Iq News: Insider - Prophet For Profit

Last month, at a typically cerebral, Harvard-sponsored Internet conference, David Ellington of San Francisco-based NetNoir stood out as one of the few executives from the for-profit side of the Internet. “When I was in college I was a Marxist,” Ellington, the president and chief executive officer of the community Web site targeted toward blacks, told the digerati during a panel. “Then my mother stopped paying the bills. I became a capitalist.”
The birth of NetNoir dates back to the early ’90s and was the result of a mutually beneficial relationship.