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Dot-Coms Luring Seasoned Pros

Experience Counts

According to Dan McGinn's December 5, 1999 Newsweek article, as the dot-com companies of twenty-something Web zillionaires mature, "...those kiddies need adult supervision." He quoted Jason Chervokas, an AtNewYork.com editor: "If a venture capitalist is sinking in $50 million, he wants an experienced guy watching his money.”

Of course, Mr. McGinn is a tad cynical in his assessment of Web twenty-somethings. It's wise for any company to hire a few twenty-somethings to spice up the brew in the think tank. As any baby boomer will likely agree, there's absolutely nothing wrong with being twenty-something and embarking on an exciting, new career. The fast-paced environment certainly makes Internet jobs exciting.

But the reality is, dot-com in a company's name is beginning to mean far too many inexperienced twenty-somethings running the show. Web audiences are tiring of the inefficiencies and mistakes that go along with inexperience in such a fast-paced environment. More importantly, it's baby boomers who have the most disposal income. Bingo!

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