Definitions by Orestes

dotcon 

An "entrepreneur" - and I use the word rather lightly - in the information technology sector who has a product, idea or web portal of dubious worth who does an ipo where he suckers in millions from investors who border on the clueless, pays himself handsomely with salary and bonuses, and skips out of jurisdiction to a place like the Cayman Islands before his company fails, without ever having produced a viable product.

My aunt told me I should be more like my cousin Rodney, who made millions by selling shares in a now defunct web portal company.

"I'm not a dotcon," I replied caustically. "The products I'm developing will still be around helping people in a 100 years, not disappearing forever in 100 days."

dotcon by Orestes May 21, 2004