Word: dotcomism
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...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...
Like everyone else at eBay's San Jose, Calif., campus, John Donahoe sits in a cubicle. Though this is one of the dotcom biz's oldest clichés, the company's 6-ft. 5-in. new CEO really does use the cramped space--filled with eBay trinkets and pictures of his wife (an Obama campaign fundraiser) and four children (all basketball players and eBay users)--as his primary office. That visibility and openness has earned Donahoe, brought in by Meg Whitman from Bain & Co. three years ago and promoted to replace her in March, respect from employees and customers alike...
...TIME: How is this downturn different than the one following the bursting of the dotcom bubble...
...They're very different. The dotcom bubble was business models that were too good to be true, followed by valuations imploding. That had nothing to do with liquidity and credit. I hate to use the "G" word - but a lot of greed was involved in the IPOs those days. And the impact on our business -technology - was profound in the sense that a lot of those businesses that went away bought a lot of our products. Not just Herman Miller chairs, but also racks of servers and laptops and stuff. For a long time, throughout most of 2001, you could...