Oak Investment Partners    http://www.oakinv.com/

Took 15 companies to successful IPO in 1997 - 99.

Over the last twenty years Oak has actively participated in the repeated waves of innovation that have swept through our economy. Oak companies have been notable contributors to innovation in the IC, PC, Networking, Specialty Retail, Biomedical & Wireless industries.

Focus: Equipment, software and services used to scale the internet's capacity, capability and accessibility; Wireless devices and systems that bridge the internet’s last mile; Systems that expand the capabilities that can be accessed from the internet to support portals and e-businesses; Software and services used by businesses to increase growth and productivity, enhance basic customer service and optimize coordination; Consumer offerings on the internet (dot com) and in the brick and mortar (retail) world; Component software and devices, technology services and healthcare.

Palo Alto: Oak Investment Partners, 525 University Avenue, Suite 1300, Palo Alto, CA 94301 Tel: (650) 614-3700 Fax: (650) 328-6345

Westport: Oak Investment Partners, One Gorham Island, Westport, CT 06880 Tel: (203) 226-8346 Fax: (203) 227-0372

Minneapolis: Oak Investment Partners, 4550 Norwest Center, 90 South Seventh Street, Minneapolis, MN 55402 Tel: (612) 339-9322 Fax: (612) 337-8017

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Partech International ` http://www.partechintl.com/index1.html

Five companies successfully brought to IPO in 1999.

Over $300 million in venture capital assets invested in companies in the US, Europe & Asia.

Looks for: International market focus, Information Technology, Life Sciences, Business Services.

Wants to have a large market opportunity -- look at growth rate and what drives it. What are the technical barriers to competition? Are there any business barriers? What's the competition like? Wants a complete summary of the management team, both professional and edducational. Most important of the financial information is revenue forecasts and cash requirements.

Partech International, Inc. 50 California Street, Suite 3200, San Francisco, CA 94111 - Tel: (415) 788-2929 Fax: (415) 788-6763 http://www.partechintl.com

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Robertson Stephens & Company, LLC (See Also: BancBoston) http://www.rsco.com/

Investment bank with 14 portfolio companies brought to IPO 1997 - 99. 1999 Year-to-date, the firm has completed over 180 public offerings and over 40 private offerings, raising more than $30 billion in capital for clients.

"Our success is driven by our ability to identify quality growth companies and our commitment to providing comprehensive financial services through every stage of the business life cycle."

Focus: Internet, Technology, Life Sciences & Health Care, Information & Business Services, Retail & Consumer Products, Real Estate, Telecommunications, Gaming & Lodging, Broadcasting.

FleetBoston Robertson Stephens Inc. Headquarters, 555 California Street, Suite 2600, San Francisco, CA 94104 Tel: (415) 781-9700

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Sequoia Capital    http://www.sequoiacap.com/

Took 22 portfolio companies to IPO in 1997 - 99.

Sequoia has financed more than 350 early stage technology companies. More than 100 of these companies have gone public or been sold . Sequoia has managed more than $750 million for institutional investors and invests at every stage of a private company’s development. Three of Sequoia’s Partners are immigrants.

They prefer early stage investments to be on the West Coast. They invest in post beta stage companies around Boston and Austin and will invest nationwide in more mature companies. They invest anywhere from a $50,000 seed investment to $10 million.

Look for: *Startups that will attack markets poised for rapid growth. Companies that can gain the largest market share in large markets. *Investment areas that show the potential to blossom into markets that are over $1 billion.

Incubator Sequoia has space and ability to house seed stage companies that are developing business concepts. Advantage, besides location, is the ability to use Sequoia’s network resources. Graduates of Sequoia’s incubator include Electronic Arts, PMC-Sierra and Yahoo.

Sequoia Capital, 3000 Sand Hill Road, Bldg. 4, Suite 280, Menlo Park, CA 94025 Tel: (650) 854-3927 Fax: (650) 854-2977

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Softbank Technology Ventures    http://www.sbvc.com/

Took 15 companies successfully to IPO in 1997 - 99.

$636 in the current fund for early-stage investments, $1.2 billion in the later stage sister fund Softbank Capital Partners. Investment size depends on the stage of the company, generally want to be the lead investor and end up owning @ 20% of the company post-financing. Minimum $500,000 and up to $10,000,000 or more.

Incubator: Hotbank, provides entrepreneurs with expertise and resources in finding talented managers, great legal resources, financial, information technology, investment and human rsources.

Focus: *Internet: Geographical: 65% of investments are in California, 20% are outside of California but West of Colorado, 15% are in New York and Boston

Common Reasons for Rejection: *Conflict with existing portfolio company Insufficient expertise -- the product or service lies outside their focus. *Money being raised and/or valuation does not fit in their portfolio for 'balance' reasons. *Appropriate managing director is at capacity with other deals. *They can't cover your geography sufficiently given the stage of the company’s development.

Softbank Venture Capital 200 West Evelyn Ave., Suite 200, Mountain View, CA 94043 Tel: (650) 962-2000

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Summit Partners    http://www.summitpartners.com/

22 portfolio companies made an IPO in 1997 - 99.

Focus: Profitable companies in the software, technology, healthcare, information services, and financial services industries. They also have extensive experience in management-led buyouts and re-capitalizations in high value-added manufacturing and service industries.

Summit has a capital base of over $3.3 billion, including equity, subordinated debt funds, and hedge funds. Summit has an industry-wide reputation as a lead investor. Their principals have financed almost 200 successful young companies which have completed initial public offerings or mergers. Their funding strength stems from partners, including major banks, corporations, pension funds, endowments, and insurance companies in the United States, Europe, and the Far East.

In addition to financial capability, their professional staff has over 200 cumulative years of industry experience. Their strategy is to seek and support outstanding management teams who typically have self-financed their companies to profitability and a leading market position.

Areas of investment interest are: Healthcare Investments, Networking & Communications, Software Investments, Systems & Peripherals Investments, Specialized Services Investments.

Boston: Summit Partners, 600 Atlantic Avenue, Suite 2800, Boston, MA 02210-2227 Tel:(617) 824-1000, Fax: (617) 824-1100

Palo Alto: Summit Partners, 499 Hamilton Avenue, Suite 200, Palo Alto, CA 94301 Tel: (650) 321-1166, Fax: (650) 321-1188