E-COMMERCE by THE STAFF OF The Wall Street Journal

Author:THE STAFF OF The Wall Street Journal
Language: eng
Format: epub
Tags: Information Technology
Publisher: Simon & Schuster, Inc.
Published: 2001-08-22T16:00:00+00:00

Ms. Modahl: I think there are a couple of areas that are being affected. The first is the labor markets. There has been an environment of exodus from traditional companies to dot-coms. Headhunters no longer even talk about “the business” or “the business model” or “the dreams of the company.” Or anything. All they talk about is that [the job candidate could get] pre-IPO stock. That is very significantly attenuated. Pre-IPO stock is like mud now. You leave your good job, we will give you some potentially worthless stuff! And that has really changed the environment. You are starting to see dot-com rebound, particularly among traditional managers who may, for all the right reasons, do better in a more stable, larger-company environment. I mean, not everybody is cut from entrepreneurial cloth.

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