![Page 1: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/1.jpg)
An iBelay UpdateAn iBelay Update
January 27, 2000
![Page 2: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/2.jpg)
AgendaAgenda
• iBelay
• FastIdeas
• Colorado
• Market focus for investing
• Investments Status
![Page 3: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/3.jpg)
P4 P15P3P2
6 Month Execution
Venture Accelerator
$100 M Fund
![Page 4: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/4.jpg)
iBelay StrategyiBelay Strategy
• 15 portfolio companies in 2000• Position as public operating company• 10 of 15 companies will fit the
operating model• 2 liquidity events in 2000• Position for exit by Q4 2000
– IPO of operating company– sell to ICG, CMGI, Safeguard– long term hold
![Page 5: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/5.jpg)
StructureStructure
iBelay, LLC•Fund of Limited Partners
FastIdeas, LLCPete Estler, Managing Member
P4 P15P3P2
FastIdeas, Inc.Data centerTechnical consultingRecruitingFinance/admin and legalPhysical real estateBusiness planning and strategyMarketing communications
P1
Employees
Cash Cash Services Services Common SharesCommon Shares Preferred SharesPreferred Shares Non-Statutory OptionsNon-Statutory Options
iBelay Partners, LLCPete Estler & John
Moinester
![Page 6: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/6.jpg)
Status of FundingStatus of Funding
• Closed on $45 M - Dec. 6th
• 2nd Closing Scheduled Feb. 16th
• $55 M Targeted for 2nd Round– Shaw Comm. = $10 M– Shaw Family = $5 M– Tango = $??– Barnard = $50 M
• Possible Debt Financing for 2nd Round Deals
• Re-Investment Strategy
![Page 7: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/7.jpg)
Deals StatusDeals Status
Deals done
• DataPlay
• Epidemic Marketing
• NetLibrary
• Productbuzz
• Ereo
Deals pending
• FastIdeas• Grant Seekers• Contact Zone• Sub-Prime• Advantage
PEO• RT/One
![Page 8: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/8.jpg)
Target Deal StructuresTarget Deal Structures
Our Idea Their IdeaiBelay 70% 60%
Founder 0% 20%
CEO 15% 10%
Mgt/Emp* 15% 10%
*Includes FastIdeas Portion
![Page 9: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/9.jpg)
THE iBELAY THE iBELAY ACCELERATORACCELERATOR
![Page 10: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/10.jpg)
Accelerator Business ModelAccelerator Business Model
• Funded and 100% owned by iBelay
• $2M invested
• Break even on services delivered
• Focus– support execution of 6 month acceleration plan– success = 1st round funding within 6 months
= company stands on its own
![Page 11: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/11.jpg)
Accelerator ServicesAccelerator ServicesAccelerator ServicesAccelerator Services
• Data center• Technical consulting• Recruiting• Finance/admin and legal• Physical real estate• Business planning and strategy• Marketing communications• Networking/Rolodex
![Page 12: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/12.jpg)
Acceleration ProcessAcceleration Process6 month focus on four objectives
–prove the business model; rigorous metrics
–1st Customer–management team –scalable systemwrite
biz planprove business model
scale business
1 mo.$25 k 4-6 mo.
$1.5 M 3-12 mo.$15+ M
IPO/Exit
![Page 13: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/13.jpg)
Accelerator ManagementAccelerator Management
Options Pool
P1 P2 P3 P4 P15
Tom Ball
Data Center
TBD
Staffi ng
J ohn H ickey
Operations
Larry Engle
Fin/Lgl/Adm
TBD
Marketing
P ete Es tler
CEO/P res ident
5%5% 5% 5% 5%
![Page 14: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/14.jpg)
COLORADOCOLORADO““The Wild Wired West”The Wild Wired West”
![Page 15: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/15.jpg)
COLORADO: COLORADO: The Wild Wired WestThe Wild Wired West
• job growth• educational attainment• economic vitality
The nation’s leader in...
![Page 16: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/16.jpg)
• 2nd highest concentration of hi-tech workers• 2nd highest percentage of population online• 3rd highest percentage of PC households
• 3rd highest percentage of Web-enabled businesses
A wired work force...
COLORADO: COLORADO: The Wild Wired WestThe Wild Wired West
![Page 17: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/17.jpg)
• #3 domestic relocation destination• Governor’s Commission on Science and
Technology• Colorado Institute of Technology
– $250M initiative to build the “MIT of the West”
• Reasonable cost of living– Denver: 90% San Francisco, 67% Boston– Boulder: 68% Menlo Park, 84% Cambridge
Future forces...
COLORADO: COLORADO: The Wild Wired WestThe Wild Wired West
COLORADO: COLORADO: The Wild Wired WestThe Wild Wired West
![Page 18: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/18.jpg)
Future forces…VC investment in formative stage Internet ventures: Q1-3, 1999
COLORADO: COLORADO: The Wild Wired WestThe Wild Wired West
COLORADO: COLORADO: The Wild Wired WestThe Wild Wired West
Per Capita
0 5 10 15 20 25 30
CA
MA
CO
WA
TX
NY
NJ
PA
VA
FL
$58.1 M invested in 1st three Quarters of 1999
![Page 19: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/19.jpg)
Colorado’s Anchor Colorado’s Anchor Technology CompaniesTechnology Companies
Colorado’s Anchor Colorado’s Anchor Technology CompaniesTechnology Companies
![Page 20: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/20.jpg)
THE DIRECT MARKETING THE DIRECT MARKETING OPPORTUNITYOPPORTUNITY
![Page 21: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/21.jpg)
DM &Brand Advertising: $370B in 2003DM &Brand Advertising: $370B in 2003
1999 $107.9
$173.7
2003 $148.5
$221.6
Brand AdvertisingDirect Marketing
• iBelay will capitalize on shifts within DM
7.1% CAGR
![Page 22: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/22.jpg)
2003
$52.7
$26.3 $84.5
$21.7$11.5$7.9$5.5$17
Direct Mail DR TVTelemarketing NewspaperMagazine RadioInternet Other
1999
$41.8
$20 $66.2
$17.1$9
$6.1$0.75
$13.5
DM Break Out: $222B in 2003 DM Break Out: $222B in 2003
• iBelay focuses on the Internet channel
6.2% CAGR
![Page 23: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/23.jpg)
Online Advertising Media Online Advertising Media Spending TrendsSpending Trends
$0
$1
$2
$3
$4
$5
$6
$7
$8
$9
1999 2000 2001 2002
Jupiter
Forrester
YankeeGroup
• 51% CAGR over the next 3 years
![Page 24: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/24.jpg)
2003
35%
65%
Online Shift to DM: $5.5B in 2003Online Shift to DM: $5.5B in 20031999
75%
25%
• DM share of Interactive advertising swells from 25% in 1999 to 65% in 2003
64.3% CAGR
![Page 25: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/25.jpg)
2004
$365
$1,300
$114
$16.8
Advertising EcommerceEBPP CRM
Email the DM ‘Killer App’Email the DM ‘Killer App’
• Email poised to become the cornerstone of multiple high-growth markets
1999
$255
$51$15 $3.7
![Page 26: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/26.jpg)
Email TrendsEmail Trends
• The most widely used Internet application• 99M Americans sent 335M emails daily in
‘99– number of boxes will double within 3 years– daily volume will quadruple
• Distinction between email messaging, marketing and customer service blurring
![Page 27: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/27.jpg)
OPPORTUNITIES RESULTING OPPORTUNITIES RESULTING FROM BROADBANDFROM BROADBAND
![Page 28: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/28.jpg)
![Page 29: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/29.jpg)
![Page 30: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/30.jpg)
![Page 31: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/31.jpg)
Shift in Consumer BehaviorShift in Consumer Behavior
• Effects– More Time Online– Access from
Anywhere– More Online
Spending
• Causes:– Lower Cost– Availability– Ease of Installation– Consistency of
Promotion
•Consumers get What they want, When they want , Where they want
![Page 32: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/32.jpg)
Why Broadband?Why Broadband?
• Today vs. Tomorrow– Which would you choose?
• 56.6kbps vs. 36mbps Connections• Dial-up vs. Always on • Text based vs. Rich, Interactive Content• Expensive vs. Cheap Broadband Access• Lines at the Mall vs. e-Commerce
Anywhere
![Page 33: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/33.jpg)
![Page 34: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/34.jpg)
AT&T Projection :
253% CAGR
DLJ Projection : 76% CAGR
100
1,000
10,000
100,000
1,000,000
1998 1999 2000 2001 2002 2003
Gig
ab
its p
er
Seco
nd
Internet Network capacity doubles every 9 monthsInternet Network capacity doubles every 9 monthsInternet Traffic doubles every 100 daysInternet Traffic doubles every 100 days
Source: Red Herring Feb. 2000Source: Red Herring Feb. 2000
Bandwidth Demand ProjectionsBandwidth Demand Projections
![Page 35: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/35.jpg)
OPPORTUNITIES RESULTING OPPORTUNITIES RESULTING FROM THE SHIFT FROM PCs FROM THE SHIFT FROM PCs TO INTERNET APPLIANCESTO INTERNET APPLIANCES
![Page 36: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/36.jpg)
Information Explosion not Just Information Explosion not Just for PCsfor PCs
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
1995 1996 1997 1998e 1999e 2000e 2001e
Millions of Content Windows
Includes Web pages and cable and broadcast TV channelsSource: McKinseye=estimated CAGR 150%
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
1995 1996 1997 1998e 1999e 2000e 2001e
Millions of Content Windows
Includes Web pages and cable and broadcast TV channelsSource: McKinseye=estimated CAGR 150%
84.7% CAGR for Internet Appliances84.7% CAGR for Internet Appliances
![Page 37: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/37.jpg)
Market Shifts away from PCsMarket Shifts away from PCs• Mobility revolution
– more mobile devices than PCs connected in 2003– 1Billion handsets by 2003– 51% growth in Personal Companions
• Device independence– browser access to data and applications
• Home networks– 10 M U.S. homes will be digitally remodeled by ‘02
$35 B Wireless Data Rev. in Europe by 2003$35 B Wireless Data Rev. in Europe by 2003
![Page 38: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/38.jpg)
Wireless Internet AccessWireless Internet AccessPortable
PCs37%
Handheld Devices
7%Smart
phones56% Portable
PCs24%
Handheld Devices
6%Smart phones
70%
17.2 M Wireless Data
Computing Devices in
2000
134.3 M Wireless Data
Computing Devices in 2004
2 Billion Short Messages per Month in Europe2 Billion Short Messages per Month in Europe
![Page 39: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/39.jpg)
Wireless Data RevenueWireless Data RevenueEuropean Market Forecast by ApplicationEuropean Market Forecast by Application
services/e-commerce = $18 Bservices/e-commerce = $18 Bcorporate extensions = $12 Bcorporate extensions = $12 B
2003
![Page 40: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/40.jpg)
Device IndependenceDevice Independence
Hardware:cell phone
PDA
television
pager
radio
Application:voice
management
video
music
![Page 41: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/41.jpg)
Home NetworksHome NetworksPenetration and RevenuesPenetration and Revenues
0
10
20
30
40
50
60
70
80
1999 2000 2001 2002 2003
Mill
ion
s o
f U
S H
ou
seh
old
s
0
200
400
600
800
1,000
1,200
1,400
1,600
Mill
ion
s o
f $
Networked HouseholdsOn-line Households
PC HouseholdsRevenues from Home Networking
![Page 42: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/42.jpg)
Why One Market Segment?Why One Market Segment?
Convergence of course• Phones were used for talking• Pagers were used for paging• PDAs were used for information
Shift to application centric - platform independence
• Phone, pager, PDA - just a device to run applications that–carry voice, message, store information
![Page 43: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/43.jpg)
Wireless Data EnvironmentWireless Data Environment
Wireless data
Software
Content
Wireless
op
erators E
qu
ip.
and
dev
ices
iBelay’s Focus
![Page 44: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/44.jpg)
Opportunities/ConclusionOpportunities/Conclusion
• Applications that take advantage of information explosion served to all Internet/Information Appliances
• Applications that take advantage of mobile platforms/carrier technologies/protocols
• Sharpest focus on intersection with direct marketing, broadband, and e-commerce
![Page 45: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/45.jpg)
CAPITALIZING ON BUSINESS CAPITALIZING ON BUSINESS TO BUSINESS (B2B) TO BUSINESS (B2B)
COMMERCE SHIFTING FROM COMMERCE SHIFTING FROM OFF-LINE TO ON-LINEOFF-LINE TO ON-LINE
![Page 46: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/46.jpg)
B2B Market SpaceB2B Market Space
• 1/4 of all B to B purchases made online by 2003
• Software spending to support B2B commerce– $1.65B in 1999 – $22.5B in 2004
• $43 B online trade of hard goods in 1998, will surge to $1.3 T by 2003 – an annual growth rate of 99%.
![Page 47: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/47.jpg)
Reasons for ShiftReasons for Shift
• Attracts new customers
• Reinforces customer relationships
• Improves sales channels
• Improves post-sale services
• Removes inefficient distribution
![Page 48: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/48.jpg)
TrendsTrends
![Page 49: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/49.jpg)
TrendsTrends
![Page 50: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/50.jpg)
0
200
400
600
800
1000
1200
1400
B2C 8 18 33 52 76 108
B2B 43 109 251 499 843 1331
1998 1999 2000 2001 2002 2003
E-commerce Breakout (B $)E-commerce Breakout (B $)
![Page 51: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/51.jpg)
STATUSSTATUSDeals Done
•DataPlay
•Epidemic Marketing
•NetLibrary
•Productbuzz
•Ereo
![Page 52: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/52.jpg)
Business ConceptBusiness Concept
• Web enabled digital content distribution media and storage device for portable information appliances and hand-held consumer entertainment devices
• Drive and Media will be about the size of a match book
![Page 53: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/53.jpg)
Deal StructureDeal Structure
• Deal
![Page 54: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/54.jpg)
Business ConceptBusiness Concept
• Viral Email Marketing
• Email That Pays
• True One-to-One Marketing
• B-to-C Affiliate Model
• Launched in November
![Page 55: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/55.jpg)
Deal StructureDeal Structure
Shares Ownership
• Founders 5,350,000 39.95%• Sequel VP 3,501,406 26.14%• World VP 1,250,000 9.33%• Option Pool 3,000,000 22.40%• Other 291,867 2.18%
![Page 56: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/56.jpg)
Business ConceptBusiness Concept
• E-books for institutions and individuals
• $32 B U.S. and $100 B non-U.S. English publishing market
• Targeting 50 Million U.S. Library patrons
• Launched product in mid ‘99
• iBelay can help create Internet and data industry partnerships
![Page 57: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/57.jpg)
Funding SummaryFunding Summary
Funding History• Series A 8/98
– $5 M
• Series B 5/99– $25 M
• Series C 10/99– $72 M
• Series D 1/00– $15-20 M
iBelay’s Investment• Series D• $5 M• x,xxx,xxx Preferred
Shares• Y.Y% diluted
ownership
![Page 58: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/58.jpg)
Business ConceptBusiness Concept
• Become the Internet’s largest and most robust provider of product information-focused business communities.
• Our content aggregation and ecommerce referral strategy uniquely positions us to become the leading infomediary in the emerging $1.5 trillion online B2B ecommerce market
![Page 59: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/59.jpg)
Deal StructureDeal Structure
• Series A Convertible Preferred• Funding Sought $10 to $12 million• max. $4 million Co-Investment by Current
Sareholders (pari passu)
![Page 60: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/60.jpg)
Ereo? - No infoEreo? - No info
![Page 61: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/61.jpg)
STATUSSTATUSPending Deals
•FastIdeas
•Grant Seekers
•Contact Zone
•Sub-Prime
•Advantage PEO
•RT/One
![Page 62: An iBelay Update January 27, 2000 Agenda iBelay FastIdeas Colorado Market focus for investing Investments Status](https://reader030.vdocument.in/reader030/viewer/2022032707/56649e215503460f94b0d787/html5/thumbnails/62.jpg)