Word: ipos
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PALM Handheld IPO soars 150%. TAP, TAP, TAP. "Memo to Gates: Windows CE stinks...
...Standard is living at warp speed. Its offices are crowded with foosball tables and video-game machines. It recently got $30 million in venture capital to expand its empire (new magazines, new websites, new conferences) in return for a 15% stake in the company. It's contemplating an IPO. And on Friday night the line for its weekly rooftop party--already a San Francisco institution--stretches round the corner...
...Standard is probably a sounder candidate for an IPO than some of the dotcoms it covers, even though editorial Web ventures have a tendency to slump on Wall Street in the long run. Battelle, a Wired veteran who saw that magazine's stock-offer bid crash and burn, is cautious. "I don't want to go public till I'm sure I have a company that will be here in 10 years," he says. That's a lifetime in Internet time. Still, a magazine that took only 22 months to become an institution has a good head start...
Director Younger is only 27, and possibly just a tad retro. If he were really on cynicism's cutting edge, wouldn't Seth have a dotcom and be frantically kiting an IPO? Maybe not. Maybe that's the sequel. In the meantime, we have this curiously intense, alertly principled, refreshingly uncynical movie to savor...
...left in a spasm of menace, as if he meant to run me off the road. A complete stranger wanted me dead - or anyway, he played at it for a moment. At 75 mph, I had blocked the left lane. I had made him late for an IPO, I suppose...