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...Internet are just tools that allowed me to take part in a world I wanted to be in." They were also his ticket to the 2001 World Economic Forum in Davos, where he was named a Global Leader for Tomorrow. Meeting people like billionaire George Soros and microfinance pioneer Muhammad Yunus "was inspirational," he says. "I was hanging on every word...

Author: /time Magazine | Title: This Boy's Life | 3/26/2001 | See Source »

...where risk and euphoria have been displaced by disillusionment, caution and blame. "It was an expensive lesson," says Bernd Hardes, a venture capitalist who co-founded ECONA AG in Berlin. Says Elserino Piol, president of Italy's Pino Venture Partners: "We've come to the end of the pioneer cycle." Venture capitalists are at the heart of that change. Before the markets turned south, such folks had a clear, highly lucrative exit route from almost any dotcom in which they invested: an initial public offering. Now, as they depend on alternative exit strategies such as trade sales - in which...

Author: /time Magazine | Title: Nothing Ventured | 3/19/2001 | See Source »

...early environmental test for President Bush, who campaigned against the document. But Secretary of State Colin Powell has already heard preliminary briefings on the matter as the U.S. preps for the next round of talks, to be held in Bonn in mid-July. Bush the First helped pioneer credit trading in 1990, when he signed legislation that capped power plants' sulfur dioxide emissions--the main ingredient in acid rain--but allowed the plants to swap credits. And Houston-based Enron, an energy trader whose chairman, Ken Lay, was a prominent W. campaign adviser, stands to be a huge player...

Author: /time Magazine | Title: Earth, Inc.: Warming Up To Green | 3/19/2001 | See Source »

...Cynics might figure that view has been shaped by big donors like credit card giant MBNA, which along with its employees donated $1.3 million to the Bush campaign. Its president, Charles Cawley, was a Bush "pioneer" fund-raiser who, along with his wife, gave $5,000 to help fund Bush's Florida recount fight. Heck, Cawley even chipped in the maximum $100,000 for the new president's inaugural bash...

Author: /time Magazine | Title: Broke? Why You May Want to Head to Bankruptcy Court Now | 3/14/2001 | See Source »

...What we're doing to change the human gene pool in this field is very small," said Weatherall, a pioneer in the application of molecular biology to human hereditary disease...

Author: By Allison I. Rogers, CONTRIBUTING WRITER | Title: Genetics Speech Addresses Ethical Debates | 3/9/2001 | See Source »

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