Xoom, Inc.
300 Montgomery St., Ste. 300
San Francisco, CA 94104
Phone: 415-445-2525
Fax: 415-445-2526
Web Site: xoom.com
IPO
INFORMATION
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Filing date: August 28, 1998
Expected IPO date: Week of Dec. 7
Exchange: Nasdaq
Proposed ticker: XOOM
Proposed offer price:
$9.00 to $11.00
Shares offered (mil.): 3.0
Offering amount (mil.): $30.0
Post-offering shares (mil.): 12.1
Underwriters:
Bear, Stearns & Co. Inc.; Deutsche Bank Securities
KEY NUMBERS
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Fiscal Year-End: December
1997 Sales (mil.): $0.8
1997 Income (mil.): $(3.1)
Employees: 39
KEY PEOPLE
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CEO: Laurent Massa
CFO: John Harbottle
Xoom is an Internet-based direct-marketing company. It offers a variety of free services, including e-mail, chat rooms, home pages, and clip art, to attract Web surfers to its community Web site. Xoom sends advertisements, retail offers, and newsletters to its members via e-mail on a weekly basis and offers an online travel service in conjunction with Camelot International. The offers include Xoom's proprietary and third-party products, such as computer software, accessories, and peripherals; consumer electronics; and clip art. The company, which generates sales from advertising as well as from electronic commerce, has created co-branded Web sites with Phillips Publishing, USA Today, and ZDNet, among others. Prior to a planned IPO, chairman Chris Kitze owns nearly half of the company.
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