Local Anathema? *gasps and walks thru downtown San Jose mumbling where pk* n/t:

[ Follow Ups ] [ Post Followup ] [ Dioxide's CForum ]

Posted by Malumcunael on October 3, 2000 at 01:43:32:

In Reply to: Since they have a web version.... posted by Proud Anathema, Local Boy(VIP) on October 3, 2000 at 01:20:49:

> Published Monday, October 2, 2000, in the San Jose Mercury News

> Teens tackle cyber world from comfort of living room

> You know that new Alliance for Childhood
> report that says computers might do kids more
> harm than good?

> Robert Chin and Chris Kung haven't read it.
> The Los Altos High School students have been too busy. Yes, there's
> schoolwork and track and Scouting.

> And there's their year-old start-up, a company that hosts
> game-related Web sites.

> ``We just started making a profit,'' said Robert, 17.

> That puts GameShadow Networks ahead of most of the dot-com
> sector.

> No, it's not a huge profit, and it's not a huge operation. World
> headquarters is Robert's living room. Three glowing monitors, a
> laptop, CPUs stashed under a desk.

> ``I call this the radiation center,'' said Chris, 16.

> The guts of the operation are down below. The server storing
> GameShadow Web pages sits in a small basement back room --
> gives a whole new meaning to ``storage room.''

> This is serious business, which is clear when you talk to Robert and
> Chris. The two run down their business model: They host game
> enthusiasts' Web sites for free. The sites offer tips, downloads that
> enhance existing games and tools for Web site builders. Then, they
> sell space on those sites to advertisers who want to pitch products to
> the computer game-playing demographic.

> It's the way it works around here. If you're going to retire at 30, you
> need to get cracking. Computers are just a tool, a tool to build a
> career and maybe a fortune.

> Robert, wearing a ``Will Work for Bandwidth'' T-shirt, sounds like
> the seasoned Silicon Valley CEO. He explains that GameShadow
> strives to provide Web developers support that competing sites don't.
> He says its secret sauce is the chat rooms where those building Web
> sites can trade ideas, frustrations and dreams.

> ``We try to build a community between the people we host,'' he said,
> ``because we figure if you're part of the community, you don't want to
> leave.''

> He takes questions about going public seriously, not that he has any
> such plans. GameShadow is making money, he said, and as long as
> you're making money, ``it's nice to have it privately owned so you
> keep control.''

> Robert and Chris were shrewd enough to persuade a veteran venture
> capitalist to lend them start-up money. OK, the venture capitalist was
> Robert's dad.

> ``He said, `Why don't you write a business plan?' '' Robert recalled.
> ``My dad's a pretty thorough guy.''

> The loan from Robert's parents, along with the $5,000 their son
> invested from gains in the stock market, was enough to buy the
> server, with change left over. Already, Robert the younger knows
> timing is everything.

> ``I actually got him to say yes when we were on vacation,'' he said of
> closing the deal during a 1999 spring break trip to Europe.

> All that summer, Robert and Chris wrote code and built the site. They
> launched in August 1999.

> ``We didn't want to start while school was in,'' Robert said, ``because
> we knew we had finals and stuff.''

> Now they host about 20 main sites. They can run the business by
> working a few hours here and there. It gives them the time to pursue
> other interests, like Robert's summer job writing software for a
> wireless networking company and Chris's summer advance placement
> classes.
> Next year, it's college. (Chris is thinking Stanford, UC-Berkeley. Robert is considering the University of Illinois, MIT, Carnegie-Mellon.) The boys are confident they can keep the company running when they head to college next year.

> And sitting in the radiation center, it's not hard to believe they can.

> Contact Mike Cassidy at mcassidy@sjmercury.com or (408)920-5536.


Follow Ups:

Post a Followup

Name:
E-mail:
Subject:
Comments:


[ Follow Ups ] [ Post Followup ] [ Dioxide's CForum ]