how hard it was to find other people to trade with in the San Francisco Bay Area. Omidyar was already...
In the year since the IPO, eBay has hit a few speed bumps. The site has been plagued with headline-grabbing crashes, among them a 21-hr. outage in June, four more in July, and a 10-hr. shutdown in August that sent eBay stock plunging 10%. The stakes were...
eBay is also one of the Internet's greatest financial success stories. It has defied the 11th Commandment: Internet Start-Ups Shall Bleed Red Ink. It's made money from its first month of operation. After only four years, eBay is worth some $20 billion--more than Sears and J.C...
Melissa Wicker likes to shop for her friends. And she has a lot of friends--nearly 8 million, at last count. Of course, the word friend is used loosely these days, in an era when e-mail establishes instant intimacy between total strangers separated by thousands of miles. So it...
For as long as there has been an Internet, of course, there have been anti-Internet fuddy-duddies, pessimists who lament the end of face-to-face sociability as people retreat from the bustling public square to their computers for the anonymous encounters of cyberspace. With some justification, the pessimists...