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Strategies & Market Trends : Gorilla Game Investing in the eWorld -- Ignore unavailable to you. Want to Upgrade?


To: Seeker of Truth who wrote (97)9/4/1999 4:45:00 PM
From: StockHawk  Read Replies (1) | Respond to of 1817
 
>Why does a nurturer like SFE give birth to another nurturer
like ICGE? Won't there be friction in the future? <

Why would GM have Buick, Chevy and Olds?

SFE has a number of venture capital companies under their umbrella. For example:

NAME
DESCRIPTION
TOTAL COMMITTED CAPITAL (Millions)



EnerTech Capital
utility/energy/communications investing
$50
Pennsylvania Early Stage Partners
PA-based early stage technology investing
$50
SCP Private Equity Partners
post-venture stage investing
$265
Safeguard International Fund
international buyout fund investing primarily in process industries
$228
TL Ventures
venture capital management
$492



To: Seeker of Truth who wrote (97)9/5/1999 12:17:00 AM
From: Teflon  Read Replies (1) | Respond to of 1817
 
SFE was primarily focused on the "IT" environment long before the Internet came along. They invested in ICGE not only because of their business plan proposition, but also because at the time the Internet stocks were going AWOL and ICGE brought together a fantastic management team, of which a member of the SFE team had joined.

ICGE is and was always more focused on the Internet and commerce in the eWorld than SFE. SFE is still trying to strike a balance between the traditional IT world and the emerging euphoria of the Internet space. They fit very well together, though on some levels there is competition. Musser realizes, however, that going forward SFE will have a much more diversified portfolio. And I think that's the way he'd prefer it regardless.

Teflon