Word: upstart
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Dates: during 2000-2009
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Some business deals fit the times so perfectly they help to define their eras. The world woke up to Japan's intention to conquer the global economy when a Japanese company purchased Rockefeller Center in 1989. Internet upstart AOL signaled the rise of digital by buying last century's media giant, Time Warner, owner of this magazine. China and Taiwan now have their epochal deal, signed by scions of wealth and privilege from either side of the Taiwan Strait. Winston Wong, the estranged son of Taiwan's most colorful executive, has gone into business with Jiang Mianheng, the low-profile...
Harvard finishes the season third-place behind upstart Yale and Penn (19-7. 7-0). The Quakers recently wrapped up their first-ever Ivy title...
...push the analogy to its conclusion: Will the drama end in war between the upstart and the status quo powers, as it did in Europe in 1914 and in the Pacific in 1941, when Japan attacked Pearl Harbor? Luckily, history knows similar dynamics but no determinism. Look how Washington and Beijing resolved the Hainan incident. Both knew that matters must not get out of hand, that neither player could be forced to slink away in humiliation. Add two numbers: China's $80 billion trade surplus with the U.S. and 54,000 Chinese students in America. Nobody else in the world...
...Slashdot (profiled in September), has fostered hot Internet newcomers by giving away valuable code for free. David Neeleman's jetBlue airline (January) just celebrated its first birthday, took delivery of its 11th new Airbus 320 and prompted U.S. regulators to coin the term jetBlue effect, which occurs when the upstart enters a market and fares plunge. And the edgy Catalan chef Ferran Adria (November) got his own cooking show on Spanish TV. Of course, some of our rebels have had problems. Joseph Park, founder of the defiantly free U.S. delivery service Kozmo (September), had to impose...
After splitting its games Friday with upstart Columbia and Saturday with Cornell, the defending Ivy League champions now stand a game behind the Big Red and Dartmouth in the race for the Ivy League title. The Crimson (14-16, 5-3 Ivy) cannot repeat last year's feat without at least some help: if Cornell wins all four of its games against Penn and Princeton next week, the Crimson would definitely not repeat as Ivy League champs...