>>HJ, the only people making money through selling stuff over the internet are the porn sites. <<
Kis, that's not true. There are ton's of investors making $money buying and selling Internet stocks over the Internet. As an example how about you and me?
Your just pissed off because you haven't thrown your $millions @ this Internet mania,and you've stayed a millionaire, while us "follow the Internet trend" $millionaires, have become $billionaires.
If you want to become a $billionaire before time runs out? Here's your last chance, before actually working for it again.
Who of the following Kleiner children, coming out to the public in the next month could make you a $billionaire?
(1)
SAN JOSE, Calif.--(BUSINESS WIRE)--July 15, 1999--Calico Commerce, Inc., a leading provider of advanced eCommerce software and services, today announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of shares of its common stock. All shares are being sold by the company.
The managing underwriters of the offering are Goldman, Sachs & Co., Merrill Lynch & Co. and Hambrecht & Quist. Copies of the preliminary prospectus may be obtained when available from Goldman, Sachs & Co., 85 Broad Street, New York, NY, 10004, 212/902-1171. The company has applied to have its common stock listed for quotation on the Nasdaq National Market under the symbol "CLIC."
A registration statement on Form S-1 relating to the Common Stock has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may any offers to buy be accepted prior to the time the registration statement becomes effective.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the Common Stock, nor shall there be any sale of the Common Stock in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification of the Common Stock under the securities laws of any such state or jurisdiction.
Calico Commerce, Inc., headquartered in San Jose, Calif. and with offices throughout the United States and Europe, is a leading provider of advanced eCommerce software and services. The Calico eSales Suite enables the interactive buying and selling of complex products and services over the Internet and other platforms. Our products enable companies to create a guided selling experience that allows their customers to interactively affect the on-line purchasing process.
This enables companies to build strong customer relationships that can result in increased revenue and reduced sales costs. The Calico eSales Suite can be deployed across the Internet, intranets, extranets and corporate networks and can be accessed through desktop and mobile computers and retail kiosks. Our advanced eCommerce solutions are broadly applicable to a wide range of industries and markets.
Corporate headquarters: RiverPark Towers, 333 West San Carlos Street, Suite 300, San Jose, CA 95110; 408/975-7400; fax 408/278-8497; calico.com.
(2)
Washington, July 14 (Bloomberg) -- E.piphany Inc., a maker of technology to manage customer relationships, filed to raise as much as $50 million through an initial stock sale.
The Palo Alto-based startup, which is backed by capital from Kleiner Perkins Caufield & Byers, makes technology that lets companies tailor information provided to customers over the phone or through the Internet. The solution integrates data, from sales to marketing to finance, and gives employees the tools to analyze the information.
Chief Executive Roger Siboni, 44, was previously deputy chairman and chief operating officer at KPMG Peat Marwick LLP. He has helped turn technology start-ups into public companies for more than two decades. Siboni has been E.piphany CEO since 1998, according to a filing with the Securities and Exchange Commission.
''We're impressed,'' said Frank Gillett, an analyst at Forrester Research Inc. ''E.piphany is one of these polished startups with a lot of style and presentation and a marquee name -- but it's still just a new company getting going.''
Customer-relationship software companies have been racing to go public amid forecasts of growth in the market for front-office applications, used by sales and marketing departments rather than by operations employees.
The area has also drawn the interest of established firms such as Oracle Corp., which is betting that its customer- relationship management software is helping position the company for longer-term growth.
Buzzwords
''A lot of the buzzwords lately have to do with customer relationship management and front-office applications over the Internet,'' said Mark Murphy, an analyst at First Albany Corp. ''People are stepping back and saying this might be the next big thing after ERP software. Anyone that can participate in that space is finding this quite an opportune time to public.''
Broadbase Software Inc., based in Menlo Park, California, last week filed to go public. Net Perceptions Inc., which went public in April at $14 a share, fell 5/8 to 20 3/4 in midafternoon trading.
E.piphany said it would use proceeds from the stock sale for general corporate purposes, including working capital. Some money may be used for possible acquisitions of businesses or technologies.
Revenue totaled $5.1 million in the six months ended June 30, 1999 compared with $863,000 in the year-earlier period. Net losses rose to $9.3 million in the first six months of 1999 from $3.9 million in the 1998 first half.
Customers
Sallie Mae uses E.piphany technology to sell new financial services to existing customers as their financial status changes. Hilton Hotels Corp. uses the solution to gather and analyze data on guest behavior in order to improve service and relationships with corporate customers.
Autodesk Inc., Hewlett-Packard Co. and Charles Schwab Corp. were among the company's biggest customers in 1998.
Chairman Eliot Wegbreit, 55, founded E.piphany in 1996 with Executive Vice President Steven Blank, 45. Wegbreit was previously a principal at Hambrecht & Quist Venture Capital from 1988 to 1998. Blank was CEO of Rocket Science Games Inc. The founders each hold company stakes of about 10 percent before the initial stock sale.
The number of shares to be sold and their estimated price range will be disclosed in a future filing. The $50 million top value was used solely to calculate a registration fee.
An underwriting group led by Credit Suisse First Boston will market shares to the public. E.piphany will seek to trade on the Nasdaq Stock Market under the symbol ''EPNY.''
Jul/14/1999 14:52 <<
(3)
About HomeStore.com
HomeStore.com(TM) has a family of real estate websites, which includes REALTOR.COM(TM), the official Internet site of the National Association of REALTORS(R), which features approximately 1.37 million existing and new home listings and real estate agent and broker services; HomeBuilder.com(TM), the official new home site of the National Association of Home Builders, which offers more than 100,000 models, available new homes and plans from over 12,000 builders; SpringStreet.com, which provides consumers interested in renting a home with a comprehensive search and relocation services, and CommercialSource.com(TM), an Internet site for commercial real estate brokers, providing access to national and international commercial property listings.
SOURCE HomeStore.com <<
(4)About Agile Software
Founded in 1995, Agile Software is a leading supplier of Web-centric product content management software for use within and among enterprises in a manufacturing supply chain. Privately held, Agile Software is based in San Jose, California, with customer sites throughout the world. Customers include Aspect Telecommunications, GE Marquette Medical Systems, Guidant, Hitachi, Iomega, Nortel Networks, Packard Bell, PairGain, Xetel, Xircom and many others.
Agile Software won the CrossRoads 1999 A-List Award in the Demand/Supply Chain Planning and Optimization category. In both 1998 and 1999, Upside Magazine selected Agile among its "Hot 100 Private Technology Companies" and as one of its "Top 5 Pre-IPO Enterprise Software Companies." Agile Software was also named one of start Magazine's "Hottest Companies" in both 1998 and 1999. Additional information on Agile Software is available on the company's Web site at agilesoft.com.
For more information on Agile Software's entire product line, contact Agile Software Corporation, One Almaden Boulevard, San Jose, CA 95113-2253, USA. Or call 408-975-3900, fax: 408-271-4862. Or send an e-mail to info@agilesoft.com. Visit Agile on the World Wide Web at agilesoft.com.
NOTE: Agile Software, the Agile Software logo, Agile Anywhere, Agile eHub, Agile eXpress Messenger, Agile eXpress Viewer, My Agile, Agile iCM and iCache are trademarks of Agile Software Corporation in the U.S. and/or other countries. Microsoft, Windows, Windows NT and BackOffice are either registered trademarks or trademarks of Microsoft Corporation in the U.S. and/or other countries. Java and all Java-based marks are trademarks or registered trademarks of Sun Microsystems, Inc., in the United States and other countries. All other brand or product names are trademarks and registered trademarks of their respective holders.
SOURCE Agile Software Corporation <<
(5)Drugstore.com we already know all about it.
(6) Chemdex.>>
Commentary: A New Race of Giants?
The pioneers of E-commerce could wind up dominating their markets
Almost since its start, the Internet has been a great democratizing force, and Internet commerce is no exception. Just a little over four years ago, Amazon.com, eBay, and Yahoo! didn't even exist. Now worth a combined $69 billion, they're threatening to topple commercial and media giants. The clear message: The little guy has a chance once again. Get on the Web first with a compelling proposition, and the sky's the limit.
But this same get-big-fast opportunity may soon create big--no, make that really big--companies. Indeed, that potential dominance is why investors are betting so much on the leading Web companies. So it's a fair question to ask: Will the Net, which threw open the doors to new competition, wind up ushering in a new era of megamonopolies? Go ahead and laugh. After all, E-commerce is still a mere fraction of overall commercial activity, and competition is so fierce that a dozen companies compete in every segment. The biggest E-merchants, such as Amazon and eBay, are duking it out the old-fashioned way--by doing a great job, offering real value, and attacking inefficiencies.
But there's a funny thing about those inefficiencies that the Net will wipe out. Traditionally, inefficiencies in cost and price structure have provided an umbrella for new competition, says Jeanne G. Terrile, a first vice-president at Merrill Lynch & Co., in a recent report on E-commerce. No more umbrella means no more room for rivals to get a toehold.
That could prove all the more true thanks to a rapidly emerging new class of Net middlemen in a wide range of consumer and industrial markets. Online, with few limitations of time and geography, these new marketmakers can quickly generate a virtuous loop of buyers and sellers, whose very presence attracts yet more buyers and sellers. For that reason, they're expected to dominate many industries, from chemical supplies to rolled steel. Analyst Charles H. Finnie of investment banker Volpe Brown Whelan predicts these companies, such as Chemdex Corp. and e-Steel, have an opportunity to build a ''near-monopoly position.''
Just look at the online auction house eBay. Despite scads of competition and glaring glitches in service, eBay retains more than 80% market share, according to Dain Rauscher Wessels, simply because buyers and sellers want to be where the action is. Says McKinsey & Co. principal and Internet business author John Hagel III: ''If you thought Microsoft was a monopoly, just wait.''
CONSUMER ADVOCATES. And maybe not for long. Consolidation already is underway. Consider Amazon.com Inc.: After two years of jousting with Barnes & Noble's online book site, it's still out in front in sales by a factor of eight--a beachhead that helped it grab the lead in music after its first three months selling CDs. Flush with investment capital, Amazon.com keeps buying all or parts of companies, from HomeGrocer.com to Pets.com. Once players such as Amazon.com achieve a dominant position, what is to stop them from raising prices?
It may be too early to write off the Net's power to bring big guys to their knees--even big E-merchants. Someone else with a radical new idea can still come in and suddenly redefine a market. Besides, the Net gives buyers unprecedented power, because they can get much more information about products and, with little trouble, join online to become buying forces. That's why Hagel thinks these new middlemen could well turn the tables and become customer advocates, putting pressure on suppliers for lower prices.
Maybe so. My big worry is that, pricing aside, these Wal-Mart Stores on steroids could stifle competition--which is the only reliable way of ensuring continued innovation. Years ago, policymakers and industry leaders both badly punted an opportunity to keep Microsoft from becoming a near-monopoly. This time, I hope they think hard about what to do about E-commerce before it's too late. It would be tragic if the Web's biggest successes ended up stifling the very wide-open opportunity that made it such a revolutionary force.<<
(7
IBM E-Business Executive Kelly Trammell to Lead FaceTime to Online Customer Service Market Domination; Sutter Hill Ventures Leads New Financing with
Original Investors IVP, Mohr Davidow
FOSTER CITY, Calif., July 15 /PRNewswire/ -- FaceTime Communications today announced that top IBM Global Services executive Kelly Trammell has joined the Company as President and CEO. FaceTime also announced $5.5 million in a second round of funding led by new investor Sutter Hill Ventures, along with original investors Institutional Venture Partners and Mohr Davidow Ventures. The new financing brings FaceTime's total capital to $9 million.
Kelly Trammell joins FaceTime from a highly successful three-year tenure at IBM's Global Services Division, where he led the e-business services team to market leadership in e-banking, e-brokerage, and electronic bill payment and presentment. Prior to IBM, Trammell was a Partner at KPMG Peat Marwick's Strategic Services Division for eleven years, where he led a respected national practice in e-commerce and messaging services for the Fortune 500.
David Hsieh, FaceTime's co-founder and Vice President of marketing, said: "We're delighted to welcome a visionary e-business executive of Kelly Trammell's caliber and reputation to FaceTime. Together we'll help e-commerce sites win in their markets by humanizing the online shopping experience for millions of consumers worldwide."
Kelly Trammell said: "Customer satisfaction makes or breaks companies offering products and services online, since there are so many choices for consumers. With our FaceTime Message Exchange suite of services and continued innovations like integration with AOL and Yahoo! instant messaging, FaceTime can help e-commerce sites quickly build strong market share and customer loyalty. I'm looking forward to working with the team to brand FaceTime as the standard in online customer services."
In announcing the new round of financing, David Hsieh added, "We're very pleased that Sutter Hill, along with our original investors at IVP and Mohr Davidow, has recognized FaceTime's tremendous potential and invested in our continued growth and success. We'll use the new funding to expand our development, worldwide sales and marketing and customer service operations."
Tench Coxe, Managing Director at Sutter Hill, said: "FaceTime has the formula for helping e-commerce companies build large, loyal customer bases through fast, reliable online customer service. Its powerful 'instant messaging' service is one of the most exciting innovations in online service. We're pleased to help fund their next round of development as they continue their aggressive growth."
About Sutter Hill Ventures
Sutter Hill Ventures has been a leader in financing technology-based companies since 1962. Sutter Hill is a stable, reliable source of investment dollars, with more than $400 million available to promising companies. The five partners at Sutter Hill have operating backgrounds, significant venture capital experience and understand the challenges which early-stage companies face. They work as partners with management to solve the financial, recruiting, and strategy problems that confront growth companies. Sutter Hill's investments have included Broadvision, Tellabs, Quantum, Copper Mountain, Edify, Alteon and Vitria.
About FaceTime Communications
FaceTime Communications, Inc. is an innovator in Internet-based customer interaction solutions. Headquartered in Foster City, CA, the Company's customers include Mammoth Golf, Fatbrain.com, Yellow Freight, VSS and iGo (formerly 1-800-Batteries). In June 1999, FaceTime became the first customer service provider to integrate with the popular AOL Instant Messenger and Yahoo! Messenger services, offering immediate customer communication on e-commerce sites. The Company is funded by world-recognized venture capital companies Institutional Venture Partners, Mohr Davidow Ventures and Sutter Hill Ventures. FaceTime's executive management team has extensive experience in Internet and customer care businesses. For more information, FaceTime Communications can be reached by calling 650-574-1600 or at www.facetime.net.
FaceTime Communications, Inc., FaceTime and the FaceTime Message Exchange are trademarks of FaceTime Communications, Inc. Other products and services may be trademarks or registered trademarks of their respective organizations.
SOURCE FaceTime Communications, Inc.
CO: FaceTime Communications, Inc.; Sutter Hill Ventures
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