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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Bouf who wrote (66959)1/25/2000 9:22:00 PM
From: puborectalis  Respond to of 108040
 
ICGE partner Starcite.com deal announced. From RB :

By: buffbills
Reply To: 5853 by MGBloomfield
Tuesday, 25 Jan 2000 at 8:20 PM EST
Post # of 5866

ICGE is a holding company, it doesn't manufacture anything. As a holding company,
ICGE invests in existing companies or creates its own in particular B2B market niches.
Revenue from these companies, based on the stake ICGE holds, flows back into ICGE in
the form of income. As well, ICGE provides operational and management expertise to
these "partner" companies,through its advisory board, no doubt charging for these
services much like a manager or consultant. Together, ICGE and its "partners" form a
network along which knowledge and information is shared and transmitted so that all can
grow and profit. As the "partner" companies develope (incubate) they will eventually
reach the point where they are taken public, thus generating increased value as their
share price increases to their shareholders, including ICGE (and its shareholders-us).
The theory behind the model is a win-win scenario for all concerned and at all levels.
Think of a wheel with ICGE at the hub. At the end of each spoke is a "partner" company
with financing, information and expertise travelling out from the hub and revenue flowing
into the hub. The idea is based on a Japanese business model called Keritsu. I hope this
helps you with you inquiry.