Month: August 1998

“The problem with ‘portal’ is that it implies an entry and an exit.”

Lycos CEO Bob Davis, deconstructing his competitors’ a-click-through-every-minute business model, News.com, 20 August 1998

“We view the world as having two types of searches, and we’re adding a third.”

Gary Culliss, chairman and cofounder of Direct Hit, on how his company’s Web search technology will simplify things for users, News.com, 21 August 1998

“Yeah, yeah, very hot, blah blah blah. I like businesses that make money now.”

James J. Cramer, infamously goateed hedge fund manager and chairman of TheStreet.com, responding to a question about Internet auction house eBay (not his own unprofitable financial publishing venture), TheStreet.com/Yahoo Chat transcript, 19 August 1998

“The restructuring solves problems of spending money in areas we don’t have to spend money in.”

N2K CEO Larry Rosen, on recent real-world layoffs in his company’s music label, The Industry Standard, 18 August 1998

“The Internet is the great democratizer; it’s about what I think, not about what the media thinks.”

Time Daily editor Josh Quittner, blissfully unaware of his membership in the meme-shaping media elite, ZDNN, 17 August 1998