Word: start-up
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Myplay also has what Fisher calls engineer gravity. As the guys who do the heavy lifting in any start-up, engineers are heavily in demand. The companies where they cluster are the ones with the greatest chance of attracting more engineers--especially ones that take pay cuts. Engineer gravity may determine who lives and dies in Round 2 of the Net economy...
What I really say is, "I am working for a start-up online supermarket...
...bandwagon. In the past several months, corporate heavyweights IBM, News Corp., Time Warner (parent of TIME) and Arthur Andersen, to name a few, have launched their own funds. Even the CIA has set up a venture arm, In-Q-Tel. And later this year, Silicon Valley start-up MeVC, along with VC Draper Fisher Jurvetson, will roll out a publicly traded venture fund that lets individuals with a net worth of at least $150,000 plunk down a minimum of $5,000 to play...
...finally got the call. Tim Nye, the co-founder of SonicNet (and I'm pretty sure, despite his denials, the Science Guy), wanted to interview me for a job at his new Internet start-up. He was vague on details about the company and said he couldn't tell me its name. He did, however, mention (a number of times) that it is pre-IPO. That was exactly how I dreamed it would happen...
Jeannie V. Lang '00, another member of SAC, is taking next year to expand a small start-up non-profit organization that helps under-privileged youngsters get to college. The organization, Get Ready! works with churches, schools and families to provide free SAT prep and college/financial aid advising to under-served urban high school students...