Bill Gross, Online Idea Factory

He has created 20 cyber-startups. One even makes money

Bill Gross wants to start an Internet record label. It's only the germ of an idea, and he's not quite sure how to go about it. But the 39-year-old Californian is convinced there's money to be made by signing up artists, paying them huge royalties, and selling their songs as files that can be downloaded over the Internet--cutting out the traditional record companies and distributors.

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