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Title: Burn Rate - How I Survived the Gold Rush Years on the Internet
Description: London, Weidenfeld and Nicolson. 1998, First Edition. (ISBN: 0297842617). Hard Cover, 8vo - over 7" - 9" tall. A Fine unmarked copy with near Fine dustjacket which is not price clipped. First UK edition. In the 1980's Michael Wolff was a journalist and writer; in 1998 he is a journalist and writer again. But for a few years in the first half of the 1990's, he was an internet entrepreneur, Chairman and CEO of Wolff New Media, a minnow in the turbulent pond of internet businesses, but a company that was nevertheless, for one brief heafy moment, valued at 150 million US Dollars. His story is of a strange and surreal world in which companies are valued only in terms of their promise and their hype, where profits, losses and revenues seem to be so much trivia. As companies' paper valuations skyrocket, along with their staffs and the perks and salaries of their executives, their revenues - with very few exceptions - are almost non-existent, and their losses reach ever more staggering levels. This is a story of of the game of the hunt for capital, for suckers with a starry future in their eyes, be they bankers, venture capitalists, stock market investors or the executives of AOL, Time Warner or the mighty Microsoft. B2E. Fine/Near Fine.

Keywords: Internet Business Hype, Wolff New Media, Aol, Time Warner, Microsoft 0297842617

Price: GBP 8.00 = appr. US$ 11.42 Seller: Goldring Books
- Book number: 008122

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