To: kemble s. matter who wrote (155104 ) 3/17/2000 10:35:00 AM From: stockman_scott Read Replies (2) | Respond to of 176387
MSD and DELL invest in this new company....FYI... <<Friday March 17 10:09 AM ET New Internet Start-Up Offers 'Amazon in a Box' PALO ALTO, Calif. (Reuters) - Propel, a new Internet start-up, officially launched its business this week, saying it can deliver ``Amazon in a box' to other would-be online retailers. ``It took Amazon hundreds of man years to develop their infrastructure,' explains Propel founder Steve Kirsch. ``We are making that available to people so that they can get their businesses up and running quickly.' Kirsch, who also founded the Internet portal Infoseek that was later acquired by Walt Disney Co (NYSE:DIS - news), said the idea for Propel grew out of the frustrations he had maintaining the back-end infrastructure at Infoseek. Like Infoseek, a business focused on delivering news, information and other content, many consumer Internet businesses would rather not be bothered with the intricacies of their back-office systems, he said. ``I saw the problem first-hand at Infoseek. We were always wondering, if there was standardized platform so that we could get out of the infrastructure business,' said Kirsch. Propel joins several other companies including BroadVision Inc (NasdaqNM:BVSN - news), Allaire Corp (NasdaqNM:ALLR - news) and Blue Martini Software, which are also developing products that e-tailers can use to quickly set up a Web site, sparing them the costly and time-consuming process of starting from scratch. The explosion of e-commerce has triggered a corresponding race to develop e-commerce-enabling software, which has lately become one of the hottest sectors of the Internet industry. Propel says it is aiming to develop a more complete solution than many of its rivals offer. ``There are people who offer turnkey service at the low end, and custom tools at the high end, but they offer only pieces,' said Kirsch. ``What we do is different. It is almost like prefabricating a car.' He said Propel's products are designed for high-volume, high-performance Web sites, rather than the small mom-and-pop online stores. The company has attracted an A-list group of investors, including Dell Computer Chief Executive (NasdaqNM:DELL - news) Michael Dell, eBay Inc (NasdaqNM:EBAY - news) Chief Executive Meg Whitman, Intel Corp (NasdaqNM:INTC - news) Chairman Andy Grove, Netscape founder Marc Andreessen, as well as Colin Powell.>>