SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: dharampal luthra who wrote (702)7/19/1998 8:26:00 PM
From: Bill Fortune III  Respond to of 15313
 
Good Sunday Evening to All. For your Reading Pleasure is there a future for FNTN read the excerpt taken from:

A Venture Into the Internet's Unknown
Q&A with J. Neil Weintraut, Founding Partner of 21st Century Internet Ventures
by Matthew W. Ragas

E-COMMERCE GUIDE: What areas of the Internet is 21st Century currently focusing on in making new investments?

<<WEINTRAUT: The bedrock of Internet arenas conducive to venture capital resources are Enterprise, E-commerce, and Telecommunications, which is our focus. To be clear, when we target Internet-related opportunities, we don't mean Internet "the thing", but rather Internet "the phenomena" - namely, new species of businesses and automation either codifying these new business species or exploiting the technologies catalyzed by the Internet (for example, Java, Web, XML, and streaming content). >>

E-COMMERCE GUIDE: You've invested in a number of interesting startups that as you called it are part of this Internet "phenomena." What major trends then do you see unfolding online in the next three years?

<<WEINTRAUT: There are many, including supply chain, telecommunications, and wireless/palm platforms to name a few. Supply chain because the creation of new business species, notably direct-to-customer, customer ecstasy, and build-to-order precipitates a clean sweep and new generation of automation defining a business today. Telecommunications, from the fusion of previously segregated analog and data communications to new message-enabled applications, has us thinking far and wide to the implications, which may be unimaginable. Finally, the advent and intersection of both practical, low-cost, and useful palm devices with wireless technology is tantamount to a new automation platform affecting everything from field sales people to television remote controls. >>

E-COMMERCE GUIDE: Do you believe we'll see more companies like a Zapata attempting to become "Internet-centric" investors and start getting their feet wet in the Internet investment arena?

<<WEINTRAUT: Yes. Indeed, it's already going on. In particular, many companies have aligned with venture capital firms and set-up business development arms in Silicon Valley. For example, Interpublic, one of the world's largest advertising agency holding companies, is an investor in 21st Century Internet. Similarly, International telecommunications companies, such as France Telecom, and Deutsche Telecom, as well as industrial companies, such as UPS and VISA are quietly both investing in or developing affiliations with Internet Companies. >>

In Zapata's case, they appear to be savvy business people, but as of yet unfamiliar with this new world and click of the Internet. I expect that Zapata will successfully return, albeit probably first via companies that are less significant than Excite, while they cultivate their Internet smarts.

Put on your seat belt!

To read the complete article click on the link below:
e-comm.internet.com
Copyright 1998 Mecklermedia Corporation. All Rights Reserved

Regards,

Bill Fortune III
Just some sidebar information those who might be interested. In my opinion and I truly believe this, FNTN someday will be included in articles such as these.

I will be adding two additional posts with excerpts and links.