| BUSINESSWEEK ONLINE : OCTOBER 25, 1999 ISSUE | ||||||||
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| COVER STORY
David Wetherell's Internet Empire CMGI owns 11 Internet companies, three deals are pending, and it has sizable shares in 38 others. Here are its main holdings: Content Companies Portals and online information services ALTAVISTA A second-tier Web portal acquired in September; Wetherell is pushing aggressively for growth by linking it to his other Net properties (83%). LYCOS No. 4 Web portal. Still key despite battle last spring in which Wetherell blocked acquisition by Barry Diller's USA Networks (17%). MYWAY Creates custom-built portals with localized news and e-commerce links for companies setting up on the Web. Formerly Planet Direct (more than 90%). ICAST Hired ex-NBC Television President Neil Braun to create online audio and video programming (more than 90%). MAGNITUDE NETWORK Software helps radio stations broadcast over the Web and link merchandise to on-air promotional spots (more than 90%). ZINEZONE.COM Multimedia site mixes video, text, and Web links to profile cutting edge cultural figures (more than 90%). RAGING BULL Fast-growing online investor forum (50%). FINDLAW Online legal library for lawyers and the litigiously inclined (20%). WEBCT Software for putting college courses online (28%). Online Infrastructure Tools and services for building e-commerce ENGAGE TECHNOLOGIES Tracks Web traffic to create anonymous user profiles of Web surfers. Allows for targeted online marketing (82%). ADSMART Places Internet advertisements and sponsorships for media buyers across a network of more than 300 sites, including many CMGI properties (more than 90%). NAVISITE Manages Web sites for online operations of Levi Strauss, Catalog City, and many CMGI companies. Dell and Microsoft are also investors (more than 90%). NAVINET National network of dial-up connections marketed to Internet Service Providers (more than 90%). 1CLICKCHARGE Payment software allows online stores to charge consumers a few cents per click for reviews, music, or articles online.* 1STUP.COM Technology to provide free dial-up Internet access accounts supported by advertisers.* ADFORCE Serves up online ads and measures their effectiveness.* FLYCAST Sells discounted Internet advertising on less popular sites.* ONECORE.COM Online bill payment, payroll, 401(k) plans, and merchant accounts for small businesses (29%). BLAXXUN Software for building 3-D sites on the Web, a fast-growing trend for retailers (56%). SILKNET Software for handling customer service over the Web or the phone (18%). CRITICAL PATH Allows sites to offer e-mail service (4%). * ACQUISITION OF MORE THAN 90% STAKE PENDING E-Commerce Sales to consumers or businesses over the Web SHOPPING.COM Sells everything from digital cameras to in-line skates (AltaVista subsidiary). MOTHERNATURE.COM Purveyor of vitamins, health supplements, and minerals (11%). CHEMDEX Marketplace for biotech and pharmaceutical supplies (8.5%). THINGWORLD.COM Sells online ''collectibles,'' such as multimedia clips of NFL games (35%). FURNITURE.COM Sofas, beds, and furnishings (22%). NEXTMONET.COM A gallery where undiscovered artists can show their work (38%). CARPARTS.COM Auto-parts site gives new meaning to the term ''search engine'' (23%). BIZBUYER.COM Small businesses entertain bids for products and services they need (33%). BUYINGEDGE.COM Reverse auction site is a Priceline wannabe (29%). EXP.COM Provides expert advice and services from parenting to pets (25%). MONDERA.COM Jewelry and other luxury gifts (18%). NEXTPLANETOVER.COM Online comic-book merchant (18%). _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ BACK TO TOP |
![]() RELATED ITEMS David Wetherell: Internet Evangelist COVER IMAGE: David Wetherell: Internet Evangelist CHART: CMGI's Rocketing Shares TABLE: David Wetherell's Internet Empire RESUME: David S. Wetherell PHOTO: David Wetherell, Age 5 One Big Happy Family--But for How Long? Lycos: The Chick That Didn't Fly the Coop ONLINE ORIGINAL: Should You Invest In the Companies CMGI Invests In? INTERACT E-Mail to Business Week Online | |||||||