Word: betweeners
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Dates: during 1990-1999
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In the great Silicon Valley divide between techies and money people, Omidyar admits, he's a classic technowonk. A computer buff in high school and a computer-science major at Tufts University, he fit all the stereotypes. "I was the typical nerd or geek," he says. "I forget which one...
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...
The counterattack is well under way and gathering momentum. Traditional merchants have taken heart from, of all places, Charles Schwab, which has broken down the walls between its off-line brokerage business (with 335 retail locations) and Schwab.com its online business. Schwab had to be spry enough to devise cross...
High shelves and horrible muzak. Aisles littered with squashed grapes and spilled cornflakes. And those gosh-darned carts that never steer straight. Yep, for most of us, the experience of grocery shopping still ranks somewhere between having a tooth pulled and changing a diaper.
Priceline founder Jay Walker says his biggest customers are seniors, college students and parents with small children, who have the impetus to navigate the bidding process for the average $12.75 it will save them on a basket of 10 items. "For some families," he says, "that's the difference between...