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

To: Roger Sherman who wrote (27094)	5/18/2002 4:22:59 PM
From: Hoatzin	Read Replies (6) \| Respond to of 28311

Hungry? . . . funphone.com

To: Roger Sherman who wrote (27094)	5/19/2002 1:09:47 AM
From: KLP	Respond to of 28311

Roger...Thanks for all the work! The book WILL sell...Re: InfoSpace Venture Capital Fund Some of these will interest you, and many of us! Including the past employees who contributed to this "ISVCF"....There are more....but you get the drift....so to speak....) Message 17203443 Message 16887660 Message 16669041 Message 16660787 On Friday, ExciteAtHome agreed to sell its portal assets to InfoSpace (INSP: news, chart, profile) for $10 million in cash, pending bankruptcy court approval. The defunct-provider of broadband access filed for bankruptcy protection last month. InfoSpace, with $227 million in cash and cash equivalents, would consider the purchase negligible, given that just last July it completed its $1.1 billion acquisition of Go2Net, an Internet firm that housed online game sites, services, news and information properties. As part of the transaction, InfoSpace will receive domain names, including the Excite name, and the millions of Excite users that have a personalized Excite page. "The main reason to buy the assets is to increase traffic for our search, directory and wireless services," said Infospace CEO Naveen Jain, who said the marginal cost to operate the site is minimal. He would not disclose the revenue the Excite portal generates. In a binding arrangement with Iwon, InfoSpace will sell off other non-search and directory assets to Iwon. Jain said Iwon would handle e-mail services and provide the content, such as news and weather. Infospace does not have an investment in Iwon, but still maintains investments in many private and public Net companies, such as messaging company Commtouch Software (CTCH: news, chart, profile). Message 16323406 Originally Published:20010401. old the nuts and whipped cream. InfoSpace Corp. is opting for a "plain vanilla" approach when it comes to the venture capital fund it launched in the first quarter of 2000. Started with $47 million- $30 million of the company''s money and $17 million from employee contributions - the fund has been used to target businesses with high-growth market opportunities parallel to InfoSpace''s own wireless and broadband infrastructure interests, says Peter Christothoulou, vice president of corporate strategy and development at InfoSpace Ventures. (KLP Note: More to this post....) Message 15727797 Message 15236551 Message 14553556 Message 14421419 (you'll love this one!~) Message 12315514 This is Dec 17, 1999..... INSP Forms New Capital Venture Fund: REDMOND, Wash., Dec. 17 /PRNewswire/ -- InfoSpace.com (Nasdaq: INSP - news), a leading provider of infrastructure services to Web sites, merchants and wireless devices, today announced the formation of the InfoSpace.com Venture Capital Fund in order to pursue strategic investments in start-up Internet companies that are synergistic to InfoSpace.com's business. biz.yahoo.com