Word: silicon
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Dates: during 1990-1999
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That idea of feeling bracingly alive through high-risk endeavor is commonly echoed by athletes, day traders and other risk takers. Indeed, many Silicon Valley entrepreneurs are extreme-sports junkies. Mike McCue, 32, CEO and chairman of Tellme Networks, walked away from millions of dollars at his previous job to get his new company off the ground. It's his third start-up, and each time he has risked everything. In his spare time, McCue gets himself off the ground. He's also an avid rock climber. "I like to feel self-reliant and independent," he says. "And when...
...been reading about--"millionaire angst," a condition that can apparently disable an otherwise healthy and prosperous 28-year-old who, while stripping paint from what ought to be a perfectly adequate starter house, can't keep himself from dwelling on the fact that a contemporary of his in Silicon Valley is starting with a house that costs $9 million...
...basic, how come most of us are about as familiar with it as we are with life on Mars? Steve Jurvetson, a partner in Silicon Valley venture-capital firm Draper Fisher Jurvetson who has invested in FastParts, an electronics trading exchange, and Sonnet Financial, an online foreign exchange, calls B2B "the iceberg waiting to emerge." "Most people," Jurvetson says, "understand the business-to-consumer market because they are consumers themselves. It's kind of like the Beardstown Ladies' investment protocol: use a product, come to understand it and then invest in it. With business-to-business, though, unless...
...objectively rank a college. You have these 16- and 17-year-olds and their parents obsessing over these ratings, and making bad decisions based on a number." Tech-heavy schools like Cal-Tech moved up based on the job prospects and salaries of their graduates (think Silicon Valley), but what if you want to become an English professor? Then it?s not No. 1 for you. Kasky didn?t begrudge the list its water-cooler value. "It?s fun to put this list out, and it sells a lot of magazines," she says. (TIME, for one, has its own version...
Sure, athletes are bought and sold all the time; but it sounds ridiculous to shop a UNIX programmer or architect. Yet the timing is perfect for such a bold experiment in the burgeoning field of e-cruiting. Not only is unemployment near record lows, but Silicon Valley is also facing a severe shortage of qualified techies. There are 500,000 vacancies, a number expected to grow to a few million. In such a tight labor market, the Net may be just the tool for the growing ranks of job-hopping free agents to flex their bargaining muscle...