hbs 10th year reunion: section j, reflections and predictions
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HBS 10th Year ReunionSection J Dinner:
Reflections and Predictions May 29th, 2009
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1Weekly Updates: Date
*See next page for procedural guidance
2Looking Back: Reflections on a Decade
31999
The Greatest Section in HBS History graduates from HBS -
- Section J!
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41999Internet Startups raise $24 billion dollarsAny MBA with a dot com plan can get VC!Pets.com goes public, but liquidates 9 months later!The Internet becomes the hottest thing since Dutch Tulips
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51999DJ reaches 11K+!!!The Bear diesThe Stock Market reaches a level of optimism that infects the HBS Class of 1999
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61999
Columbine High School Massacre occurs when 2 students go on a rampage and kill 13 peopleSadly, this trend continuesParents awake to the harsh reality that their children arent safe anywhere even in school
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71999
Vladimir Putin becomes acting President of Russia and Prime Minister with the resignation of Boris YeltsinPutin ushers in a period of unprecedented growth for Russia and increasing tension with the West
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82000
History will judge his presidencyThe Bush Administration begins and continues for the next eight years
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92000
Reality TV becomes mainstream and the end of civilization begins
Nine years later Donald Trump files to trademark Youre Fired!
Its clear the END is Near!
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102000The world doesnt end, but Microsoft sells a sh*tload of softwareY2K?
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112000Despite prayers, the Messiah doesnt arrive either
Optimism springs anew as we enter the 21st Century
NASDAQ hits 4K!
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122001
Terrorist group, Al Queda, attacks the Twin Towers on 9/11 U.S. foreign policy is never the same againThe U.S.A. is attacked on its soil for the first time since Pearl Harbor
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2001
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142001
Dot com bubble bursts as majority of Internet companies are proven to be built on Jell-oNASDAQ slides to 1.4KMarket implodes
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2001
Largest bankruptcy at the time in U.S. historylater to be outdone!Enron declares bankruptcy and Arthur Andersen is not far behind
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162002Ushers in the Sarbanes-Oxley and CEO/CFO personal liability for financial statementsArthur Andersen found guilty and ceases to exist
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172002Building blocks of life discovered on Mars
Can E.T. be far behind?
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182003
99% of Human Genome sequenced to 99.99% accuracyHuman Genome Project completed
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192003
U.S. and its allies invade Iraq and declare victory less than 2 months laterDesert Storm II: Invasion of Iraq
Depends on what your definition of is is?
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202003
Arnie becomes governor of Kalifornia!An actor becomes governor of the 8th largest economy in the world in a recall election
Unfortunately, he isnt available for T-3 so the movie basically sucks!
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212004Google goes public @ $85.00/share proving once and for all that the auction is the best IPO mechanism
NOT!
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222004
Bush enters his second term after reaching 90% approval rating in this first term the highest ever reached by a re-elected presidentBush 2.0
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232005
Web Grows Up!
WEB 2.0WEB 1.0WEB 2.0
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Social media!!Web 2.02005
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2006
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262007
China passes the U.S. in total Internet usersShanghai becomes the largest stock market in the world by volumeU.S. dominance begins to wane
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272008
For the first time in its nations history, the U.S. President is not a Caucasian maleBarack Obama inherits one of the worst economic situations facing the U.S.A. since the Great Depression
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2008
China demonstrates its emergence as a world power by staging one of the most watched performances in human historyOver 4 billion people watch the opening ceremonies of the Beijing Olympics
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292008
World markets drop in one of the largest single drops in historyBarely dodge financial armageddonFinancial markets on the verge of near-collapse
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302008
Major U.S. investment banks partially nationalized Merrill Lynch, Bear Stearns, Lehman Brothers, Wachovia, WaMu cease existenceFinancial institutions in the U.S. rocked to their core
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312008Bilks investors out of $50 billion in a classic Ponzi schemeBernie Madoff commits the largest financial fraud in history
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322009
U.S. becomes the piggybank for the worldU.S. government nationalizes major industries including Wall Street and the auto industry
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33Looking Forward: Predictions
34Lifetime Predictions?100% Renewable EnergyCloning of SelfDigitization of MemoriesEsperanto or no Lost in Translation$0 Cost of Data TransmissionNear Zero PrivacyIntelligence = Commodity; Wisdom = Priceless
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- Yogi BerraIts tough to make predictions, especially about the future.Predictions?
36Whats Next?
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