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read this excerpt from \why no policeman on the block?\ already, young …

Question

read this excerpt from \why no policeman on the block?\

already, young computer nerds who have attempted to fill this curious vacuum by writing simple directories for the internet have amassed fabulous fortunes overnight when their companies went public. netscapes co - founder jim clarks fortune ballooned to an astonishing half billion dollars the day the company went public. (clark reached billionaire status only eighteen months after starting his company; it took bill gates, co - founder of microsoft, twelve years.)

which is the most accurate summary of kakus argument?

  • young people interested in pursuing internet - related careers are likely to accomplish financial success.
  • the rapid success of netscapes launch is proof that there is a demand for internet directories.
  • internet commerce moguls, such as jim clark, will generate billions of dollars in profits for their companies.
  • innovative individuals, such as jim clark, will greatly assist the future of internet efficiency.

Explanation:

Brief Explanations

To determine the most accurate summary, analyze each option:

  • The first option: The excerpt states young computer nerds (interested in Internet - related work) who wrote directories for the Internet amassed fortunes when their companies went public. This aligns with the idea that young people in Internet - related careers are likely to achieve financial success.
  • The second option: The excerpt focuses on the financial success of those in Internet - related careers, not on proving demand for Internet directories through Netscape's launch. Netscape's success is an example of financial success, not proof of demand.
  • The third option: The excerpt is about the financial success of the individuals (like Jim Clark) when their companies went public, not about generating billions for their companies. Also, it's not just about Internet commerce moguls but young computer nerds in general.
  • The fourth option: The excerpt is about financial success, not about assisting Internet efficiency.

Answer:

Young people interested in pursuing Internet - related careers are likely to accomplish financial success.