Word: dotcomers
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Dates: during 2000-2009
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...mainstream. Cities like Hyderabad, Bombay and New Delhi are promising telecom links and tax holidays to prospective business investors. "India always had the talent, but with the Internet, we've found the delivery mechanism to transport this talent around the globe," says Prakash Gurbaxani, who set up his own dotcom consultancy, 24/7 Customer.com, five months ago in Bangalore...
...that might seal a No. 1 content position for Bertelsmann. The private Bertelsmann's board has a deep-rooted aversion to debt. So Middelhoff redoubled his efforts to reorganize the company around digital content and in one stroke sold off its stake in a string of companies before the dotcom meltdown. That netted an estimated $15 billion in cash ($8 billion from AOL Europe alone) to shop with...
...asked, "Is The New Economy Dead?" [BUSINESS, Oct. 23]. Hardly. It just took a while for the dictum of the old economy to assert itself: a business is supposed to provide a product or service for a profit. Technical savvy and a dotcom tag are no substitutes for a sound business plan. I work for an information-technology company that has never lost money and has fueled growth through its own earnings. You should look at enterprises like ours instead of snickering at those whose overinflated financial balloons have been pricked by reality. Imagine, a profitable dotcom! ALEX LEKAS Fayetteville...
...NASDAQ crash may have left New York City's Silicon Alley a boulevard of broken dreams, but William O'Shea, 24, is one dotcom entrepreneur who hasn't been discouraged. O'Shea and two friends came up with the idea for their new company, RedFilter, last year in his Brooklyn apartment. O'Shea calls it "a remote control for the Internet": go to RedFilter's website, enter your age, pick the subjects you're interested in, and RedFilter spits back a series of sites custom-picked for your tastes. RedFilter's survival secret: it sells its filter technology to other...
Cantwell has a paper fortune of roughly $13 million from her years at Real, $6 million of which has already gone to her war chest. Paradoxically, these dotcom dollars are helping her with the campaign-finance-reform crowd. "The fact that she's not taking PAC money is a plus," says veteran state pollster Stuart Elway...