SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MessageMedia Inc. (MESG) -- Ignore unavailable to you. Want to Upgrade?


To: Gutterball who wrote (358)10/22/1999 11:01:00 AM
From: Gutterball  Read Replies (1) | Respond to of 553
 
Convergence Partners Launches B2B Venture Fund

New $125 Million Fund to Focus Primarily On Business-to-Business e-Commerce

MENLO PARK, Calif.--(BUSINESS WIRE)--Oct. 20, 1999--Convergence Partners, a Silicon Valley venture capital firm founded in 1997, announced today the formation of Convergence Ventures II LP, a new venture fund focused on the development of business-to-business electronic commerce solutions companies.

The $125 million fund is expected to provide early-stage funding for 15 to 18 start-ups.

''The numbers speak for themselves -- the business-to-business e-commerce market is expected to be 10 times the size of the business-to-consumer market, reaching $1.5 trillion by 2004,'' said Russ Irwin, co-founder and general partner of Convergence Partners. ''Our new fund will seek the entrepreneurs that are transforming businesses worldwide by offering services that dramatically increase the productivity and efficiencies of their customer's business processes.

''These new services are all made possible through leveraging the enormous power of the Internet.''

Business models most likely to receive attention from Convergence Partners include infrastructure services, application services and vertical exchanges.

Convergence Partners will build upon the solid portfolio it has assembled over the last two years, including B2B portfolio companies that include Adauction.com, an online media exchange offering opportunistic buys on premium advertising inventory -- online, print, broadcast and out-of-home, AdForce (acquired by CMGI), Chameleon Systems, Decisive Technology (acquired by MessageMedia), Entegrity, HiFive.net, Magnifi, eCompany Network, Signio and Tropian.

''The rapid success of companies like Adauction.com and Signio has proven to us the vitality of these entrepreneurs and business models. With Convergence Partners I am looking forward to aggressively pursuing more opportunities in the B2B sector,'' said 'ecosystem entrepreneur' and recently appointed venture partner Robb Wilmot.

Convergence Partners is a venture capital firm focused primarily on early-stage business-to-business e-commerce solutions. The firm was founded in 1997 by general partners Paul Dali, Eric Di Benedetto and Russ Irwin. Venture partner Robb Wilmot and administrative partner and CFO Chen Tang joined the founding team in 1999. Convergence Ventures II LP, a $125 million venture capital fund, was recently raised from limited partners including NEC, SEMA Group and CALPERS.

Convergence Partners 3000 Sand Hill Road Building 2, Suite 235 Menlo Park, CA 94025 Phone 650/854 3010 Fax 650/854 3015 convergencepartners.com Inquiries should be sent to: mailto:Info@convergencepartners.com



To: Gutterball who wrote (358)10/22/1999 7:02:00 PM
From: Gutterball  Read Replies (1) | Respond to of 553
 
MessageMedia Q3 1999 Earnings Call scheduled for Tue, Oct 26 - Broadcast.com

biz.yahoo.com

MessageMedia Q3 1999 Earnings Call
10/26/99 11:00 AM Eastern

MessageMedia, Inc. will release its 3rd Quarter 1999 results before the market opens on October 26, 1999. A conference call following the release will be broadcast live on this page at 11:00 a.m. EST. The conference call will be lead by Larry Jones, President and Chief Executive Officer. Tork Johnson, Chief Financial Officer will discuss the financial results. The conference call will be archived here for 30 days.



To: Gutterball who wrote (358)10/25/1999 6:48:00 PM
From: Gutterball  Respond to of 553
 
Las Call to Win the Venerable Title - Post Guestimate HERE.

That's right, its that time of the year again. Time to put up or shut up. Time to guess Messagemedia's top line (total revenues) for the Third Quarter.

The good news is, you can now register for free on SI to participate in the contest... siliconinvestor.com

Please post your guestimate in respond to this page. It will facilitate others in selecting their number and tallying the vote. Copy and Paste the following bold face text into your post to help others post to this page.

If you would like to post your guestimate, click on this link #reply-11680764. Review the rules and then post your respond to the rules page #reply-11680764. Click on "View reply to this page" when on the rules page #reply-11680764 to see guestimates already posted.

CONTEST RULES

- Messagemedia employees/family members are not eligible.
- Anyone with an SI handle can post a guestimate.
- The guestimate must be posted on this thread.
- Each aspiring guru gets only one guess.
- The guestimate must be expressed in millions of dollars; ie, 1.2 million.
- No two people can pick the same number, if someone has your number you must add another decimal to indicate you are above or below his/her estimate; ie, 1.25 million.
- If two people post the same number, only the first to post is considered in the tally.
- The contest begins now and ends two hours before the PR hits post time on Yahoo! (Messagemedia is expected to report before the bell Tuesday 10/26/99 #reply-11680806).
- The person closet to the actual total revenue number Messagemedia reports wins the Title "Veneralbe" and must be addressed by this title by fellow threadsters for one week.

I will tally the count and declare the winner. The acceptance speech is optional but will be considered conducive to the spirit of the thread.

HISTORY OF THE MESG VENERABLE TITLE

This is the Second Quarterly Venerable Guess-off on Messagemedia. The first was run last quarter (Q2) #reply-10645028 and is back by popular demand.

Here are the results of the First Quarterly Venerable Title Guess-off on Messagemedia #reply-10714821 followed with a copy of winner's graceful acceptance speech #reply-10720838.

REFERENCES

Q1 report - #reply-9240809
Q2 report - #reply-10714292