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Technology Stocks : MeVC Draper Fisher Jurvetson Fund (MVC, XMVCX) -- Ignore unavailable to you. Want to Upgrade?

To: Thomas who wrote (123)	7/13/2000 10:37:18 AM
From: Sam Nizam	Respond to of 180

The news today was very significant. Its going to be a longer term holding, but one home run is all it takes.

To: Thomas who wrote (123)	7/14/2000 9:27:24 PM
From: TheSlowLane	Respond to of 180

I calculate that they've done about 85.5 million in announced deals. You can see the list at: mevc.com Startups raising money right now are not able to claim anywhere close to the valuation they could have gotten away with eight months ago. As far as immediate signs or results go - well, that sort of runs counter to the whole notion of early-stage/venture investing. I haven't researched all the companies they've funded so far but I did take a good look at eyak and I liked what I saw there.

To: Thomas who wrote (123)	7/14/2000 9:36:13 PM
From: TheSlowLane	Read Replies (1) \| Respond to of 180

Will take two years to fully invest the whole fund. One article I read about this fund indicated that the management fees are pretty steep. 2.5%, I think. Investment Timing We plan to reserve approximately 20% of the net offering proceeds for follow-on investments and future management fees. We expect to invest the net proceeds after reserves in accordance with our investment objective at the following approximate rates: 20% to 25% at or about six months from the offering date 50% at or about one year from the offering date Full investment at or about two years from the offering date