FRIENDS DON’T LET FRIENDS INVEST DRUNK

“What we’re doing is getting our burn rate and business plan more in line with the more sober economic environment.”

Eazel marketroid Brian Croll, on the open-source interface company’s cold-shower-and-coffee headcount reduction, News.com, 13 March 2001

BROTHER, CAN YOU SPARE SOME CHANGE?

“We’re now in a cycle of demanded innovations. When profits are down and there is no money, you have to innovate to stay in business.”

Standard Media CEO John Battelle, passing the virtual hat at SXSW in Austin, Wired News, 12 March 2001

PAY THE FAT PIPER

“If Napster is shut down, it’s because, even though our users are willing to pay, the record companies don’t want to take their money.”

Napster interim CEO Hank Barry, whose billion-dollar offer to the music industry was dismissed as a few orders of magnitude too small, The New York Times, 21 February 2001

WE WISH WE COULD HAVE OUTSOURCED THE HUMILITY

“We spent the past year reforming ourselves back into a profitable, economic, value-added, slower-growing, more humble, more conservative entity.”

MicroStrategy CEO Michael Saylor, whose ego is the only thing at headquarters that has yet to be right-sized, Business Week, 21 February 2001

DATABASE REICH

“There will be no new architecture for computing for the next 1,000 years.”

Oracle CEO Larry Ellison, estimating the length of time it will take his programmers to debug his company’s e-business software, News.com, 21 February 2001