More Gross Tales

Gregory Alan Bolcer (
Wed, 09 Jun 1999 09:33:53 -0700

Bill Gross, what a lucky bastard. I'm telling you
we need a quick commercial success around here to generate
some incubator capital so we can all sit around all day and
recruit USC, UCLA, and UCI MBAs to go try and make them work.


Firm hatches ideas for Net start-ups

By Janet Kornblum, USA TODAY

PASADENA, Calif. -- Idealab founder Bill Gross looks
through the glass walls
of his office in the middle of an industrial-chic
complex and eyes the cluster of
twentysomethings bent over computers and phones. This is
The Spot. The
Center. The Hot Zone. The place where new life begins.

While there are thousands of venture
capital firms, corporations and
individual investors funding start-ups,
privately held Idealab is one of the
Internet's most unusual companies to
date. It's a 25-employee idea factory
with the sole mission of creating,
developing and eventually spinning off
Net ventures. Think eToys, Free-PC,, CitySearch.