To: Bill Fischofer who wrote (4 ) 8/14/2000 10:41:24 AM From: Rupert Read Replies (2) | Respond to This time last year a Goldman IPO doing Internet infrastructure with a great list of backers and an executive staff many of whom worked on the original Palo Alto Internet Exchange (PAIX) would have been snapped up very quickly and instantly given a multi-billion dollar market cap. This may be being mistakenly seen as another web hosting deal (a space in which EXDS is the clear gorilla and in which recent third tier IPOs have not done well) whereas EQIX's neutral exchange model is quite different and the company has said they don't want to do pure web hosting (see the FAQ section of their recently redesigned website: equinix.com ). EQIX's exchange center business model seems like the wave of the future to me: businesses which provide server-based Internet services to other businesses use EQIX's facilities so that their servers and those of their customers are located together, so they can exchange data very rapidly, etc.
