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AccessMyLibrary    Browse    D    Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)    APR-01    New York-Based Web Firm Presses On While Other Internet Companies Collapse.

New York-Based Web Firm Presses On While Other Internet Companies Collapse.

Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

Publication Date: 16-APR-01
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COPYRIGHT 2001 Daily News

Byline: Rachel Scheier

Apr. 16--On the spring day two years ago Scott Kurnit took his start-up, The Mining Company, public and added a quick $50 million to his net worth, he stared out his 24th floor office window at two towers of steel and glass and thought about some other business execs who once thought they ruled the world.

There was Pan Am, whose logo atop what is now the Metropolitan Life Building once glowed like a beacon over Park Avenue. It was the airline that brought glamour and romance to travel, only to die broke a decade ago.

And the salmon-colored tower in midtown Manhattan that was known as the Wang Building when it housed Wang Laboratories, the tech giant that rivaled IBM before it was blindsided by the ascent of the PC, is now known simply as 780 Third Ave.

"They had to scratch their name off the granite," Kurnit said ruefully one recent afternoon. "I don't care how...

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