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


To: Puck who wrote (21762)10/16/2000 12:01:07 AM
From: levy  Read Replies (1) | Respond to of 28311
 
yes they do provide white pages services to aol but they paid aol big time for that right...back in 1998 infospace granted AOL about 8 millions warrants at exercise price of $1.50 over 4 years...... note the label over at aol (if you have their service and can log on to this page) says sponsored by not powered by..

aol.com

also I found this

store.yahoo.com

internetnews.com

findarticles.com



To: Puck who wrote (21762)10/16/2000 12:20:25 AM
From: 10K a day  Read Replies (1) | Respond to of 28311
 
I think they do Dark Beer!



To: Puck who wrote (21762)10/16/2000 12:25:47 AM
From: levy  Read Replies (1) | Respond to of 28311
 
puck here is a reference on the cost of that aol deal

excerpt

Naveen Jain, CEO of InfoSpace, is also happy to have AOL as a shareholder. In 1998, Jain struck an agreement with AOL to carry its online white-pages service. As part of the deal, InfoSpace agreed to share advertising revenue with AOL and to give it warrants equal to about 5 percent of the company. Jain says the warrants give AOL more of an incentive to see InfoSpace succeed.
Depending on how much business it generates for InfoSpace, AOL has the potential to acquire stock that would be worth more than $500 million at today's prices.

zdnet.com

KLP I wonder if they spelled naveen's name wrong on purpose to piss him off...I would have.

siliconinvestor.com