Can't program a computer? Not techno savvy? Not a problem. If you've got a hot Internet business idea, Silicon Valley's astonishing start-up machine will do the rest

There was something oddly charming about the geeks who made up the first wave of Internet entrepreneurs. Social misfits pounding out code in their computer-science labs--these people deserved professional success. But after the Wright Brothers, you get Frank Lorenzo. And so this summer Silicon Valley was flooded by the Second Wave: fast-talking business-school grads whose interest in technology is limited to how it will make them money. This is Silicon Valley in the IPO age. Geeks are history; they're all capitalists now. Netscape founder Marc Andreesen stars in a Miller Lite ad.

For every screenplay in L.A., there's a business plan...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!