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Stephan Paternot

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BUSINESS
September 8, 1997 | JONATHAN WEBER
Michael Egan made a mid-nine-figure fortune building Alamo Rent-A-Car into an industry powerhouse, and though he isn't much of a gear-head, his decades in the travel business convinced him that we haven't even begun to see the changes that will be wrought by information technologies. And so last month, Egan invested $20 million in WebGenesis/The Globe, a New York-based Web venture founded by two 23-year-old Cornell University graduates.
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BUSINESS
September 8, 1997 | JONATHAN WEBER
Michael Egan made a mid-nine-figure fortune building Alamo Rent-A-Car into an industry powerhouse, and though he isn't much of a gear-head, his decades in the travel business convinced him that we haven't even begun to see the changes that will be wrought by information technologies. And so last month, Egan invested $20 million in WebGenesis/The Globe, a New York-based Web venture founded by two 23-year-old Cornell University graduates.
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BUSINESS
January 28, 2000
AT&T Corp. plans to invest $250 million in its network and join companies including Sun Microsystems Inc. and Hewlett-Packard Co. to offer new services for businesses that rent software to others on the Internet. The program, called Ecosystem for ASPs, will use the network of AT&T, the largest U.S. long-distance telephone company, to provide faster, easier Web access and off-site data storage to companies, such as Intelligroup Inc., AT&T spokeswoman Janet Wyles said.
BUSINESS
November 14, 1998 | WALTER HAMILTON, TIMES STAFF WRITER
An Internet-related company's new stock offering Friday set a record for a first-day price gain, capping one of the wildest weeks ever for the red-hot Net stock sector. After being priced at $9 to initial buyers Thursday, shares of Theglobe.com Inc., an as-yet-unprofitable company that helps people set up World Wide Web pages, shot up 606% to end at $63.50 on Nasdaq on Friday. The surge eclipsed the previous initial public offering one-day price record set by fellow Internet firm Broadcast.
BUSINESS
February 7, 2000 | CHARLES PILLER, TIMES STAFF WRITER
Theglobe.com, a Web site built on the concept of an Internet "community" with online chat, games and personal home pages, burst into prominence Nov. 13, 1998. That day its stock scored the then-biggest opening-day gain in market history--a jaw-dropping 606%. Todd Krizelman and Stephan Paternot, college roommates at Cornell University when they founded Theglobe.com in 1995, immediately became Gen-X moguls for the Internet economy.
ENTERTAINMENT
May 15, 2001 | PATRICK GOLDSTEIN
I know it's early, but if I was making my Oscar picks for the first half of 2001, one guy (no, it wouldn't be Tom Green) already has a best actor slot reserved on the list: Kaleil Isaza Tuzman. The name doesn't ring a bell? That's because Isaza Tuzman, though as handsome as Ben Affleck and as charismatic as Ewan McGregor, isn't an actor. He's a 30-year-old investment banker turned dot-com impresario who provides the dramatic kick for "Startup.
NEWS
February 1, 2002 | CHRISTINE FREY, TIMES STAFF WRITER
Like a modern-day Dickens, Stephan Paternot witnessed the best and worst of times. A year after graduating from Cornell in 1996, the co-founder of Web site Theglobe.com was worth nearly $100 million. His company's stock set a Wall Street record when it jumped 606% in its first day of public trading. At 24, he became emblematic of the cocky boy geniuses using the World Wide Web to change the rules of business, media and life itself.
NEWS
August 22, 1999 | TED ANTHONY, ASSOCIATED PRESS
The Electronic Putting Challenge machine shaves strokes off your handicap for "just $1,495!" A cool $7,620 will get you a 1,500-pound bronze Tyrannosaurus rex--"sure to keep stray dogs at bay." And look what $2.2 million buys: Your own private Florida Key. It goes on, page after thick, shiny page--a catalog of conspicuous consumption, a diary of decadent doings. Profiles of Rockefellers and Cartiers and sultans. Articles on "Rees Jones: Golf Architect to the Millionaires."
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