Internet money ripens prices at wine auction
Internet investor Dan Lynch of Los Altos Hills, a wine auction veteran and this year's fifth-largest spender, said big bidders this year had to greatly increase what they had expected to pay. ``People's mindset was `I'll go half a million,' '' he said. That was a ``serious change. None of this $30,000, $40,000, $50,000 stuff.'' ... And entrepreneur Paul Mockapetris, creator of the Internet domain name system, paid $65,000 for a two-night Tuscan-style adventure donated by La Famiglia di Robert Mondavi winery.

Twenty years ago I worked with these guys at ISI. Every Friday night we had the W.O.W. (Wine of the Week), where we sat around drinking $4 wine from the Boys Market. Both these guys were there often. My how times have changed.

(Thanks to Billy for this one.)