Word: yahoos
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Dates: during 2000-2000
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Wake up, Gary. The war is over, and you lost. Every other yahoo on the street is proudly advertising for Tommy Hilfiger, John Deere or the Boston Red Sox. At least Autowraps drivers get paid. "I'm making the choice to do with my car as I please," says flight attendant Billy Dulin, 33, as we tool around San Francisco in his Volkswagen Beetle. Dulin pockets $250 a month for a partial wrap pitching Lowestpremium.com car insurance...
...truest of new-economy true believers, bloody April--during which the NASDAQ fell 25.3% and the IPO window slammed shut--has given way to a Summer of Discontent. While most of the big names have recovered a bit from their April depths, they are still down for the year: Yahoo, off 50%; CMGI, down 70%; Priceline.com off 57%. Just last Friday, amid renewed analyst concerns about disappointing revenues, Amazon.com dropped 19% more to close at $34, off 70% from its December high. Amazon laid off 150 workers in January, Oxygen Media fired 15, and AltaVista sacked...
...when these Internet elephants begin to stumble, the mice get crushed. For every Amazon or Yahoo, there are 10,000 smaller Net companies that never got the chance to go public--and now probably never will. For those companies and their employees, who believed just as hard as Jeff Bezos and Jerry Yang but got to the barricades a lot later, the business climate is drastically different. Call it the new new economy...
...willing to ride around town in a car decorated with advertising, you're in luck. Several new companies in California, such as Autowraps and MyFreeCar, are paying people $200 to $500 a month for driving their own vehicles around town emblazoned with ads from companies like Yahoo and Dreyer's ice cream. Not everyone will qualify; you gotta have a nice enough ride and spend plenty of time tooling around the highways...
...already use or watch webcams. During the broadcast of the original Big Brother in Germany, the show's website--on which you could see all the 24-hour feeds of the participants in the house instead of just the edited TV installments--was clicked on as often as megasites Yahoo...