[00:00.00]Ride the Internet Wave

[00:04.41]“As a practical matter he had no past only a future.

[00:09.77]That’s when he really came alive

[00:12.19]when you got him on the subject

[00:13.94]of what was going to happen next.”

[00:15.79]So writes Michael Lewis of Jim Clark in his new bestseller

[00:20.93]The New New Thing about the people

[00:23.24]in the place of the future Silicon Valley.

[00:25.74]The new new thing—it’s the thing to do these days:

[00:30.00]come up with an idea，start an Internet company

[00:33.74]and get filthy rich.

[00:35.26]Even though Yale University junior Joshua Newman

[00:39.40]doesn’t quite have Clark’s billions,

[00:41.82]Lewis could have been writing about Newman.

[00:44.02]This Internet wonder kid

[00:46.30]has already launched two start-ups and he,

[00:49.06]like Clark, comes alive when you get him talking

[00:52.10]about the possibilities of the future.

[00:53.97]Newman grew up in Palo Alto C.A.,

[00:57.68]the Internet Mecca of the world,

[00:59.86]but he entered Yale with no business experience

[01:02.83]and certainly no intention

[01:04.69]of someday starting his own company.

[01:06.76]“If you told my parents

[01:08.74]then that I’d be doing something like this,”

[01:10.69]Newman says,

[01:11.68]“there would have been mild shock and incredulity.”

[01:14.65]It was during his freshman year at Yale

[01:17.25]that Newman met David Fischer,

[01:19.46]then a junior and the two of them began playing around

[01:23.17]with the idea of starting their own business.

[01:25.03]Newman’s first start up with Fischer was Sharkbyte,

[01:28.96]an Internet strategy and consulting site

[01:31.80]that was recently acquired by Quantrum International.

[01:34.77]While others hit Wall Street

[01:36.94]or Capitol Hill for fancy summer internships Newman

[01:40.98]devoted his past two summers to working feverishly

[01:44.39]to hit the Internet jackpot-

[01:45.82]and he plans to spend this upcoming summer

[01:49.20]launching his newest company Paradigm Blue,

[01:52.36]a venture capital site dealing with student-driven projects.

[01:55.77]During the school year Newman

[01:57.95]has the typical college student’s challenge

[02:00.47]of juggling school and play.

[02:02.65]But in Newman’s case play is running his company,

[02:06.05]meeting prospective clients

[02:08.34]and driving to New York City several times a week.

[02:10.98]How many hours a week during the school year

[02:13.48]does Newman devote to his non-academic work?

[02:16.86]Newman doesn’t keep count-

[02:19.39]he’s too afraid of the figure that he’d come up with.

[02:21.67]During the summer months Newman did extensive traveling,

[02:24.86]meeting with potential clients all over the country.

[02:28.23]He has employed several college students in his company.

[02:31.84]The summer has become a popular time

[02:34.70]for students to get their feet wet in the business

[02:37.42]and Newman has taken advantage of that.

[02:40.06]For now, Newman is focused on launching Paradigm Blue.

[02:44.21]His goal is for the site to raise $10 million by May 1st

[02:48.91]at which time he and his partners

[02:51.33]will close the fund and start their fun.

[02:53.61]What comes next who knows?

[02:56.14]But that’s what’s so fun about the new new thing.