Interesting People mailing list archives

IP: Valley of the Dollars


From: David Farber <farber () cis upenn edu>
Date: Thu, 16 Sep 1999 14:56:02 -0400



From: "the terminal of Geoff Goodfellow" <geoff () iconia com>


http://www.pathfinder.com/fortune/forty/wir.html

Valley of the Dollars
The young, wealthy Netheads of San Francisco and Silicon Valley protest that
it's not about the money. Give us a break.

By Eryn Brown
FORTUNE

In early July, before the heat wave enveloped my hometown of New York City, I
set out for San Francisco to spend the summer exploring how big money has
changed life for Internet people there and in Silicon Valley. I was 
supposed to
concentrate on people under 40, for the most part, who have worked 
for Internet
companies and have made a few million dollars in the past couple of years. Not
hundreds of millions, just a few. "The middle class," my editors joked. I
figured it would be fun, shooting the breeze with people my own age, people
who--according to the hype--love their work, love their lives. They'd hit the
jackpot. I'd find out what makes them tick. Sounded great.

Then I got there and got kind of depressed.

It wasn't that the people I met didn't embody all the qualities I thought they
would. They did. They were ambitious, affable, and polite. I liked most of
them.

But something gnawed at me. Internet wealth has given hundreds of lucky,
hard-working people the chance to forget about their bills and live it up a
little. But it has also created a community where grossly skewed expectations,
measured in terms of dollars, define personal success. Inner peace isn't free
in this town. People with money, ooze self-esteem. People without it have a
panicked look in their eyes. Intangible benefits--having a fun job, creating
exciting technology--don't stand on their own anymore, no matter how often
people say, "It's not about the money." (And they say that a lot.) It's all
about the money.

<snip>

=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-
Geoff_Goodfellow () iconia com, Prague CZ * tel/mobil +420 (0)603 706 558
"Success is getting what you want & happiness is wanting what you get"
http://www.nytimes.com/library/tech/99/01/biztech/articles/17drop.html


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