dot snot

dot snot
n.
A young person with an arrogant and self-important manner because he or she has become rich by creating a dot com company.
Example Citation:
"Why do I sense a technology slippage in this arena? Probably because Silicon Valley has become obsessed with dot-com operations that focus on business models instead of technology. The results of that obsession are a lot of interesting ideas and a lot of excessively rich kids — referred to locally as 'dot snots' — who wander around town as if they own the place. Meanwhile, process engineering, the true basis for our wealth, goes to Taiwan."
— John C. Dvorak, "Inside Track," PC Magazine, May 9, 2000
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New words. 2013.

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