adj.
Of or relating to the demise of a dot-com company.
Example Citation:
"'More than 200 dot-coms have already gone sneakers-up,' said Roger McNamee, a general partner at venture capital firm Integral Capital Partners in January, 'and my guess is that it will be a small multiple of that this year.'"
David Olive, "Jargon: Modern Business Usage," The National Post, April 27, 2001
David Olive, "Jargon: Modern Business Usage," The National Post, April 27, 2001
Notes:
Sneakers-up is a play on the idiom belly-up, "of or relating to a failed or bankrupt company." Replacing "belly" with "sneakers" is a reference to the relative youth of the entreprenerds who launched many of the newly-dead dot-coms.
This phrase also affords me the opportunity to unload all the words and phrases related to the ongoing dot-com slaughter that I've gathered over the past few months:
dot bomb dot-carnage dot-com Darwinism dot-coma dot-commode dot-compost dotcom-uppance (or dotcomuppance) dot-dead dot-gone dot-goner Not comThanks to subscribers Julie Felner and Mark Worden for passing along a couple of these words.
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