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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: Larry Holmes who wrote (510)11/17/1996 3:46:00 PM
From: Darlene Liebrock   of 12823
 
To all of you who were interested in the recent postings on this thread about how ideas become technology and eventually become a revenue making business (and, my complaint about the length of time involved), get the latest issue of Wired Magazine. (December, 1996)

There is an article in it by Neal Stephenson titled "Mother Earth Motherboard."

It begins, "Information moves, or we move to it. Moving to it has rarely been popular ...we demand that the information come to us...This article is about what will, for a short time anyway, be the biggest and the best wire ever made."

The article in an in-depth study of the process behind FLAG - the Fiberoptic Link Around the Globe and just about everything that has gone before, is happening now and may happen in the future surrounding the project.

Given my obsession with understanding the tortuous "idea to business" journey, what caught my eye and really got me to read the entire thing (a fairly long article), was an early paragraph that goes as follows:

"Everything that has occurred in Silicon Valley in the last couple of decades also occurred in the 1850's. Anyone who thinks that the wild-ass venture capitalism is a late-20th century California phenomenon needs to read about the maniacs that built the first transatlantic cable projects. The only things that have changed since then are that the stakes have gotten smaller, the process more bureaucratized, and the personalities less interesting."

And, then there is a couple of sentences at the end:

"...there will always be a niche for people who have gone out and traveled the world and learned a thing or two about its ways."

Anyway, I think it is a good read.
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