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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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- IP: Valley of the Dollars David Farber (Sep 16)