Word: nevers
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Dates: during 1990-1999
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...Amazon to a whole new stream of customers, and it caught the attention of rivals like Barnes & Noble and Borders Group, which hadn't yet moved online. Barnesandnoble.com would appear a year later--just before Amazon's initial public offering, which went off at a modest $18 a share. Never mind that the celebrated venture-capital firm Kleiner Perkins Caufield & Byers was its biggest institutional investor before the IPO. Wall Streeters were afraid of the threat posed by the giant Barnes & Noble, whose national network of bookstores looked unbeatable, prompting George Colony, president of Forrester Research, a prominent technology-analysis...
...school and a computer-science major at Tufts University, he fit all the stereotypes. "I was the typical nerd or geek," he says. "I forget which one is the good one now." After his junior year, he moved to the San Francisco Bay Area for a programming internship and never looked back...
...define ourselves by our stuff," says Robert Thompson, president of the Popular Culture Association and a Syracuse University professor who specializes in the study of collectibles. In a democracy, with everyone theoretically equal, people want to be different. We don't have a caste system; we've never had a blood-line aristocracy. We've distinguished ourselves by our cars, by the clothes we wear, by the stuff we buy and sell. "I suppose you can lament all the consumerist tendencies in this, the materialism," say Thompson. "But it gives so much joy to so many people...
Instead, there is a cyberstore that never closes and is more likely to have what you desire in stock because of that infinite shelf space and the millions of square feet of cheap warehouse real estate in Utah or Nevada. "The pure Internet plays don't have nearly the infrastructure cost that off-line plays do," says Mike May, an analyst at Jupiter Communications, an e-commerce research firm in New York City. "A single point of sale can be used to reach an entire country or the entire world." As Jay Herratti, president of Boo.com North America, a sportswear...
High shelves and horrible muzak. Aisles littered with squashed grapes and spilled cornflakes. And those gosh-darned carts that never steer straight. Yep, for most of us, the experience of grocery shopping still ranks somewhere between having a tooth pulled and changing a diaper...