To: jhild who wrote (43581 ) 6/15/2000 11:28:00 PM From: PatP Read Replies (5) | Respond to
Well of course, the "Affiliate Program".... why am I not surprised? I just hope callNow can pay all those affiliates, as they have some legal problems looming on the horizon. Viatel, Inc. was recently awarded a judgment, and cases filed by Technology ControlServices, Inc. and Worldcom are pending.*** THIS DATA IS FOR INFORMATIONAL PURPOSES ONLY *** [T]he New York City Investment Corporation, which is backed by 10 banks, has a mandate to finance minority ventures. The fund, started in 1996, acts more like a bank than a venture firm, giving out loans of $50,000 to $1 million in return for equity or royalties. Though the $25 million fund does not necessarily focus on technology companies, it has lent close to $1 million to two New York-based black-owned technology firms -- Data Industries, a computer personnel staffing company, and Axicom Communications Group, an international telecommunications firm. Howard Sommer, who manages the fund, says it is now focusing more on Internet and new-media companies.
