Word: internetted
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Dates: during 1990-1999
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...executives at the top of the Internet food chain to convert that low-cost enthusiasm and work-is-play lifestyle into publicly traded companies worth millions of dollars. And a number have succeeded: TheGlobe.com's chairman Michael Egan is worth about $200 million; StarMedia CEO Fernando Escuelas, 32, now has a net worth of $256 million. Josh Harris, chairman and founder of Pseudo.com stands to make millions when Pseudo goes public later this year...
...live chat with Appzworld. A twentysomething blond, she rants into a microphone as a Canon XL-1 digital video camera sends streaming footage of her to a few dozen Webcast viewers across the U.S. and Canada. With her free hand, she types responses to comments posted in the IRC (Internet relay chat) Netfiend room...
What's going on here? Even the producers, programmers and performers responsible for presenting the hip-hop-culture-meets-computer-hacker show Netfiend, one of a hundred streaming video shows Webcast weekly by Internet start-up Pseudo.com can't tell you for sure. But they are thrilled to be here so deep into the night. Internet television is an unproved--and, for the moment, virtually unwatched--medium, yet the Netfiend crew is resolutely sure it is on the verge of something very big. So confident are Skat and Pseudo.com's 70 other employees of the vast potential of their still...
That desire to be in the middle of the digital revolution has compelled thousands of young workers to migrate to one coast or other seeking to cash in on the Internet and silicon dream. The myth goes something like this: acquire computer skills (skillz, in the jargon), join an aggressive start-up and, when the company goes public, cash in and make millions of dollars. It worked for Amazon.com's Jeff Bezos, Yahoo's Jerry Yang, C-Net's Halsey Minor and a host of others. When will it work...
...reality, though, is that the new-media and high-technology workplace today often more closely resembles a piecework-industry sweatshop than a pristine NASA laboratory. New Internet businesses, financially strapped and compelled to set up shop on pricey real estate in Manhattan's Silicon Alley or California's Silicon Valley, have to scrimp on the office space, using converted industrial lofts crammed with desks, T-1 lines and terminals. During the pre-initial public offering phase of a start-up, precious capital must be allocated to marketing and sales rather than rent and salaries, which contribute only to the burn...