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| | | | --- | --- | | Red Rock Eater Digest | Most Recent Article: Fri, 14 Apr 2000 |

Internet millionaires

``` http://www.webcom.com/~walsh/milldet.html

[First, though, here's a bit marked "RETRACTIONS"...] In a previous issue I printed.... [ The SEC has asked Netscape to amend their prospectus and eliminate most of the standard drivel in the "Risk Factors" section and include a reprint of Charles Mackay's classic "Extraordinary Popular Delusions and the Madness of Crowds" ] A lawyer friend of mine says you can never say that . O.K., I stand corrected and see the folly in my ways. I should have said.... [ The SEC should ask Netscape to amend their prospectus and eliminate most of the standard drivel in the "Risk Factors" section and include a reprint of Charles Mackay's classic "Extraordinary Popular Delusions and the Madness of Crowds" ]

THE INTERNET MILLIONAIRES LIST Market Capitalization of Internet Related Public Companies and Personal Holdings of Their Millionaire Owners Below is a list of some Internet related companies and their major shareholders. The shareholder figures were taken from prospectuses filed with their S-1's. At least someone is making money on the Internet. The underwriters haven't determined the price on Netscape's IPO yet. Based on the market capitalization of Spyglass, Netscape should have a valuation greater than the Gross National Product of Bolivia.

Closing Price Market Company Shares O/S @ 08/01/95 Capitalization

UUnet 26,994,486 $42.00 $1,133,768,412 Performance Systems 30,126,269 $19.75 $594,993,813 Netscape 30,502,244 $13.00 $396,529,172 (1) Netcom Communications 8,755,002 $34.88 $305,330,695 Spyglass 5,003,651 $43.75 $218,909,731 MecklerMedia 3,550,138 $35.00 $124,254,830

Grand Total Market Cap $2,773,786,653

(1) Final offering price has not be set.

Internet Millionaires Club

Ticker Shares At the Market Person/Entity Symbol Owned Close on 08/01/95

Greylock, VC SPYG 1,092,154 $47,781,738 Venrock, VC SPYG 834,723 $36,519,131 Tim Krauskopf, Pres SPYG 341,000 $14,918,750 Doug Colbeth, R&D SPYG 257,670 $11,273,063 Mike Tyrrell, Sales SPYG 74,375 $3,253,906

Bill Schrader, Pres PSIX 5,441,200 $107,463,700 Matrix Partners, VC PSIX 3,641,254 $71,914,767 Humphreys/Matrix, Dir PSIX 3,641,254 $71,914,767 Woodson/Sigma, Dir PSIX 2,670,254 $52,737,517 Sigma Partners, VC PSIX 2,481,954 $49,018,592 Marty Schoffstall, CTO PSIX 2,392,992 $47,261,592 Bessmer Ventures, Indiv. PSIX 2,239,814 $44,236,327 Bessmer Venture Partners PSIX 2,202,863 $43,506,544 James Gleick, Pipeline guy PSIX 1,782,343 $35,201,274

Rick Adams, CEO UUNT 4,875,000 $204,750,000 Microsoft UUNT 4,164,000 $174,888,000 Menlo Ventures, VC UUNT 3,229,698 $135,647,316 New Enterprise, VC UUNT 3,229,698 $135,647,316 Accel, VC UUNT 3,210,320 $134,833,440 New Enterprise/Barris, VC UUNT 3,229,698 $135,647,316 Menlo Ventures/Jarve, VC UUNT 3,229,698 $135,647,316 Accel/Patterson, VC UUNT 3,210,320 $134,833,440 John Sidgmore, Pres UUNT 1,244,100 $52,252,200

Jim Clark, Chairman NSCP 9,720,000 $126,360,000 Jim Barksdale, CEO NSCP 4,200,000 $54,600,000 Kleiner Perkins/Doerr, VC NSCP 4,400,000 $57,200,000 Marc Andreessen, CTO NSCP 1,000,000 $13,000,000 John Warnock NSCP 888,890 $11,555,570 Adobe Systems NSCP 888,890 $11,555,570 TCI Netscape Holdings NSCP 888,890 $11,555,570 Times Mirror NSCP 888,890 $11,555,570 Jim Sha, VP Apps NSCP 600,000 $7,800,000 Knight-Ridder NSCP 444,446 $5,777,798 The Hearst Corporation NSCP 444,446 $5,777,798 IDG, Holdings NSCP 444,438 $5,777,694 Conway Rulon, VP Sales NSCP 400,000 $5,200,000 Richard Schell, VP Eng. NSCP 400,000 $5,200,000

Geocapital Partners NETC 1,212,009 $42,268,814 Robert Rieger NETC 959,054 $33,447,008 Chancellor Capital NETC 685,591 $23,909,986 Robert Rositano NETC 580,474 $20,244,031 Gary Madden NETC 517,787 $18,057,822 Hancock Venture Partners NETC 514,195 $17,932,551 Lang Gerhard & Entities NETC 400,000 $13,950,000 John Whalen NETC 149,553 $5,215,661 Warren J. Kaplan NETC 106,861 $3,726,777

Alan Meckler, CEO MECK 1,568,560 $54,899,600 James Mulholland, VP MECK 796,538 $27,878,830 Marie Mulholland Flatness,SO MECK 119,340 $4,176,900

Grand Total $2,479,771,559

(2) This guy has one of those hyphenated names but I couldn't fit it in the damned chart.

The Internet Millionaires List is compiled by Internet Info, Falls Church, VA. It will be updated periodically just like the price of lobster. We will be making the spreadsheet version of Intermania available shortly so you can play at home. We can be reached at walsh@webcom.com. . ```

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