Month: July 2001

“We can’t be a great technology company while being great direct marketers and merchandisers.”

Egghead.com merchandising exec Merle McIntosh, defending his company’s decision to outsource its auction sales to FairMarket, News.com, 17 July 2001

“There’s a battle going on for the soul of the entrepreneur. It’s a contest between missionaries and mercenaries.”

Kleiner Perkins VC John Doerr, who did more than his part to appeal to entrepreneurs’ mercenary instincts when he declared that the Internet boom was “the largest legal creation of wealth” in history, San Jose Mercury News, 16 July 2001

“Salon is worth less right now than the pre-money valuation of most companies written down on a napkin.”

Bhu Srinivasan, a startup entrepreneur seeking to make a hostile bid for Salon.com, with plans to sack its staff and use it as a showcase for his company’s unproven technology, Inside.com, 11 July 2001

“The problem we had with Napster was that they never asked us or other artists if we wanted to participate in their business.”

Metallica drummer Lars Ulrich, on settling his group’s lawsuit with Napster, E! Online, 12 July 2001

“Silicon Valley is like a magic circle run by 2,000 or so people and Susan is one of those.”

Moreover.com founder and former journalist Nick Denton, on giving up the reins of power to new CEO Susan Atherton, The Guardian, 9 July 2001