Media Overview_Mary Meeker_Concpt Dev_08-Dec 04,2008
BDM 100 Digital Media Overview
Project #8 Pioneers of
Digital Media
December 04, 2007
Mary G. Meeker
Mary Meeker, a Wall Street
securities analyst and investment banker, at one point had been crowned “Queen
of the Net” by Barrons.
With such an entitlement it shows that her career unfolded and thrived
concurrently as did the World Wide Web. With degree’s in psychology and finance
in the eighties Mary Meeker worked for several reputable investment companies
covering some aspect of the internet and its web user’s activity.
After 1991 is where her
career started to take shape. She joined the team of Morgan Stanley Dean Witter
to cover personal computer and new media industries. She was an analyst for
Netscape and lead manager for their public offering in 1995. With extensive
detail statistics on current internet markets, new dot com startup businesses
and web user forecasting, she helped co-write The Internet Report with
co worker Chris Depuy which was a standout
trend analysis in the Internet/ E-commerce sectors. Some have noted that this book became the
bible for investors and CEO's alike. In 2000, Meeker was vilified
in the press as one of a number of star analysts who were questioned in fraud
investigations after the bursting of the dot com bubble. Meeker was not charged
with any wrongdoing.
I chose Mary Meeker because
of her contributions to Digital Media, the Internet, investments and securities.
I was engaged on how accurate many of her predications and forecasting’s had
come to light for many of the companies who have changed the world of the
internet forever, big names like, Netscape, Yahoo, AOL, Amazon.com eBay, and
more recently Google. How did she end up
with these predications on growing trends, you might ask? To pick a great home
in real estate is all about the “location, location, location.” In investments
and securities its all about “research, research, research.” Mary Meeker has
been an industry leader for internet investing for more than a decade because
of her research tactics. For example after she co-wrote the Internet Report,
she flew down to San Fransciso and Silicon Valley and spent extensive time with
dot com entrepreneurs as well as Netscapes, Marc Andreesen, documenting trends,
likes, dislikes, what’s working on the web and what’s not.
She is a trusted source for
investor’s CEO’s and current Internet companies as well as start-up’s. This
year, October she gave her bullet 15 minute presentation Web 2.0 summit in San Francisco.
Mary Meeker quote:
“When making investment decisions, remember Meeker's
mantra: with Internet stocks, there will be only a few huge winners and
hundreds of losers. But the wealth created by the winners can more than make up
for the mistakes. She calls this theory the "Wal-Marting of the Web."