Word: internetted
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Dates: during 1990-1999
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...profits are profits, and a better way of doing business will win out. Says Draper Fisher venture partner Jurvetson: "No business today can doubt that over the next five to 10 years they are going to be massively moving their business processes and their business communications over to the Internet...
...that may be changing fast. Interest in retirement plans is on the rise among small businesses, largely because of a number of important changes in the business climate. The Federal Government has created a simple retirement plan designed for small businesses, the financial industry has begun to use the Internet to help companies administer their plans, and there is a growing recognition by managers that offering retirement benefits is key to recruiting in a tight labor market...
...This fall Fidelity will begin offering a cyber version of the traditional 401(k), known as the e401(k). It's a full-service 401(k), in which fixed percentages of employee savings are matched by employers in a tax-deferred investment fund administered by the employer through the Internet. The plan, designed for small businesses, includes online services such as record-keeping reports, account monitoring and retirement-planning tools. Fidelity estimates that its e401(k) plans will cost 25% less yearly than the $2,500-to-$6,500 expense of the standard small-business...
...years experts have predicted that one of the products that would naturally gravitate to the Internet would be home mortgages. Unlike various other kinds of merchandise, they don't need to be tried on, smelled, tasted or prodded to determine how good they are or whether they fit. That is turning out not to be the case...so far. Americans still seem reluctant to double-click themselves into six-figure financial commitments. Though prospective borrowers are happy enough to do their research by computer, just 21% of folks polled for the 1999 Fannie Mae National Housing Survey said they would...
Shopping for designer clothing at bargain rates usually requires long drives to far-off malls and outlets or sorting through messy racks and bins at department stores. Now there's Bluefly. Not even a year old, Bluefly.com is already a leading Internet retailer, and it specializes in the $27 billion-a-year discounted-designer-clothing market. In the past three months, more than 5 million bargain hunters looking for easier ways to shop 24/7 have visited the site, many attracted by the company's ads in magazines like Vogue and GQ or prompted by links from Women.com AOL and other...