I Want Sarah to Visit:

The captivating story of the mavericks who emerged from the dotcom rubble to found the multi-billion-dollar companies taking the Web into the 21st century.


Everyone has heard the story of the Internet Bubble. Beginning with Netscape's blockbuster IPO in 1996, billions of dollars flowed into Internet startups, and companies with no revenues and shaky business plans earned sky-high valuations on Wall Street. It was the era of paper millionaires, $800 office chairs, and Super Bowl ads for dotcoms that no one had ever heard of. Then in 2000 the Bubble burst, with the Nasdaq losing 75% of its value and hundreds of companies closing up shop. It was all written off to "irrational exuberance," and everyone moved on. Once You're Lucky, Twice You're Good is the story of the entrepreneurs who never gave up on the Internet dream.


"Sarah Lacy's very readable book pulls back the veil from the new princes of Web 2.0, and that it is as much about attitude as it is about business."

ANDY KESSLER AUTHOR OF RUNNING MONEY, WALL STREET MEAT, THE END OF MEDICINE

SARAH'S ARCHIVES

August 30th, 2008

I Have Issues

Well if that didn’t scare you off then perhaps this blog
thing may actually work out. First off, I profess to know very little about start-ups, or
the latest app, or even the basics behind blogging. I still don’t understand how
I am legitimate enough to air my own views through blogging. But I digress. I
do understand that tech knowledge will come with time, but I am anxious and
excited to get the ball rolling. Whereas I used to gorge myself on gossipy,
girly pop culture sites, trust that Sarah now has me on a streamlined diet of
tech blogs. In the interim, however, I’ll remain that weird kid at the table
typing away at her five-year-old Dell PC and answering her flip phone that
beeps like a Tamagotchi. And yes, I can feel your judgment. ;-)

 Being the great reporter that she is, Sarah has it pretty
down pat: analyzing the business merit and the industry appeal behind these new
ideas while also revealing the humanity in the people that strive to achieve
the next big thing. I just observe people and read vibes. Perhaps I’m leery of the tech overhaul- where a
person becomes little more than a Twitter handle, and can hide behind a blog
instead of speaking and voicing their opinions. I can already see the change in
little tweaks and twinges- an example being Facebook’s new UI. I know, I know,
groans all around- why are we talking about this again? Well, Facebook is
priming itself to be the ultimate social media site, if it isn’t already. And I
hate the new version. (This coming from a self-declared Facebook stalker.)

 Sure it may be more efficient, and the design layout is
clean and direct, but the new version also represents a fundamental truth-
there’s no mystery left, nothing to discover about someone. In the older
version, a person’s profile view centered around who they are: likes,
interests, movies, music. Now, the first thing I learn when I click on a
profile is who a person knows and what he or she does: who writes on their
wall, what updates Friendfeed lists, etc. It’s a disconnect, a person’s
individuality replaced with their network and a hungry sense of self-promotion.
The Wall abides.

I know this doesn’t pervade all aspects of life, since I have met so
many interesting and creative people in person. Yes, the control does still lie
with the user and promotion is commonplace in our culture. In fact, I just added
Friendfeed- although not because I feel I have enough legitimacy to throw my updates out
there in bold script, but because I would be out of the loop if I didn’t. I’m still
not entirely comfortable with that level of promotion. But I will be. I guess I’m
just old-school across the board, not only in my outdated gadgets.

 Perhaps, this is why I’m so tickled over Sarah’s posts about
Mad Men this week. I’m new to the
show this season, right now as it inches towards its apex of exposure. Sounds like a familiar scenario. Nevertheless, I like the show. My nostalgic memaw side is pretty keen on the idea of business conducted through
handshakes and handwritten notes. And three-martini lunches. So if Mad Men can get down with Twitter, then
I suppose I can embrace my new techie side and get down with Facebook.
Eventually.

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SARAH LACY has reported on startups and venture capital in Silicon Valley for nearly a decade. She writes Valley Girl, a biweekly column for BusinessWeek and co-hosts Tech Ticker on Yahoo! Finance. She lives in San Francisco.
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