Lecture Seventeen--ICS 131--Fall 00--21 November 2000 Review of Lecture Sixteen
Three articles on changeWeb publishing
Classroom changes:Lizzie Borden material,
"Ask the audience",
Wireless campusPalm computing
Lecture Seventeen--Eight people stories from the dot-com world1. Really early midlife crisis
29 year old from CA goes to NYto set up NY office for Fluid, Inc
Too much, overwhelming, no bonus
He quits and goes back to CA
"Bought into a dream, but the dream
didn't give them what they want"
Usually happens in 40-50 year olds
Young people get rich
dot-coms tank
people laid off, companies go bankrupt, nervous
Silicon Valley, no lifeToo much responsibility too soon
Some turn to religion
Some go back to companies they left,
e.g., Anderson recruiting people who left
2. Six profiles
a. Seth, 29--PetStore.com, bust, big hi, big low
b. Cecelia, 32--E-commerce fashion consulting
too much, too busy, cut back, sister diesc. Theo, 29--start up, too much, back to Bainsleeping in a sleeping bag under your deskd. Jason, 27--co-founder of .com, sold, back to schoolthree nights a week is really abnormal
old goal: retire by 30 w/10-20 millione. Jeanne, 36--from PR firm to web broadcasting cofor same salary plus equity. Co. foldsf. Justin 25--tending bar, maybe grad schoolto an incentive based marketing networknow teaching math to 7th graders
.com was a great experience
3. Heidi Miller, 47McGeehan, Patrick,
Executive asseses her adventure at a dot-com
NY Times, 9 Nov 00, C1, C4
Highest ranking woman at Citigroup moves to Priceline"... dot-coms were all golden, and now they're all dirt."
not reallyPriceline now is not a growth challenge, it is a workoutshe want to learn, not to earn
startups not better for women
another .com--only if she was in control
4. MoralsWhat is relation of downfall in .com world
to these stories?Not enough control-- too much to doToo much work--not enough satisfaction
Bounce back to old job
Are .com's different than old-line companies?
If so, how are they different?
JF leaving Berkeley to come to Irvine
5. Gender and ethnicity
See Lecture Five--Win00
Readings for Lecture 18
Ligos, Melinda. Turning to Online Schools for Advanced Degrees, NY Times, 19 Nov 00, Bu 10