Word: silicon
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Dates: during 1990-1999
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Good luck. The smart guys in Silicon Valley, whose condescension toward AOL has risen in direct proportion to its embrace by the public, have never considered the company a serious technology player. "America Online has built an exceptional franchise on a technology base that could charitably be called dated," says Roger McNamee, founder of the high-tech investment firm Integral Partners. "It has been difficult for its partners to work with, and for AOL itself to maintain." How can the company possibly hope to compete in the corporate networking market if its own network is held together with Scotch tape...
...typical Jobs: quick, dismissive and at least half wrong. Jobs ended up licensing Microsoft's BASIC after all (on terms that turned out to be, as usual, very advantageous to Apple). And though he went on to become, for a time, the golden boy of Silicon Valley--in 1981 Apple's $334 million in sales dwarfed Microsoft's puny $15 million--it was Bill Gates who became the emperor of all computerdom...
...were rooting for Netscape. We didn't want to see it get downsized, restructured or swallowed up. Netscape wasn't just another Silicon Valley software company, any more than Apple is just another computer maker. Netscape stood for something grand, something transcendental and empowering. It gave people the tools to communicate their ideas cheaply or sell their stuff to anyone on the planet without going through middlemen, censors, gatekeepers or even...
...deep-sixed; Michelangelo's frescoes in the Sistine Chapel would deteriorate; rare books and manuscripts would fall apart; deep mining for gold, silver and other metals would be impossible; the world's largest telescope wouldn't work; many of our children wouldn't be able to learn; and in Silicon Valley, the computer industry would crash...
...recently gave a speech to managers of a fast-growing Silicon Valley company. Before I began, the CEO pulled me aside to tell me about the audience. He said they had all become rich from company stock options and didn't need to work anymore. The CEO explained that the managers stayed on because they were intrinsically motivated to make the world a better place...