WHAT’S SO COMPLEX ABOUT THROWING MONEY DOWN A PIT?

“The money was largely spent for software development, and the software was a complex product developed in a complex way.”

David Carlick, erstwhile president of PowerAgent — an online advertising startup most noted for contracting out its software development and burning through $20 million in venture capital and loans with no product to show for its troubles — on how hard it was to spend that wad of cash, San Jose Mercury News, 15 February 1998

Advertisements

IT’S A WONDERFUL NET

“Technology really has turned out to be a wonderful thing. Americans really are tuning in in a positive way to the Internet.”

Bill Clinton, president and chief executive officer of the United States, waxing poetic on the wonders of the Internet but somehow failing to cite the Drudge Report’s URL, AllPolitics, 12 February 1998

CHILD SAFETY FOR DUMMIES

“We wanted children to be able to go to places on the Web where they can feel safe to explore and play. We also wanted something that doesn’t require every consumer to be a Web genius — something simple, clean and easily applied.”

Tom Morgan, chief executive officer of IDG spinoff NVolve, on his “Safe Playgrounds Initiative” that would put childproof caps on selected online content areas — without having parents actually do any work, of course, New York Times CyberTimes, 16 February 1998

THIS REVOLUTION WILL BE MERCHANDISED

“We’d love to revolutionize media for women. Right now we’re just a zine, but someday I want to see a print Maxi magazine, Maxi radio, Maxi TV, Maxi clothing, Maxi: The Movie. Commerce. Makeup. World domination. The planet will be like a Disneyland for women.”

Janelle Brown, cofounder of Maxi, an online zine for the painfully underserved demographic of hip urban twentysomething women, on her modest plans for her media beast, San Francisco Bay Guardian, 11 February 1998