Word: m
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Dates: during 1990-1999
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...Billy has no worries about the coming millennium. "My computer died today, so I don't have anything to worry about," Billy explained. "I don't know what I'll be doing," he said. "I just hope I'm not working." If he is working, he will be smoking one of his finest...
...other bank," Shemmer says--a mere 75 or 80 hours a week, compared to as much as 100 at larger banks. At the biggest firms, the partners conduct "bed checks"--stopping by each cubicle at 9 p.m. to make sure analysts are still at work. At Broadview, I'm assured, you might even get out the door by 7 on a good day. The style is strictly "business casual," which means no one under 30 wears a tie. Shemmer stresses how friendly the senior partners are, how receptive they are to analysts. It sounds suspiciously like a PR presentation...
...even every month," he confesses. His three main expenses: rent, alcohol and cabs. Shemmer spends most Friday and Saturday nights partying with friends at "dives" in the East Village, a welcome change from the weekday grind. It's a pleasant lifestyle, but very different from college, Shemmer says. "I'm working, I'm supporting myself, I feel productive," he says. "Do a good job at work, bust ass, pay rent--you feel like a grown...
...huge quantities. "Make your fucking move!" he shouts at one dawdling stock. But he's proud of a company called Zamba, which started out in the morning at $5 a share. It's up to $5.50 by the time he settles down at his desk. "Look at Zamba! I'm making a slow killing!" Shemmer shouts. The other analysts grumble...
...Shemmer's eventual goal is to found his own company as well. But he keeps a laser-like focus on planning. "Am I envious?" he says. "Of course I'm envious--you can't help but be when you see kids making billions." Nevertheless, most Internet startups fail, especially when founders lack business sense. "I've learned so much in this year and a half," Shemmer says. "I'm maximizing, A, my probability of getting to one of those startups, and B, being of value to those startups...