mary-meeker

I'm writing this post from 30,000 feet, and you're not

Owen Thomas · 09/18/08 05:00PM

I like to think I'm resistant to neophilia, the fetishistic embrace of new technology endemic to Silicon Valley. And yet I felt a rush when I logged on to Gogo's inflight Wi-Fi service on the American Airlines flight I'm currently taking from San Francisco to New York. The airliner's cabin has long been the last online frontier, a disturbing pocket of disconnectivity. My colleague Jackson West urged me to test the service, to review it for my readers. But I find myself more preoccupied with human needs than speeds and feeds. More than anyone, I worry about the likes of Mary Meeker.I can hear the 20somethings in the audience scratching their heads: "Who's Mary Meeker?" Back in the '90s, investment banks' Internet analysts were superstars, viewed as oracles and rainmakers. In 1999, Meeker, Morgan Stanley's lead Internet analyst, got a profile in the New Yorker. The text is not online, but I distinctly remember how it chronicled Meeker's nonstop activity. The only time she was still was when she boarded an airplane, closed her eyes, and slept through the flight. Could she have stayed awake, had she known she could achieve download speeds of 989 kilobits per second, with a latency of 108 milliseconds, for the low, low price of $12.95 a flight? Inflight connections, currently on a handful of flights, will rapidly go from novelty to necessity. Bosses will expect workers to log on nonstop; why shouldn't they? Even on leisure trips, compulsive connectors will go online out of sheer habit. I recently remarked to a friend, "Planes are for sleeping." That's before I got onto Gogo. Alas, poor Mary; even soaring above the clouds, there will be no rest for the weary.

Mary Meeker makes a math mistake

Owen Thomas · 08/23/07 11:48AM

Morgan Stanley Internet analyst Mary Meeker has been caught in an embarrassingly basic math mistake — by Silicon Alley Insider's Henry Blodget, a former analyst (who, to be fair, made some mistakes of his own in the last boom). Meeker's estimate of the impact of YouTube's new "overlay" ads? She says they could boost Google's gross revenues by $4.8 billion next year. But her math, Blodget discovered, was off by a factor of a thousand. The error apparently stemmed from forgetting the meaning of CPM, or "cost per thousand," a commonly used term in advertising rate cards. Given Meeker's assumptions, the actual impact of YouTube's ads? A mere $4.8 million in gross revenue, and $720,000 in net revenue. In other words, a drop in the bucket, and nothing that comes close to justifying YouTube's $1.65 billion purchase price.

Mary Meeker cleared

Gawker · 04/02/03 01:19PM

Morgan Stanley Internet analyst Mary Meeker has been cleared of, well, being an Internet analyst during the boom. The bankers, Eliot! The bankers! Focus on the bankers! Not the analysts. The analysts are pawns, Eliot. Whores for The Fucking Man! [Sorry. Feeling a little David Mamet today.]
Morgan's Meeker not to be charged [Reuters]