| BUSINESSWEEK ONLINE : SEPTEMBER 13, 1999 ISSUE | ||||||||
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| NEWS: ANALYSIS & COMMENTARY
Baby Company Hatcheries IDEALAB! Founded by entrepreneur Bill Gross, this Pasadena-based outfit holds interest in two dozen Net startups including eToys, FreePC, and GoTo.com. Provides funds and management expertise. CMGI Best known for its early holdings in such Internet companies as Lycos and GeoCities, CMGI also has staRted companies from scratch in its Internet Group. They include iCast, Adsmart, and Engage Technologies. eHATCHERY Atlanta-based incubator launched Aug. 23 by Jeff Levy, a founder of RelevantKnowledge. Partly funded by idealab!, eHatchery companies include eTour and Blue Rock Avenue. eCOMPANIES The brainchild of high-profile Net execs Jake Winebaum and Sky Dayton promises to move Web companies from business plan to reality within six months. Raised $130 million in 60 days to fund new ventures. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
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RELATED ITEMS Where Net Startups Go to Be Born TABLE: Baby Company Hatcheries $276 Million: Now That's Motivation INTERACT E-Mail to Business Week Online | |||
