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Bubble Notes: February 2000 Selection of Ecommerce Briefings

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Here’s a list of companies that wanted to meet with Jupiter Ecommerce analysts in February 2000, with their provided brief descriptions. We could only meet with so many of them, so some of these are ones who didn’t score an audience FWIW. Some of them you know, some you think you know and perhaps some will rise again!

First Data Corp – helps move the world’s money.  As the leader in the electronic commerce and payment services, First Data serves more than two million merchant locations, 1,400 card issuers and millions of consumers, making it easier, faster and more secure for people and businesses to buy good and services.

Munigroup – will be the first and only comprehensive, neutral online marketplace for municipal bonds – servicing traditional and e-brokerage houses. Both Goldman Sachs and Paine Webber are strategic partners.

iProperty – offers an online service for everyone who is involved in the home purchasing process. iProperty creates customized intranets between the realtor, the buyer, the seller, the lender, the appraisers and all other service providers who are involved when buying or selling a home. These portals eliminate problems and reduces time associated with the lengthy process of buying a home. The links within the intranet eliminate phone calls and simplifies the process by tying all parties together onto one site where all the transactions can be completed.

FinanCenter.com – a financial planning platform that provides independent Consumer Reports, the ability to calculate the cost of various financial decisions with the same tool; and customer satisfaction rankings based on polls of actual purchasers.  The new platform will be available both at www.financenter.com and as a plug-and-play solution that can be embedded into Internet portals to drive traffic, generate revenue and help Web sites position themselves as objective, trustworthy advisors.

Claritybank.com is a Internet-only banking institution providing state-of-the-art financial services and competitive customer benefits and premiums. The bank offers a full range of financial services,including free online banking, bill payment and presentment, deposit and loan products, brokerage, insurance, ATM-fee reimbursement, and extensive small business services, including a virtual mall and storefronts.  Claritybank.com’s mission is to leverage its superior asset strategy with best-of-breed, 24/7 bilingual customer support and service to deliver the most competitive banking and loan products, both on- and off-line.

OnePipeline – Real Estate Brokers Lending Service (ReBLS) and its Web-based OnePipeline.com system are helping real estate and mortgage professionals move into Internet commerce without displacing any of the traditional industry players. The OnePipeline.com system is redefining the largest private industry in the world, the mortgage industry, by applying Internet technology to service partnerships, standardized processes and government compliance. The OnePipeline.com system ensures that industry professionals meet and exceed not only RESPA requirements, but their state laws as well, while maintaining the ability to offer their home-buying customers one-stop shopping for real estate, mortgage and title services. By applying the Application Service Provider (ASP) model to the mortgage industry, OnePipeline.com’s system is the leader in the emerging Mortgage Service Provider (MSP) category.

Capital.com – corporate finance b2b e-commerce site that offers business owners the ability to enter financial information and determine a valuation of his or her company using a number of measurements.  Capital.com also offers access to a range of financial services and capital finance sources, so executives can apply online for financing from a range of sources, and get the money necessary from the best source. This first-time extension of b2b e-commerce into corporate finance was launched by American Capital Strategies, Ltd., (Nasdaq:ACAS) and counts First Union Bank as a major investor and sponsor.

Click Commerce – is a business-to-business, ecommerce solutions provider that offers a full array of applications to help global manufacturers harness the power of the Internet to provide each member of its business partner network — distributors, dealers, purchasers, suppliers, consumers and employees — with real-time access to products, services and information, regardless of language, time zone or currency.

Retagbiz – I’m writing to see if a Jupiter analyst is available on Wednesday, March 15, to meet with redtagbiz.com, a business-to-business Internet exchange that facilitates and verifies all aspects of the transactions between wholesalers, retailers and merchandisers. CEO and Chairman Tom Petters will be in New York for the day, and would like to introduce you to the company and discuss how redtagbiz.com moves merchandise, secures payment and utilizes its proprietary electronic infrastructure.

iCoop – a Philadelphia based e-commerce firm and Application Service Provider that has launched the world’s first online buying cooperative, OfficeCoop.com. OfficeCoop (http://www.officecoop.com) allows members the opportunity to leverage their combined buying power and reduce prices on thousands of products and services. At the same time, iCoop is working closely with a number of Web sites–business and consumer–who plan to use the company’s patent pending aggregated buying technology for their own members. In a few days we will announce that a small business advocacy group with 50,000 members has entered into a partnership with iCoop. We will also be announcing that a large physician’s group has also purchased the right to use the iCoop technology online.  iCoop’s founder and CEO, Sashi Reddi, is a 31 year old Wharton School grad.

ServiceLane.com is preparing to launch in March as a network for connecting buyers and sellers of local home and business services. The company is unique in that it has two-tiered service provider screening and a customer feedback system, so consumers and small business can quickly and confidently select a service provider in their local market.

ExchangeAnything.com – launching its B2B/C2C barter and exchange site in early March.  They recently closed their first round of funding, news which I have attached below.  I also wanted to check your interest in a conference call briefing sometime the week of Feb. 28 or March 6, to get the full story prior to our public launch.  With ExchangeAnything.com, business and consumer community sites are enhanced with exchange technology for its members, allowing them to exchange, barter or donate items of interest to other members and organizations. On March 13, ExchangeAnything.com launches with several high profile co-branded partners in the family/parenting, university, printing and technology markets:  localmom.com, hitechclub.com, campuscareercenter.com, jeepers.com, inkselect.com and more.

Build Online – B2B e-commerce in Europe is Build-Online.com, the first B2B e-commerce site for the European construction industry. Build-Online provides two main services: a web-based projecting facility to eliminate inefficiencies in the project design phase of a construction project and the ability to facilitate online transactions.

Herhifi.com —a consumer electronics site geared towards women

StepInside.com, an exciting new online home decorating solution that will become the ultimate resource for premier home decorating products and information.  StepInside.com is backed by JCPenney, which allows it to leverage many of the resources that have made JCPenney.com a success in the online retail space.  StepInside.com is the second venture in JCPenney’s overall e-commerce strategy and non-JCPenney branded initiatives.  Scheduled to launch in May

ArtInsider – the leading online art gallery for popular and contemporary art, would like to meet with you the week of February 28th to discuss how their gallery fills a specific niche of the growing online art market. There are at least 10 legitimate contenders that entered this market in 1999 alone and the much anticipated launch of the Sotheby’s site is drawing attention to this space.

HotOffTheWire.com is a business-to-business e-commerce site where the 250,000 small and medium-sized retailers can purchase consumer goods merchandise to stock their stores, while saving time and money. It is a company using the Internet to help the bricks-and-mortar stores, and not to compete with them.  Manufacturers, such as Braun, Hunter Fan and Vidal Sassoon, have already turned to HotOffTheWire.com to bring their products to thousands of retailers that they dont have the time or resources to adequately service.  This site solves a problem that has been plaguing retailers and manufacturers for decades. Already the company has signed up hundreds of manufacturers, generated a number of large orders and closed a strategic round of venture financing.

Basement.com, the eMarketplace where companies post excess inventories and consumers purchase products at continually declining prices

StartupNetwork.com – an online recruitment site for high tech startups. StartupNetwork.com has met with Marissa Gluck in the past, and due to her transition out of “classifieds,” she suggested I contact Mike May.

Dash.com – the Web’s first mobile shopping portal to review some new developments and growth within the company. Dash has recently shifted its focus on its partners over marketing directly to consumers. The philosophy is to generate consumer usage through the loyalty of the partners. Financially, Omnicom recently took a 20% stake in the company adding it to it’s roster of Internet companies like Agency.com, Organic and Red Sky Interactive.

Hardware.com - no description provided

Looking for Hardware.com, I found an email note on Basement.com:

From our analyst: “Another B2C play repositioning itself as B2B infrastructure. Basement.com has pretty cool technology (automatic markdown for some interesting yield management), but the most likely buyer (Fairmarket) just developed their own technology to do the same thing.” then quoting email:

“—–Original Message—–

Sent: Wednesday, May 03, 2000 1:58 PM

Subject: Basement.com update

I am writing to let you know that Basement.com is moving in a new direction.  Basement.com, the shopping destination, is up for sale and we have refocused the core business on building infrastructure technology in the intelligent pricing and trading area.  The new company name is SummitLogic and I will be contacting you when we are prepared to discuss specifics.  However, I wanted to let you know about Basement.com and to tell you that you may be contacted by potential buyers of the shopping destination.  I’ll be in touch.  Hope all is well with you.  Thanks.”

 


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