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To: PatrickMark who wrote (238)	7/30/1999 7:03:00 PM
From: PatrickMark	Read Replies (1) \| Respond to of 361

Re DSCM . . . seattlep-i.com Drugstore.com IPO spreads wealth to investors, charity Friday, July 30, 1999 By JOHN COOK SEATTLE POST-INTELLIGENCER REPORTER Drugstore.com's spectacular Wall Street debut on Wednesday didn't just raise $90 million for the 15-month-old online pharmacy. It also filled the coffers of the company's marquee list of financial backers. Amazon.com's 26 percent stake was worth more than half a billion dollars after the first day of trading. Vulcan Ventures, the Bellevue venture capital arm of Microsoft co-founder Paul Allen, saw its $40 million investment increase to $111 million. And the paper wealth of drugstore.com chief executive Peter Neupert climbed to $92 million. For all of the wealth generated by the IPO, Bellevue-based drugstore.com did not forget about its role as a corporate citizen. Earlier this month, the company set aside 200,000 shares of common stock to form a new charity called the drugstore.com Foundation. The foundation will make grants to charitable organizations chosen by drugstore.com employees. No charities have been designated at this time. As of yesterday, the newly formed organization had a value of $10.3 million. "We are anxious to pursue a valuable public service mission that fits with drugstore.com's approach of helping people manage their well being," said company spokeswoman Debby Fry Wilson.