A Very Public Offering: A Rebel's Story of Business Excess, Success, and Reckoning
| Author | : | |
| Rating | : | 4.77 (959 Votes) |
| Asin | : | B002LSICTA |
| Format Type | : | |
| Number of Pages | : | 327 Pages |
| Publish Date | : | 2013-01-18 |
| Language | : | English |
DESCRIPTION:
This fascinating book is the story of how one man’s wildest dreams came true as well as the dramatic chronicling of the inception and evolution of an entire industry. Packed with behind-the-scenes details, the book reveals the personal and professional motivations that inspired Steph to found theglobe with partner Todd Krizelman at the age of twenty. It is a riveting narrative that is part adventure story, part romance, and part documentary of an era that business will never experience again.. Stephan Paternot knows this all too well. It is an inspirational account of a dream that survived the birth and maturation of an industry. The poster child for Internet excess, Steph’s name became synonymous with the market mania of the late 1990s after his record setting IPO. In the volatile, fast-paced Internet industry, you can go from being a hero to losing it all in a nanosecond. Theglobe marked the beginning of enthusiastic funding, the high-flying stock prices, and incredible IPOs
The sustained attacks took their toll, and in August 2000, with the stock at just $2 a share, Paternot resigned as CEO. Rarely bitter (though the collapse of other dot-coms did give him some vindication), he wisely focuses on the day-to-day mania of the mid- and late '90s "Internet revolution," vividly showing what it felt like to run a brand-new company racing headlong across unknown terrain. But when the stock price began to tumble, the press blamed Paternot and Krizelman even though, as Paternot points out, theglobe was one of the few start-ups actually turning a profit. But, as he documents in this giddy, fast-moving memoir, fortune can turn quickly: less than two years later, theglobe's stock price plummeted close to zero, Paternot's personal wealth evaporated and the press savagely attacked him and his partner, Todd Krizelman, as "global poster b
Once there was irrational exuberance During the time described in this book, I was in my teens. I thus experienced the things that Stephan Paternot talks about only marginally. Still I had my own homepage on GeoCities before it was acquired by Yahoo. I participated as such a little bit in the bubble. I haven't heard of theglobe.com before I had read this book, though. Reading it now twenty to fifteen years after the events took place proofed to be of qu. A candid First hand account of Internet mania This is a very good first-hand account of what it was like being an Internet millionaire at the highlight, trashed on the downswing, and out of work before 30. The author was a normal college kid who developed a keen interest in computers and with a partner started an Internet Community site. With a wealthy majority shareholder, they set about creating an Internet company just as the IPO market was taking off. Along . A candid First hand account of Internet mania This is a very good first-hand account of what it was like being an Internet millionaire at the highlight, trashed on the downswing, and out of work before 30. The author was a normal college kid who developed a keen interest in computers and with a partner started an Internet Community site. With a wealthy majority shareholder, they set about creating an Internet company just as the IPO market was taking off. Along