Nor is there much appetite in the U.S. for Chinese stocks after a string of flameouts and duds (though others are thriving).

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This is not Webvan or Kozmo.com, two dot-com era grocery delivery flameouts.

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Flameouts such as boo.com, Pets.com, Etoys and Cyberian Outpost made selling stuff on the web look deceptively simple at first, then brutally inefficient.

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Three separate times, he surrendered to the depths of the independent leagues, the final destination where flameouts come with one last prayer, and dreams come to die.

WSJ: At Last, a Big-Leaguer

These early career flameouts are reflected through the corporate ladder.

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Not only could you trust a hustler with a few flameouts to understand the emerging contours of the post-Internet industrial landscape, you could trust him (and it is still mostly him) to have developed a set of good relationships for hiring and business development.

FORBES: Entrepreneurs are the New Labor: Part II