“The Internet is a powerful way to make lots of money. But we are not going to buy Yahoo.”
Viacom CEO Sumner Redstone, who, all things being equal, would rather get his clicks for free, CNNfn, 3 May 2001
“The Internet is a powerful way to make lots of money. But we are not going to buy Yahoo.”
Viacom CEO Sumner Redstone, who, all things being equal, would rather get his clicks for free, CNNfn, 3 May 2001
“I want to punch CEOs in the face whenever I see them on CNBC talking about shareholder value.”
Stephan Paternot, the plastic-pants-clad, 27-year-old ex-co-CEO of TheGlobe.com, who’s now considering adding value to some benighted firm somewhere in Hollywood, The Wall Street Journal (paid subscription required), 2 May 2001
“The new business model causes a change in reporting, not a change in revenue, and there is a fundamental difference.”
Computer Associates CEO Sanjay Kumar, clinging desperately to his new-rules-for-the-new-economy phrasebook as he defends his company’s creative accounting, TheStreet.com, 30 April 2001