Not long ago, Stephan Paternot, former C.E.O. of the tremendous dot-com failure known as theglobe.com, decided he’d make a pretty great movie star and relocated to Los Angeles for a couple of months. Early one afternoon, on his way from his Beverly Hills sublet to the Warner Brothers studios, he took a deep breath and Read More
It’s 1999, and the Internet stock boom is flooding Silicon Alley, New York City’s “new media” zone, with crazy money. Suddenly, 24-year-olds like Stephan Paternot and Todd Krizelman are worth more than $50 million apiece on paper since their company, Theglobe.com Inc., went public in November. Twenty-seven-year-old Bo Peabody made a similar paper fortune when Read More
