Word: siliconing
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...lives frugally--as do more than a few billionaires in Silicon Valley--sharing a two-bedroom San Mateo apartment and a 6-ft.-wide-screen Mitsubishi television with co-Napsterite Sean Parker. The tables are strewn with old pizza boxes, empty Coke cans and, Napster notwithstanding, actual digital discs, both video and audio. The furniture is rented, the brown sofa often serving as a crash site for Fanning's 13-year-old brother Raymond, who is teaching himself to code while he stays with Fanning. They have never bothered to get a phone line installed; the cell phone works just...
...credit is hugely popular in Silicon Valley and among biotechnology and large pharmaceuticals companies. R. and D. is their lifeblood. Such companies depend on a constant flow of new drugs and gadgets. But is it right that they slough off onto taxpayers part of their R.-and-D. tab? It seems a difficult argument to support, given how much money is to be made once a new drug or technology reaches the marketplace...
Harvey also never managed to make money, getting by with just enough odd landscaping jobs to pay for his tiny San Francisco apartment. Three years ago, however, he started to support himself from Burning Man entrance fees, which now range up to $250, and Harvey has plans to entice Silicon Valley millionaires into sponsoring its art and providing for spin-off festivals. He is also preparing a manual to distribute to anyone who wants to build his own Burning Man. "This will be Rome to the colonies," he says of his Nevada experiment...
...live: the site issued only three press releases in its brief life and delayed the launch so often it became an industry joke. Out of the $50 million purse promised them by Microsoft co-founder Paul Allen, it spent a paltry $7 million--barely a long liquid lunch by Silicon Valley standards...
...Even by Silicon Valley standards, life at Google is ridiculously cool. The 120 employees at the two-story office block off Route 101 known as the Googleplex have everything a well-to-do West Coaster could wish for: full-time masseuse, yoga classes, all the Ben and Jerry bars they can eat and organic catering by the guy who used to do meals for the Grateful Dead. The only table in the boardroom is for Ping-Pong. There's pool, shuffleboard, two pianos, twice-weekly hockey games, K'nex models for the nerd set--which is everyone--and even...