Word: start-up
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What's going on here? Even the producers, programmers and performers responsible for presenting the hip-hop-culture-meets-computer-hacker show Netfiend, one of a hundred streaming video shows Webcast weekly by Internet start-up Pseudo.com can't tell you for sure. But they are thrilled to be here so deep into the night. Internet television is an unproved--and, for the moment, virtually unwatched--medium, yet the Netfiend crew is resolutely sure it is on the verge of something very big. So confident are Skat and Pseudo.com's 70 other employees of the vast potential of their still...
...desire to be in the middle of the digital revolution has compelled thousands of young workers to migrate to one coast or other seeking to cash in on the Internet and silicon dream. The myth goes something like this: acquire computer skills (skillz, in the jargon), join an aggressive start-up and, when the company goes public, cash in and make millions of dollars. It worked for Amazon.com's Jeff Bezos, Yahoo's Jerry Yang, C-Net's Halsey Minor and a host of others. When will it work...
...strapped and compelled to set up shop on pricey real estate in Manhattan's Silicon Alley or California's Silicon Valley, have to scrimp on the office space, using converted industrial lofts crammed with desks, T-1 lines and terminals. During the pre-initial public offering phase of a start-up, precious capital must be allocated to marketing and sales rather than rent and salaries, which contribute only to the burn rate--the monthly running expenses of an Internet company ticking toward ipo or implosion. For new-media employees, the workday is 16 hours, the workweek seven days. "Cyberspace...
...exceeded expectations in 13 years. It should be let go to rest peacefully. More efforts should be devoted to international space stations...The thing is bound to wear out, and that could be catastrophic if it was manned." --Pete Conrad, astronaut and CEO of Universal Space Lines, a start-up space airline
...wonder that these guys were finally deemed ready for their close-up? And can a David E. Kelley dramedy set in some com start-up in Palo Alto be more than a couple of pilot seasons away? The millennium approaches, and--we swear, after this we'll retire the line forever--the geeks have indeed inherited the earth...