Word: pocketing
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There is nothing mysterious about Wetherell's business model: find promising Internet company, buy stake, fund growth, provide guidance, sell company; or take it public and pocket billions. (It's one that is also widely implemented on Sand Hill Road in Menlo Park, Calif.--the Main Street of venture capitalism.) But what has set Wetherell and CMGI apart has been his phenomenal success. His early investments in Lycos, Booklink, GeoCities, Critical Path and a slew of other Internet companies have established Wetherell as an uncanny picker of soon-to-be-ripe Internet fruit...
...breathe," he murmured. "I've got to go." But they kept talking to him, pulled his wallet out of his pocket and held up the pictures of his daughters. Tell us about them, they said. "He was breathing and awake the whole time," says Jody Clouse. "I'm sure the pain was great." They made a sign with the dry-erase board and held it up in the window for the rescuers to see: HELP, BLEEDING TO DEATH. As the students prayed, Sanders every now and then managed to cough and spit out some blood to clear his lungs...
...nickel," he explains. I pull a five-cent piece from my pocket and hand it up to our shaken driver. Daniel receives it gratefully, drawing it to his mouth and delivering a full-bodied kiss. He breathes a deep sigh of relief and settles serenely into his seat. The car's path straightens and achieves a perfect pitch of vibration as we lock in the cruise-control at 107 mph. Next stop: Times Square...
Which is what these scholarships, once they stop coming out of Forstmann's pocket, will ultimately do. For then they will be vouchers, which set off alarms because they involve tinkering with what Jefferson envisioned as the "gratis" common school, the one institution that could make good on the Constitution's promise of equality. According to a 1997 Gallup poll, most Americans are happy with public schools. Few parents in Greenwich, Conn., would take their child out of its fine public schools for a voucher of $1,600. But in inner-city Hartford, many parents would sensibly embrace them, which...
...Boylston between Fairfield and Exeter, Cactus Club, on Boylston between Gloucester and Hereford, Division Sixteen, on Boylston between Hereford and Mass. Ave. Pour House, on Boylston between Gloucester and Hereford, Dad's on Boylston between Gloucester and Hereford. Buses back from in front of Hynes Convention Center. Look for pocket-size maps in the Houses. You must be 21 to drink...