What We Learned In The New Economy: Converge Those Actionables, Dude!

• What We Learned
• A Brief History
• Profiles
• Vocabulary
• Where Are They Now?
• What You Learned

Actionables

Then, parts of a business plan a person could take action on

Now, offenses for which your former employees, customers, and shareholders can take you to court.

Angels

Then, early individual investors in a startup

Now, the supernatural beings you pray to each night in hopes of staving off total financial ruin.

B2B

Then, business-to-business

Now, back-to-basics.

B2C

Then, business-to-consumer

Now, back-to-court.

Build it and they will come

Then, the notion that if you built an Internet presence, paying customers would soon flock

Now, a line from the Kevin Costner hit movie Field of Dreams.

Bunny suits

Then, the protective R&D gear worn by lab rats in "clean rooms," where the latest technology was being invented

Now, the costume some former dotcom executives have to wear for their $8-an-hour Easter party gigs.

Convergence

Then, the coming together of various forms of media and technology

Now, cable operators' lock on anything that can travel over coaxial cable.

Due diligence

Then, the thorough investigation by a VC firm of a startup

Now, the work done by Eliot Spitzer's staff before presenting yet another case to the SEC.

Eating your own dog food

Then, Netscape's term for using its own software

Now, saving on groceries.

ERP

Then, enterprise resource planning

Now, early retirement package.

Exit strategy

Then, a plan for getting out of a startup at a profit.

Now, a plan for busting out of the slammer.

Finger

Then, a method used to find someone on the Web

Now, ratting your boss out to the authorities.

First-mover advantage

Then, being first to market

Now, being the lone survivor.

IPO

Then, initial public offering

Now, illegal profiteering orgy.

Network effect

Then, the magnifying effect of Web communications

Now, spam.

P2P

Then, peer-to-peer

Now, paycheck-to-paycheck.

Personalization

Then, tailoring online offerings to individual clicking habits

Now, a thin excuse to strip people of privacy rights.

Spin-off

Then, the lucrative separation of a promising business from its corporate parent

Now, a way to dump a dog, usually by selling it for a fraction of what was spent on it.

Value-added

Then, the notion of adding critical value to an existing product or service

Now, getting a supersized order of fries and a drink at McDonald's for only a buck more.

Webify

Then, to get your existing business ready to operate on the World Wide Web

Now, having Phil from IT slap up a Web site.