To: JavaGuy who wrote (7899 ) 5/4/1999 5:50:00 PM From: mike machi Respond to of 19700
CMGI Breaks the Bank by Norm Alster, posted 05/04/99 CMGI Inc. Headquarters: Andover, Mass. Founded: 1986 URL: www.cmgi.com Number of employees: 1,273 Main business: CMGI's three business sectors consist of a venture capital group, a fulfillmentThough CMGI in its entirety looks like a road map of the Internet's future, its current revenue stream is actually dominated by non-Internet businesses. In the second quarter ended Jan.Which begs the question: Are these guys supersmart or superlucky? Probably, like most who've hitched their stars to the Net, a little of both. Inclined to give full credit to CMGI managementBasically, CMGI knows just about everything that's being planned for the Net. "They have a great deal flow. They see a lot of stuff," explains Michael Barach, president and CEO of MotherNature.comCMGI has focused on three types of Web investments: content (e.g., Lycos), community (e.g., GeoCities) and electronic commerce. A bit of a latecomer to e-commerce, the company now seems CMGI Inc. is broken into three sectors:The Internet Group, @Venture, and Direct Marketing Internet Group Company name Business CMGI affiliation LocationHow did a company with roots in direct marketing and fulfillment services become a star VC investor and incubator of Net startups? Since Peter Mills sees roughly a thousand new business... This story appears in UPSIDE'S June 1999 IssueDOW COMPONENTS are a bear trap. MM I LOVE THIS COMPANY... CMGI Breaks the Bank by Norm Alster, posted 05/04/99 CMGI Inc. Headquarters: Andover, Mass. Founded: 1986 URL: www.cmgi.com Number of employees: 1,273 Main business: CMGI's three business sectors consist of a venture capital group, a fulfillmentThough CMGI in its entirety looks like a road map of the Internet's future, its current revenue stream is actually dominated by non-Internet businesses. In the second quarter ended Jan.Which begs the question: Are these guys supersmart or superlucky? Probably, like most who've hitched their stars to the Net, a little of both. Inclined to give full credit to CMGI managementBasically, CMGI knows just about everything that's being planned for the Net. "They have a great deal flow. They see a lot of stuff," explains Michael Barach, president and CEO of MotherNature.comCMGI has focused on three types of Web investments: content (e.g., Lycos), community (e.g., GeoCities) and electronic commerce. A bit of a latecomer to e-commerce, the company now seems CMGI Inc. is broken into three sectors:The Internet Group, @Venture, and Direct Marketing Internet Group Company name Business CMGI affiliation LocationHow did a company with roots in direct marketing and fulfillment services become a star VC investor and incubator of Net startups? Since Peter Mills sees roughly a thousand new business... This story appears in UPSIDE'S June 1999 Issue