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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?

To: Carolyn who wrote (21532)	10/6/2000 11:59:50 PM
From: levy	Respond to of 28311

Naveen doesn't want his 3 kids to know their rich....he said so right here in this article.....wonder how he explained the 15 million dollar house to Ankar?....this family is really into names starting with A...wife Anu, son Ankar, brothr Atul and then this helps explain his chosen nickname AA Excerpt To avoid making kids too concerned about money, some parents avoid the whole topic. Recently, Naveen Jain's 9-year-old, Ankur, spotted his father in Fortune magazine's "40-under-40" issue listing America's richest young self-made tycoons. He asked Jain, founder and chief executive officer of InfoSpace.com of Redmond, Wash., whether they were rich. "I said, 'No,'" says Jain, who ranked 12th on the list, with an estimated worth of $861 million. Since then, his company's share price has soared and the stock has split, making him worth, on paper, at least, $3 billion. When Ankur pressed his dad about why he was in the magazine, Jain waffled. "Sometimes, they look at the company shares and multiply some numbers," he told his son. "It has nothing to do with how much money we have." Jain, the son of a civil engineer from New Delhi, believes he's taking the right course by being vague. "You don't want a child to grow up thinking that they have so much money that they don't need to work hard." detnews.com

To: Carolyn who wrote (21532)	10/7/2000 1:02:46 AM
From: levy	Respond to of 28311

The AA only has only one brother Atul so that leaves your find out....and one sister.....Naveen and Atul have completely opposite views about how to run a business....this is a really funny quote from Atul which seems to be a direct takeoff of that other famous quote "My primary goal in founding TEOCO was to prove to the world that "You don't have to be an asshole in order to succeed." He sounds like he was thinking (like my brother Naveen) fed.org

To: Carolyn who wrote (21532)	10/7/2000 8:25:39 AM
From: levy	Read Replies (1) \| Respond to of 28311

Atul needs a name ........I am taking recommendations...for now he will be known as the AA's brother Atul but we need something that is the opposite of AA since he claims to be a nonasshole.......one possibility is anti-arrogant asshole or "AAA".......but that might be confusing....he has a weakness for bridge as he didn't get his PHD as a result of it.....Atul seems to be being overshadowed by his brother Naveen which probably really pisses him off...thats how he must have come up with that quote for the media about the stated purpose of TEOCO......Atul has 5 startups he is working on one of which has inked a deal with infospace...a reverse marketplace product...this is probably the product that infospace paid 400k seed money to Atul to develop....I believe infospace has an agreement that allows them to use the infrastruture technology behind netgenshopper netgenshopper.com netgenshopper.com The netgenShopper.com Management Team Atul is the Chairman of netgenShopper.com and is the founder, President and Chief Executive Officer of TEOCO Corporation, an employee-owned software product development and technical services company whose clients include: Mobil Corporation, Cable&Wireless PLC, US West, Williams Communication Group, InfoSpace.com, Excel Communications, TALK.com, NET-tel Communications, WinStar, TRW, Freddie Mac, Daimler Chrysler, GEICO, Siemens, and CCMI. TEOCO Corporation is the majority shareholder of netgenShopper.com and is providing all seed capital to launch the firm. Atul has built a unique structure within TEOCO that provides an environment for the funding, development and launch of high technology entrepreneurial ventures. The fostering of a co-operative, familial relationship, between TEOCO and an entrepreneur's dream of building a successful company is the focal point of the TEOCO approach. netgenShopper.com is currently one of five start-up ventures of this type in various stages of maturity under the TEOCO umbrella this must have pissed Atul off...put wrong title under his picture kelseygroup.com

To: Carolyn who wrote (21532)	10/8/2000 8:00:42 PM
From: levy	Read Replies (2) \| Respond to of 28311

CF no wonder the AA never has sex...he only wears white sox article Street Smarts Age 40 Place of Birth Meerut Residence Medina, WA Family Wife and 3 children Came to the U.S. 1982 Education MBA, BS Engg. First job and career Convergent Technology Company started 1996 Year did an IPO 1999 Year became millionaire 1990 Favorite charity United Way Lifetime goals Change how people access information, communicate, conduct commerce and otherwise manage their lives from wireless devices such as cellular phones. Net worth Over $5 Billion (35 Million shares of Infospace based on $150 price. Other liquid investments in Xoom, Mail.com and InfoSpace shares sold) Philosophy of life Have fun, make money and kick some butts Most inspired by Bill Gates Most excited by How Internet and cell phones can change how we live Most expensive thing ever bought House Naveen Jain is not the conventional Indian come good in Silicon Valley. That’s not only because he lives in Redmond, Washington but also because he is loud, outspoken, cocky and humorous. He is the media’s darling because he throws some great one-liners, quips that reflect the man. Here are some: “I never dreamed of coming to the U.S., or starting a company.” “Quitting Microsoft was a no-brainer.” “No reason to get up before 4-30 a.m.” because there is no serious competitor. “InfoSpace will be the portal of portals,” on positioning the company as a provider of information services to other Internet portals “InfoSpace will be a trillion-dollar company.” Its market cap is about $19 billion. “There was once an article in InfoWorld comparing Bill Gates and Naveen, and do you know who was the smarter one? Imagine that — it was Naveen!” “Even toasters would be connected to the Internet,” playing the visionary in 1997. “I would have put a bullet through my head!” on what he would have done if he failed after quitting Microsoft The last one is not to be taken seriously. “But failure was not an option,” he maintains. It is not always clear if Jain says something merely to shock but, regardless, when he speaks, people sit up and listen. Jain was born in Meerut. His father worked for the central government and the family moved from one city to another. So much so, Jain says there is still no place in India that he can consider home, and he never built up enduring friendships. But on the positive side, he grew comfortable with change. In 1982, he came to the US armed with a bachelor’s degree in engineering and an M.B.A. He started his career with a job at Burroughs in New Jersey and later worked for a string of smaller companies before joining Microsoft in 1989. The hard, competitive environment at Microsoft appears to have brought the best out of Jain, who considers himself “street smart” and not as highly educated as his brother who holds a doctorate in mathematics. Besides learning at lot at Microsoft during his seven-year career at the world’s largest software company, Jain was also inspired by Bill Gates. In 1996, when he decided to quit, Jain had a comfortable lifestyle, and no mortgages to pay. But he also was highly motivated, possessed a lot of drive and used the acquired business savvy to create a near monopoly position for InfoSpace. What his company did is akin to what those who sold pans and shovels did during the Gold Rush, Jain says. If the Internet was going to be the new revolution, why not build an information infrastructure, he postulated. InfoSpace is growing at ever-higher rates, as it feeding a Net-hungry world. Jain is a billionaire many times over, if you count the InfoSpace stock he still owns, but he drives the same three-year-old Lexus and when he kicks off his shoes at work, he reveals white socks beneath. He says he never wears any other. Bala Murali Krishna plug in naveen jain 2nd down google siliconia 4kuchbhi.com and he said his brother got his phd but I thought NotAA Atul said he didn't? excerpt fronm not AA Atul "When I was in graduate school, I lost my focus and started playing "contract bridge" all over the country. At the time, I was very bright and all set to become one of the youngest Math Ph.D"