Word: pocketing
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Dates: during 1990-1999
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While the hiring this summer of Carly Fiorina as the first female CEO of Hewlett-Packard was considered a seismic event among the Valley's pocket-protector set, members of the dot.com generation barely shrugged. For many of them, the boss already is a woman. The boom in e-commerce--and the relative unimportance of engineering expertise, where men have ruled--has produced dozens of young entrepreneurs like Della & James' founders, Jessica DiLullo Herrin and Jenny Lefcourt: business-savvy women running Internet companies that cater mainly to women, peddling everything from wedding gifts to cosmetics to knitting. "Women are looking...
...funds pay no income or capital-gains taxes so long as they pass on the gains and resulting tax liabilities to shareholders once a year, usually in November or December. Most investors never take a fund's distribution as cash; they reinvest it and pay the tax out of pocket. That's why the worst time to buy a stock fund is just before the annual payout. You get hit for a year's worth of taxes even if you owned the fund briefly...
...sick of them, frankly. That type of appliance just doesn't suit me. As a writer, Web browser and unrepentant Quake player, I'm strictly a laptop kind of guy. I demand more screen real estate than you get on a device small enough to fit in your shirt pocket. Also, I don't have enough friends or business associates to necessitate an e-address book...
Kaushik soon landed a job at Oracle, one of the Valley's blue-chip firms. Two years later, he quit to take a job at a hot start-up called CrossWorlds Software. Had he stayed at Oracle, "I would have made a lot of money. Not multimillions, but not pocket change either." Kaushik left CrossWorlds after a year--the company has yet to have its IPO--to start his own dot.com with three friends. "I thought starting my own company would complete my contribution to the world and my profession," he says. But after three months of trying to raise...
...turned our backs to the waves because our life vest in the front has a little pocket of air you can breathe if you're under water. I could hear each wave from behind me like a freight train coming. Then it sounded like a jet going past, as it hit me in the back like a 20-lb. sledgehammer. The waves were like five-story buildings--light green, with whitecaps on top. As they broke over me, it all turned a real royal blue, a real pretty, beautiful blue because of the light shining through...