Word: entrepreneurs
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Dates: during 1980-1989
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Wise, 41, may be poised to become as important an inventor and entrepreneur as Thomas Edison or Henry Ford. His red contact lenses are already on 100,000 chickens nation-wide, and his company, Animalens Inc., is growing...
Criticism of auction-house guarantees and loans has been particularly widespread in the past few weeks, ever since it was disclosed that Sotheby's had lent Australian entrepreneur Alan Bond $27 million in 1987 to buy what became the most expensive painting of all time, Van Gogh's Irises. But Sotheby's defends its policy as right, proper and indeed inevitable. Guarantees are given "very sparingly," CEO Ainslie said last week. "It is unusual for more than one or two paintings in a sale to be guaranteed." Ainslie rejects any comparison to margin trading. "We do not make...
Like many another entrepreneur, Bond had never given much thought to art until he got rich. "This Pie-casso, now," he asked an Australian museum man over dinner in Sydney in the early 1980s, "is he worth having?" But a major impressionist collection was what Bond hankered after. He knew this could not possibly come cheap. He didn't care. He was, in short, a dealer's dream: Billionaris ignorans, a species now almost extinct in the U.S. but preserved (along with other ancient life-forms) in the Antipodes...
...Houston lawyer Arthur Dula a dreamy eccentric, or a cosmic entrepreneur? For nearly three years he has toiled with little success to find U.S. customers for the Soviet Union's space program. Undaunted, Dula scored a coup in June when the Soviet space agency named him its exclusive American business partner. The attorney now hawks everything from advertising space on Soviet rockets to tours of launching pads...
...only foreigners and very important bureaucrats were allowed to travel in such accommodations, the door opened and in strolled a young Chinese man in a yellow Lacoste shirt, loaded down with boxes of stereo equipment. Absorbed in the music crackling through the headphones of his Walkman, the budding entrepreneur remained oblivious to Kramer and the very-important-bureaucrat, who talked late into the night about the changes sweeping the country...