Word: palos
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...every screenplay in L.A., there's a business plan in Silicon Valley. All it takes to launch the next Internet giant is a neat idea, a few connections and a lot of luck. Palo Alto even has its own Spago, where venture capitalists have become the Harvey Weinsteins and the pitches sound like "It's FogDog meets AskJeeves." Entrepreneurs even have their own snooty publicists. The agents will arrive shortly...
Gregory Slayton, CEO of ClickAction Inc., is also running George W. Bush's Silicon Valley campaign, and he's convened a group of 30 well-scrubbed executives for a breakfast at Scott's Seafood Restaurant in Palo Alto. Slayton is decked out in a dark blue suit and a SILICON VALLEY BUSH 2000 baseball cap. When he laughs, he throws his head back and rolls his weight onto his heels. He greets guests by simultaneously shaking their hands, slapping their backs and bellowing, "Buddyhowareyagoodtoseeyouman!" Watching him, it's easy to forget that it is not yet 8 in the morning...
...tell that despite my protestations several of my readers have already dropped the paper and caught the next flight to Palo Alto. That's okay, I don't mind. Those who have stuck with me this far are obviously the people who agree that life is not about money...
...sometimes numbers alone can paint a pretty clear picture. Take Chemdex.com a vertical e-market based in Palo Alto, Calif., developed for the pharmaceutical and biotech industry in 1997. Chemdex is reducing sales and distribution costs industrywide by 20%--more than $4 billion of the total $20 billion global life-sciences research-products market, according to Volpe Brown analyst Finnie. "In effect," he says, "Chemdex is turning around to the chemical producers, and it is saying, 'Congratulations! This is your lucky day. You just won the lottery. Here's a check for $4 billion.' These guys have not seen their...
...device is subpar. But if I were in the market for a personal digital assistant, I'd wait. I told Benenson what I can't tell you, since I'm bound by one of those stupid nondisclosure agreements. O.K., I can tell you this much: very soon, Handspring, a Palo Alto, Calif., company founded by the folks who built the original, brilliant PalmPilot, will be launching its own PDA. And if it's as good as it looks in demos, I can't imagine why anyone would want to buy anything else...