Internet Capital Group Inc. (ICGE) Message Board

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Technology Stocks : Internet Capital Group Inc. (ICGE)

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To: Dophano who wrote (460)	9/9/1999 8:41:00 AM
From: Tom D	Read Replies (2) of 4187

Some sloppy errors in the Fortune article... <<Over the past 32 years, ICG has paid more than $200 million for holdings in 36 companies. This year alone it expects to spend on B2B e-commerce about twice as much as noted venture capital firm Kleiner Perkins will spend on all its tech investments.>> 1) ICG was formed in 1996. Where does the 32 years come from? 2) Kleiner Perkins invests $100 Million each year in tech companies. So now ICGE is suddenly investing $200 million per year? It does not agree with the claim in the article that they invested a total of $200 Million in the last three years. Tom D

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