Word: dotcom
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Dates: during 2000-2009
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...They Are Born between 1980 and 2000, the millennial generation is the largest after the boomers (their parents), and, like their parents, millennials are poised to become the next great luxury consumers. Because they've grown up in the age of dotcom billionaires, wealth and success are a given. Although the luxury category might be new to them, they are learning quickly. (Information is just a click away.) This survey looks at older millennials?ages 18 to 27?as well as affluent boomers. Statistical analysis of millennials' and boomers' survey data identified four different segments within each generation, including...
Sure, Yahoo! is practically a historic landmark, the last of the pure dotcom plays from the wild 1990s. But brace for impact: Microsoft hasn't even promised to keep the Yahoo! brand alive. ("That's a question we haven't answered yet," purrs Yusuf Mehdi, Microsoft's senior vice president of strategic partnerships. Really...
Though they couldn't be more different from former dotcom darlings like? Pets.com, clean-tech start-ups were hit hard by the vaporization of venture capital in the wake of the tech and Internet bust of 2000. Funding for green venture capital plunged over the next three years. But it wasn't just flashbacks to that meltdown that initially kept venture capitalists cool on clean tech. Starting up an Internet company required relatively low levels of capital - at least before you started buying your employees massage chairs - and dangled the possibility of a quick and lucrative payoff. Cracking the energy...
Still, the dotcom bust casts a shadow, with fears that once again too much money is chasing too few good ideas. The drive to go green, so strong today, could rapidly lose momentum if oil prices were to drop significantly, and it hasn't escaped notice that clean tech has yet to produce a bank-breaking success like Netscape, which made Kleiner Perkins a fortune. "Everybody with a dollar thinks they're a clean-tech investor now," says Foundation Capital's Grosser. "A ton of people could lose a lot of money on solar or biofuels." But defenders point...
...made billions in the dotcom boom. What's the next great financial opportunity? -Penny Moore, Columbus, OhioIf I were capable of predicting that, I'd already be there. The one thing I know is that the next opportunity won't be on the Internet. It will be a technology that is somewhere else. Some 10-year-old little girl will come up with it, and we'll all wonder how we missed...