Word: garreau
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Dates: during 2000-2009
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...they did Silicon Valley in the 1990s? The simple answer is that they can't. "If you can force the rest of the country to send you money or go to jail, it does wonders for your economy," says northern Virginia writer and noted urban thinker Joel Garreau. Stephen Fuller, who runs the Center for Regional Analysis at George Mason University in Fairfax, puts it more gently: "It's nice to have a rich uncle...
...swanky convention hall in the center of Paris, French entrepreneur Nicolas Garreau sips his orange juice and curses his lot. It's the March 2001 meeting of First Tuesday - a monthly soirée at which entrepreneurs and venture capitalists exchange war stories and business cards - and Garreau is on the prowl. He needs an investor to provide between $400,000 and $700,000 to launch Goodycash.com, his Internet gambling venture. Garreau casts his eye hopefully around the red-carpeted room, sizing up the dwindling number of investors in dark suits who continue to attend this once red-hot networking...
...Garreau is experiencing the new reality of the New Economy, and he is not alone. Across the Mediterranean Sea, brothers Antonello and Gianpiero Girardi would like $250,000 to expand their tiny website concern aimed at Sardinian tourists, but they have already been turned down by 10 venture capital funds. And in London, Niko Komninos and E. David Anstee, co-founders of ihavemoved.com, sit in their offices behind Westminster Abbey and mull over how to secure $9 million in expansion money for their site, which helps people who are changing residences notify utilities and other service providers electronically. Potential investors...