New Economy watchers take note. Alternative energy is next. New Economy watchers take note. Alternative energy is next. There is a breakthrough, technological or conceptual.
Venture capitalists get excited and reach into their wallets.
The buzz makes the rounds and the market takes off. There is even a phrase for the inspiration that gets the cycle started. It is the new new thing, a term coined by Jim Clark, the founder of Silicon Graphics, Netscape and Healtheon. And though dot-com companies may come and go, the Internet and more broadly the New Economy are here to stay. They were and remain a new new thing, although a badly overexposed one at this point.