Word: dotcomers
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Dates: during 2000-2009
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...days, start-ups tended to get funded before they launched. Think of the dotcom archetype, Amazon. Only after getting a $300,000 check from his parents did Jeff Bezos set to work building his site. That was typical: entrepreneurs first put their energy into writing business plans - a map that spelled out what they hoped to build. After the money was in hand, they got to work...
When Twitter launched in 2006, it was like a relic from the Jurassic period of the dotcom start-ups, when you could get funding for anything. Could a service that seemed to be designed specifically to provide its users with incessant interruptions, empty of almost any meaning or importance, really succeed? (Read "Facebook: 25 Things I Didn't Want to Know About...
...Tuition costs could also explain why graduate schools, traditionally a refuge in tough economic times, have seen uneven application numbers this year. Lance Choy, director of the career development center at Stanford, notes that grad schools were a popular backup a few years ago during the dotcom bust, but applications are flat this year. "Who needs more debt when the job market is looking rather grim?" he says. (Read "Finding a Dream Job: A Little Chaos Theory Helps...
...here comes poor Schiller onto the brilliant stage of San Francisco's Moscone Center. Whereas Jobs is known for his handmade St. Croix black mock turtleneck and jeans, Schiller looks defiantly nerdy, sporting the kind of engineer blue button-down shirt popularized by the dotcom crowd in 1997. Whereas Jobs electrifies a room like some superhero from the X-Men, Schiller saps energy from the hall like an Everyman. You sympathize. He is a good dude. And this has gotta suck...
...Perfectmatch CEO Duane Dahl says he first took notice of the effect that economic downturns have on the online dating market during the recession in 2001, when the combination of Sept. 11 and the collapse of the dotcom bubble sent the demand for Internet dating soaring. "People were actively searching for community and companionship," Dahl says. "We saw a 200% increase in membership during that particular period...