– One Last Hurrah…

Posted on July 8, 2008


Back in late 1990s, I travelled frequently to the Bay Area for work, and during that time, was convinced that I belonged in Silicon Valley working with one of the great new start-ups. It took me until 2001 to finally get here, just a bit past the prime years of gluttony for many-a-startups.

One of those companies that was particularly interesting to me was – a company that paid its users to surf the Internet. A close friend of mine (who shall remain nameless), worked as an analyst there and still tells stories about how the company would announce how many millions of dollars they paid out to its users (generally denominated in millions); followed by an employe cheer on at the recital of how much money was lost that month. Even as a analyst working on the version of TPS reports, something didn’t seem right to my friend.

Now in the lore of Silicon Valley start-ups long gone, managed to resurface in a recent piece on The Industry Standard.

Quite ironic how The Industry Standard is doing pieces on failed Internet start-ups. I attended one of their rooftop parties many years ago – they weren’t exactly the frugal type themselves….