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Inside The Cult Of Kibu: And Other Tales Of The Millennial Gold Rush
 
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Inside The Cult Of Kibu: And Other Tales Of The Millennial Gold Rush [Hardcover]

Lori Gottlieb , Jesse Jacobs
2.7 out of 5 stars  See all reviews (13 customer reviews)

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Product Description

From Publishers Weekly

Scads of disgruntled ex-employees have written thousands of pages on what it was like to work for a fly-by-night dot-com and how quickly it all ended. Despite the barrage of Internet reminiscences, Lori Gottlieb and Jesse Jacobs have penned their own version of life at the now-defunct online community Kibu.com, Inside the Cult of Kibu: And Other Tales of the Millennial Gold Rush. Dividing their book into 10 chapters entitled, "The Idea," "The Money," "The Culture," "The Parties," "The Lingo," "The Spin," "The Mismanagement," "The IPO," "The Layoffs," and "The Hereafter," Gottlieb and Jacobs intersperse their own experiences at Kibu with comments from nearly 100 players in the dot-com game. Kurt Andersen talks about the friction between the "New Media People" and the "Old Media People," Andrew Anker tells of Wired's dress code and Josh Keller explains how he handled laying off employees at the software company Ububu. Altogether, it makes for an amusing, if familiar, snapshot of a bygone era.
Copyright 2002 Reed Business Information, Inc.

Book Description

Yes, it really happened. Thousands of bright and creative people were lured by the promise of incredible freedom--and even more incredible wealth--into an alternative universe of "all hands" pep rallies, afternoon sushi runs, and Foosball tournaments cum strategy sessions. From the open-floor offices (complete with scooter stations) to the mysterious lairs of the all-powerful venture capitalists to the lavish launch parties, Inside the Cult of Kibu offers a backstage pass to America's capitalist culture at its wackiest. Drawing from dozens of interviews culled from the front lines, Lori Gottlieb and Jesse Jacobs present a rich tapestry of anecdotes and insights, revealing a world of extremes, from euphoria to disillusionment. Framed by a narrative structure that mimics the typical rise and fall of a dot.com, Inside the Cult of Kibu showcases the stories of the programmers and receptionists, Hollywood moguls, twenty-something CEO's, and everyone in between who experienced the virtual-reality show firsthand. Industry veterans themselves, Gottlieb and Jacobs present an irreverent and penetrating account of a business and cultural phenomenon that is now imprinted--for better or worse--on our collective psyche.From Inside the Cult of Kibu:We had moved into our industrial space in West 26th Street in New York, and there were lots of technology and internet companies suddenly crowded into this wonderfully exciting, multicultural building filled with all kinds of people--old little businesses and new dotcoms. One day, there was a banker from one of the big six Wall Street entities, literally walking the hallway, cold-calling, knocking on doors, and, basically offering funding. At that moment, I said to myself, "Man, oh man, this is crazy." That was the moment that I noted in mind as "OK, this is some high watermark of gold-rush madness."

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Customer Reviews

13 Reviews
5 star:
 (4)
4 star:    (0)
3 star:
 (3)
2 star:    (0)
1 star:
 (6)
 
 
 
 
 
Average Customer Review
2.7 out of 5 stars (13 customer reviews)
 
 
 
 
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1.0 out of 5 stars Thin, Poorly Assembled, Unentertaining to Read, April 27 2004
By A Customer
If there is a compelling story in the "millennial gold rush," these authors haven't found it. Lori's story about her experiences at Kibu is thin, so she and Jesse Jacobs have bolstered it with lots of interviews with other dot-com veterans about such topics as "the parties" or "the lingo." None of it is well-organized, the players are hard to keep track of, and it's very hard in general to care about these greedy, self-centered people.

Lori leaves medical school for a job at Kibu because, as she freely admits, she's hoping to make millions off company stock. That's the motivation of virtually everyone in the book -- though a few occasionally profess some passion for the work, everybody's generally interested in looking important, going to swanky parties, and quickly getting rich. The interviews with various other dot-commers seem to be transcribed without editing -- they're full of "and then I was like...and then she was like" - type language that's annoying and sometimes impenetrable. The choppy assembly of the interviews doesn't cohere well as a whole, and some of what's presented is contradictory (one person will swear funding for Internet startups was ridiculously easy to come by, then another will say that is just a myth). The authors were apparently unable to get any really successful (read: really interesting) Internet veterans to contribute to the book. Though she is sometimes self-deprecating, Lori herself comes off as trying too hard to be hip, and the fact that she got fired before the company folded makes a reader wonder if she's just bitter, and that's the source of some of the unflattering portrayals of everyone else she worked with.

This book was written in only five months, and the haste shows. There are some amusing anecdotes here and there, but as a whole it's a real waste of time.

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1.0 out of 5 stars Uninformative and Unimaginative, Oct 27 2003
By A Customer
This review is from: Inside The Cult Of Kibu: And Other Tales Of The Millennial Gold Rush (Hardcover)
The Cult of Kibu is a slow painful read about the bygone times of the internet craze. The authors go through a pianfully boring and unfunny recollection of a world that is clearly something they are not familiar with. Having experienced the rush and been part of an internet company I would recommend "Starving to Death on 200 million" - it is a much more accurate and entertaining account of this time period....
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3.0 out of 5 stars Entertaining but pretentious, Aug 25 2003
By 
Zizzed (Portland, OR United States) - See all my reviews
This review is from: Inside The Cult Of Kibu: And Other Tales Of The Millennial Gold Rush (Hardcover)
... The book is mostly just a collection of anecdotes from dot.com dweebs. Some are very funny and insightful.

However, most of the book is basically the same pretentious self-important name-dropping and glad-handing that that defined the whole dot.com era. Many of the anecdotes are pretentious "remember whens" from people with weapons-grade arrogance. Its funny to listen to self-important 30-somethings bash self-important 20-somethings, as if the 30-somethings, because they worked at Wendy's after college, somehow have this deep well of wisdom the 20-somethings don't. In the land of the blind, the one-eyed man will be king.

I also became a bit tired of reading sob stories from individuals who obviously live lives of extreme privilege bemoan the burden of managing morons and chaos. When I hear these well-to-do ex-dot.commers whine about mismanagement and stupidity its hard to have any sympathy for them. They never had to really suffer or work; they just rode the wave and didn't win.

Okay, I am being a bit harsh. And my reaction is really why I gave this book 3 starts. As pretentious, preening, and self-important as this book is - it does a pretty good job of capturing exactly why the dot.com era was such a joke.

This isn't a bad book, or a great book. It's interesting, its a quick read, and its got some good points. Just be prepared to wade through the pretentious BS.

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