Word: dotcomism
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...Lunchables. But the decade presented no problems that seemed unsolvable. Then came the aughts, in which the stability, safety, and simplicity of the ’90s was flipped on its head. The facades of our failed institutions were torn down, revealing one sham after another—the dotcom crash, the housing crisis, Enron, Katrina...
...company turned its first profit in 2004, and went public on the Nasdaq the following year, raising more than $100 million in the process. It was by far the most successful Internet IPO since the dotcom bubble burst in 2000. One of its earliest investors, in fact, was Google - before the company entered the China market in 2006. It paid $5 million for a 2.6% stake in Baidu in 2004. But Google sold its stake in Baidu for about $60 million two years later, and entered the search business in China on its own. It was game...
...Facebook fan club has 8,000 members, and a hokey ballad on YouTube sings his praises. Harris-Moore's supporters see a deeper meaning to his popularity: During hard economic times, they say, why not celebrate a poor boy who robs from the island vacation homes of Seattle's dotcom gazillionaires? But Harris-Moore apparently steals just as often from Camano's ordinary folk as he does from the rich. (See the top 10 Facebook stories...
...minority state with a white-majority electorate. There are real differences between (crunchy, techy) Northern and (hipster, surfer) Southern California, and especially (richer, denser, bluer) coastal and (poorer, sparser, redder) inland California. But one generalization has held true from the Gold Rush to the human-potential movement to the dotcom boom: California stands for change, for disruption of the status quo. "California is not another American state," concluded Carey McWilliams in his 1949 history California: The Great Exception. "It is a revolution within the states...
What's working, exactly, is a series of viral humor sites intended simply "to make people happy for five minutes a day," as Huh puts it. Huh, 31, a journalist turned dotcom entrepreneur, was born in South Korea and moved to California when he was in his teens. He launched Pet Holdings in 2007 when angel investors helped him buy a new website called I Can Has Cheezburger?, which is a compendium of "Lolcats," laugh-out-loud feline photos captioned in "kitty pidgin," or artfully misspelled imaginings of cats' inner monologues. (The original Lolcat features a fat gray fur ball...