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...head of a company that is going public, an initial stock offering is like a 21st birthday, the arrival of an heir or a bar mitzvah. It is a period of intense activity and emotional strain that transforms a firm from a little-known private business into one that must operate under the merciless scrutiny of lawyers, analysts, competitors and investors. Sometimes the pressure is so great that the smooth running of the firm suffers. Says California Venture Capitalist Thomas Davis: "Baseball players have to perform when people boo and shout. Companies have got to learn to live with...

Author: /time Magazine | Title: Making a Mint Overnight | 1/23/1984 | See Source »

...dissipate disappointment and defuse jealousies. The Fendis won. But, then, so did the Guccis. It was, perhaps inevitably, a draw. The Fendis would provide most of the basics, and Gucci the leather goods. The first designer wear should hit the streets on April 21, just in time for the Birthday of Rome celebration. What Solomonic cunning! What a gesture of fashion brotherhood! And-let's face it-what a relief. Who could ever have thought that uniforms would be so. . . important...

Author: /time Magazine | Title: Living: Designers Get Down to Work | 1/16/1984 | See Source »

...oldtimer who could, it was hoped, whip things back into shape," he recalls. That mission accomplished, the self-effacing veteran newsman told NBC Chairman Grant Tinker that he wanted to return to what he loves most and does best: producing news shows. His wish was granted on his 63rd birthday last week. Aside from the fact that the changing of the guard happened quietly and smoothly, a rare occurrence at any network headquarters, the biggest surprise was the man chosen as Frank's replacement: Lawrence Grossman, 52, president of the Public Broad casting Service (PBS) since...

Author: /time Magazine | Title: Press: Over to You | 12/19/1983 | See Source »

People prone to forget their spouse's birthday can stay out of trouble with the $19.95 Laser Days datebook, which is custom-designed to remind them of as many as 20 important occasions. Marketed by Cleveland's Initial Concepts, the computer-printed calendar displays the customer's name on each page and gives a one-month advance notice of upcoming events...

Author: /time Magazine | Title: Making a Date with Status | 12/19/1983 | See Source »

Question: How does the richest man in America celebrate his 50th birthday? Answer: Very differently from you and me. Specifically, Gordon Peter Getty, son of the late oil magnate J. Paul, who is estimated to be worth over $2.2 billion, flew "some friends," as he put it, from San Francisco to New York last week for an advance bash (he actually passes the half-century mark next week. The highlight of the three-day fling was an evening at Lincoln Center's Alice Tully Hall, where Mezzo Soprano Mignon Dunn performed the New York City premiere of Amateur Composer...

Author: /time Magazine | Title: People: Dec. 12, 1983 | 12/12/1983 | See Source »

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