The name of one of the first Internet-oriented networking groups in Silicon Alley, founded circa 1995. Its mission was to bring together anyone and everyone involved in the industry, in order to further the business climate as a whole. It was a popular event every Thursday night, where Web pioneers, indie developers, dot-commers, and other ambitious individuals knocked back a few cold ones and talked about this "new thing" called the Web. (There was a funny joke among the female crowd, who appreciated the fact that in this scene, guys weren't just interested in "going to bed with you"; rather, they wanted to "go into business with you.") The cybersuds parties lasted many years and spawned several knock-offs in other new economy hotspots.
NetLingo Classification: Online Business
Subscribe to Word & Acronym of the Day - Email this Definition to a Friend