CGLD -->>http://www.cybergold.com
Web surfers in search of hidden treasure should head over
to Cybergold's site. The direct marketing firm has signed up
more than 1.8 million members, who earn money by visiting
sponsors' Web sites to make purchases, fill out surveys,
and try services. Members can transfer their earned money
into checking or Visa accounts, donate it to not-for-profit
organizations, or spend it at the company's "Earn & Spend
Community," where they can buy products such as music,
publications, software, and artwork (prices start as low as a
quarter). Founder and CEO Nathaniel Goldhaber owns 34%
of the company; Alta California Partners, 20%; and
VantagePoint Venture Partners, 16%.
Cybergold has granted underwriters SG Cowen Securities Corporation, CIBC World
Markets Corporation, Volpe Brown Whelan & Company, and E*Offering
Corporation an option to purchase up to 750,000 shares to cover
over-allotments. |
