Changes.BOSTON CONSULTING GROUP analyst David Pecault on the future of Internet retailing: "We're seeing a rapid convergence between the virtual and real worlds, and the retailers who do the best have both online and bricks-and-mortar distribution outlets." (Quoted in The Wall Street Journal, 11/18/98) CYBERIAN OUTPOST Cyberian Outpost was an online vendor of discount computer hardware and software, and was one of the first successful online retailers. CybOut was founded in 1994 by Darryl Peck and announced its IPO in 1998 (NASDAQ: COOL). chief executive Darryl Peck on electronic software distribution: "I never see the day where ESD (1) (Electronic Software Distribution) Distributing new software and upgrades via the network rather than individual installations on each machine. See ESL. overtakes shrinkwrap. When we're doing our planning, even though ESD has higher margins, we're not planning on ESD contributing that much revenue." (Quoted in Internet World, 1/1/99) INFOIMAGE president Randy Eckel on his annoyance with Lotus president Jeff Papows, after learning that the ship date for a long-promised upgrade for Notes had slipped: "[Papows] made an announcement at Lotusphere, saying, OI promise you it will ship in February.' He made a promise in front of 12,000 people and broke it." (Quoted in Computer Reseller News, 2/22/99) MARINE CORPS personnel official Doris Piriak on Lotus president Jeff Papows, who falsely claimed to be a fighter pilot with a rank of captain: "There is absolutely nothing that indicates he was a captain or on a plane, either as a pilot or in the plane. He was an air traffic controller. That's it." (Quoted in The Wall Street Journal, 4/29/99) LOTUS spokesman Bryan Simmons on his company's response to the Wall Street Journal expose of Jeff Papows: "No one should expect to see any changes here, and our point of view is that the story is largely concocted of rumor and commentary on rumor." (Quoted in Computerworld, 5/3/99) NETSCAPE chief executive Jim Barksdale Jim Barksdale (born January 24, 1943) was the president and CEO of Netscape Communications Corporation from January 1995 until the company merged with AOL in March 1999. Early life James (Jim) Love Barksdale was born in Jackson, Mississippi. He received a B.A. on his future, now that AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. has acquired his company: "I'm not going to be in active management ever again. I've been in this for almost 35 years. That's enough." (Quoted in PC Week, 3/29/99) IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) departing executive John W. Thompson
SEQUOIA CAPITAL Sequoia Capital is a venture capital firm founded by Don Valentine in 1972. The firm's partners include Don Valentine, Pierre Lamond, Michael Moritz, Doug Leone, Mike Goguen, Mark Stevens, Jim Goetz, Sameer Gandhi, Roelof Botha, and Mark Kvamme. general partner Doug Leone on why he likes to invest in companies started by entrepreneurs whose first ventures failed: "We don't do as well with with people who have built successful companies before. They tend to worry about their golf handicap A golf handicap is a numerical measure of an amateur golfer's playing ability. It can be used to calculate a net score from the number of strokes actually played, thus allowing players of different proficiency to play against each other on somewhat equal terms. . They've forgotten what it's like to work six and seven days a week." (Quoted in Upside, 5/99) |
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