BUSINESSWEEK ONLINE : SEPTEMBER 27, 1999 ISSUE
COVER STORY -- E.BIZ -- THE E.BIZ 25

Who's Lagging in the Net Age


Although they are the largest minority groups in the country, blacks and Hispanics have lagged in Net access and tech management. That has hurt their ability to break into the top tier of e-business.
 PERCENTAGE OF U.S.HOUSEHOLDS*
WHITES 85%
AFRICAN AMERICANS 12
HISPANIC AMERICANS 8
ASIAN AMERICANS 3
*DOES NOT ADD UP TO 100% BECAUSE OF DOUBLE COUNTING.
DATA: U.S. CENSUS
  PERCENTAGE OF ONLINE POPULATION, 1999
WHITES 78.7%
AFRICAN AMERICANS 7.5
HISPANIC AMERICANS 7.8
ASIAN AMERICANS 5.2
DATA: FORRESTER RESEARCH INC.
  PERCENTAGE OF MANAGERS IN SILICON VALLEY HIGH-TECH INDUSTRY
AFRICAN AMERICANS 2.4%
HISPANIC AMERICANS 3.3
DATA: COALITION FOR FAIR EMPLOYMENT IN SILICON VALLEY


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TABLE: Who's Lagging in the Net Age


[empire builders]
Jeffrey P. Bezos
AMAZON.COM INC.

Stephen M. Case
AMERICA ONLINE INC.

Timothy A. Koogle
YAHOO! INC.

[the innovators]
Louis H. Borders
WEBVAN GROUP INC.

Jay S. Walker
PRICELINE.COM

Margaret C. Whitman
EBAY INC.

Glen Meakem
FREE MARKETS ONLINE INC.

James H. Clark
MYCFO INC.

Christos M. Cotsakos
E*TRADE GROUP INC.

[bankrollers]
Masayoshi Son
SOFTBANK CORP., JAPAN

Robert C. Kagle
BENCHMARK CAPITAL

Lawton W. Fitt
GOLDMAN SACHS & CO.

L. John Doerr
KLEINER PERKINS CAUFIELD & BYERS  

Bernard Arnault
LVMH MOET HENNESSY
LOUIS VUITTON  

[the visionaries]
Mary G. Meeker
MORGAN STANLEY DEAN WITTER

John Hagel III
MCKINSEY & CO.

William Joy
SUN MICROSYSTEMS

[the architects]
Louis V. Gerstner Jr.
IBM CORP.

Pehong Chen
BROADVISION INC.

David C. Peterschmidt
INKTOMI INC.

Kevin J. O'Connor
DOUBLECLICK

Ellen M. Hancock
EXODUS COMMUNICATIONS

[the pace setters]
David S. Pottruck
CHARLES SCHWAB CORP.

John T. Chambers
CISCO SYSTEMS

Michael S. Dell
DELL COMPUTER



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