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The Dot-Com Dreamers: Students leave Harvard for new technology firms

"We have a little putting green in the office, we have a Nerf basketball hoop, we have a lot of beer," he says.

Most rewarding, he says, is that visitors to TheSpark.com have taken a keen interest in the site.

"We've gotten marriage proposals," Yagan says.

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Clearly, someone cares. Although the rest of Yagan's office might not care what he is wearing, he adds that visitors pay close attention to the Web cams offered on the site.

"They'll say things like, 'Oh, Sam, you need to shave,' or 'You wore that shirt last Tuesday,'" he says.

Where Is Everybody?

Working for an Internet start-up sounds like it should be a win-win situation. Succeed, and rake in cash at a steady job; fail, and at least gain experience while having fun. So why don't more Harvard students take the plunge?

The uncertainty is a major factor. The majority of new high-tech companies haven't ever seen a profit. If Amazon.com hasn't done it, imagine the risk in a dorm-room venture. By contrast, an investment bank or a consulting firm can offer a steady cash flow to virtually any Harvard graduate.

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