Word: doerr
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...although the author (with whom the inventor is no longer collaborating) never revealed what Ginger was, his precis included over-the-top assessments from some of Silicon Valley's mightiest kingpins. As big a deal as the PC, said Steve Jobs; maybe bigger than the Internet, said John Doerr, the venture capitalist behind Netscape, Amazon.com and now Ginger...
...commercial ambitions of Kamen and his team are as advanced as their technical virtuosity. By stealing a slice of the $300 billion-plus transportation industry, Doerr predicts, the Segway Co. will be the fastest outfit in history to reach $1 billion in sales. To get there, the firm has erected a 77,000-sq.-ft. factory a few miles from its Manchester, N.H., headquarters that will be capable of churning out 40,000 Segways a month by the end of next year...
...engineer with a handful of honorary doctorates, a multimillionaire who wears the same outfit for every occasion: blue jeans, a blue work shirt and a pair of Timberland boots. With the accent of his native Long Island, he speaks slowly, passionately--and endlessly. "If you ask Dean the time," Doerr chides, "he'll first explain the theory of general relativity, then how to build an atomic clock, and then, maybe, he'll tell you what time...
...revel in that assessment. But Kamen is a man running short on patience. For him, conquering the corporate market is merely a prelude to the battle to come. "The consumer market is where the big money is," says Michael Schmertzler, a Credit Suisse First Boston managing director and, with Doerr, Segway's other major financial backer. "But this is about more than money for Dean. Pardon the cliche, but he really does want to change the world...
...strike many people as the last thing our culture needs. (Kamen scoffs, "Because I give kids calculators doesn't make them stupider.") And three grand may strike many others as an awful lot to pay for something they've managed so far to live happily without. John Doerr, who helped bankroll Compaq in the infant days of the personal-computer industry, points out that the first PCs cost $3,000 to $5,000. The analogy is worth pondering. The brave souls who bought those early PCs were willing to cough up big bucks not simply to own computers that were...