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   Technology Stocksdivine interVentures, Inc. (DVIN)


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To: Glenn Petersen who wrote ()1/21/2000 7:17:00 PM
From: astyanax
   of 246
 
The regulatory threat posed by the Investment Company Act of 1940. I'm not a legal guru or fund analyst, so maybe someone can chime in with thoughts/clarifications on my post:
Message 12642850

- Netconductor.com

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To: Susan G who wrote (16)1/22/2000 12:51:00 AM
From: Glenn Petersen
   of 246
 
Flipowski's definition of Zaibatsu (from the Red Herrring magazine article):

"It's a Japanese term used prior to World War II, prior to Japan opening its borders to international trade. At the time, successful businesses were all in cahoots with each other. They were formed around family structures in which folks got together and worked together. Zaibatsus rose to prominence and owned the various industrial bases that Japan built itself on. When the United States occupied Japan, it outlawed zaibatsus, weakening them to form the keiretsus we know today without the necessary central decision making."

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To: Glenn Petersen who wrote ()1/24/2000 1:12:00 PM
From: astyanax
   of 246
 
Article: "Neoforma Skyrockets Over 330% in Its Trading Debut"
thestreet.com

- Netconductor.com

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To: astyanax who wrote (23)1/25/2000 8:57:00 AM
From: Glenn Petersen
   of 246
 
Not bad. A $54.8 MM profit on a three month old $6.7 MM investment.

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To: Glenn Petersen who wrote ()1/28/2000 11:39:00 AM
From: astyanax
   of 246
 
Flip TV interview yesterday, here's my brief summary. It was on WTTW in Chicago, they said more info could be found on their homepage, but I found nothing about Flip there:
wttw.com

Flip son of immigrants (from Poland??) and spoke no english till 1st grade. Dropped out of college.

He highly objected to people calling DVIN a "VC" or "incubator".

When interviewer said if "conglomerate" was more appropriate, Flip heartily agreed, with added qualification "but we are a new conglomerate, we don't fully acquire our companies"

praised Mayor Daley again (well, Daley wields more power than anyone realizes)

seeks to use Internet Zaibatsu to create "unfair" playing field for their advantage. will be an "undefeatable coalition". "all companies will look like this within 10 years"

predicts corporations will/should take over public schools

refers to affiliate companies as "component companies", which fits well with a zaibatsu model.

- Netconductor.com

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To: Glenn Petersen who wrote ()1/28/2000 3:25:00 PM
From: astyanax
   of 246
 
Alert: Commerx [CMRX] files for IPO. See freeedgar.com or edgar-online.com for 1/26 filing. I believe this DVIN holding is itself structured as a holding company for various vertical commerce marketplaces. I think one of their big holdings is plastics.net, which has been around for a few years.

Will Commerx explode like the last DVIN IPO, Neoforma.com?
Cool, the company is located at only a 10 minute walk away from my office. Maybe I can get a wad of plastic during my lunch break.

- Netconductor.com

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To: astyanax who wrote (26)1/30/2000 9:07:00 AM
From: Glenn Petersen
   of 246
 
Per the DVIN S-1, DVIN owns 1.0% of Commerx. ICGE owns 39.8%. From the Commerx S-1:

sec.gov

Commerx creates business-to-business electronic marketplaces that enable buyers and sellers in industrial processing markets to transact business on the Internet. We target industrial processing markets characterized by large numbers of buyers and sellers, high levels of fragmentation, inefficient supply chains and large transaction volume. Our first marketplace is PlasticsNet.

PlasticsNet provides a secure, supplier-neutral, buyer-focused marketplace that streamlines the procurement of plastics products and services. We currently offer for sale on our procurement center over 30,000 plastics products, or SKU's, from approximately 50 suppliers. We also have recently signed strategic agreements with suppliers that provide us access to additional products that we are currently adding to the PlasticsNet marketplace. These agreements will provide us with over 1,000 direct materials products, such as resins and additives, from a relationship with Ashland Inc. and over 400,000 maintenance, repair and operations, or MRO, products from a relationship with MSC Industrial Direct Co. Inc. Our marketplace had approximately 73,000 user sessions during December 1999 and currently has over 35,000 registered user accounts. In 1999, Business Marketing, an Advertising Age publication, ranked PlasticsNet as the fourth-best business-to-business Web site out of 300 surveyed in the U.S. based on a variety of criteria, including ease of navigation, design, presentation of information and e-commerce capabilities.

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To: astyanax who wrote (26)2/1/2000 10:36:00 AM
From: Glenn Petersen
   of 246
 
DVIN opens an office in Austin, Texas:

biz.yahoo.com

Tuesday February 1, 10:02 am Eastern Time

Company Press Release
SOURCE: divine interVentures inc.

divine interVentures Expands to Texas to Grow Its B2B E-Commerce Family

divine Austin to Strengthen the City's Leadership in the New Economy

CHICAGO, Feb. 1 /PRNewswire/ -- divine interVentures inc. (divine.com) is opening a new location in high-tech hot spot Austin, Texas, as part of its strategy for growing its econet of business-to-business e-commerce companies.

divine, a Chicago-based Internet operating company actively engaged in B2B e-commerce through a network of partner companies, is looking to strengthen Austin's leadership and add new startups and corporate spinouts to its synergistic community of Internet businesses.

``Expanding our Internet Zaibatsu(TM) community to other tech-savvy locations supports our vision of helping cities build business-to-business e-commerce centers and helping our partner companies to focus on their core business so they can get to market faster,' said Andrew ``Flip' Filipowski, chairman and CEO of divine interVentures, ``divine Austin is the first of several new locations we expect to open as we become a leader in the new economy.'

Local Contacts for Austin Entrepreneurs

As in Chicago, divine Austin will acquire significant interests in, operate and provide services to B2B e-commerce companies, but with a focus on companies based in Austin and across Texas. Now, Texas entrepreneurs and executives can submit their business plans via the Web at divine.com or contact divine Austin directly at 512-514-6297.

divine Austin has taken office space at 7000 MoPac Expressway, as part of a phased build-out plan. Ultimately, divine will establish a technology habitat in the heart of Austin's ``Digital Downtown.'

``divine will be a catalyst for growth in Austin and help the state of Texas as it becomes a powerful technology and market innovator,' said Bob Langer, executive managing partner-Austin, divine interVentures.

Heading up the divine Austin team are Langer and Wade Hansen, managing partner-Austin. They will assemble a team of seasoned business professionals with operational expertise, market experience, strategic development and investment skills to support Texas entrepreneurs. Both Langer and Hansen joined divine from Dell Computer, where they held senior positions in the Online and Dell Ventures teams. Dell is an investor in divine interVentures.

About divine interVentures

Chicago-based divine interVentures, inc. is an Internet operating company actively engaged in business-to-business e-commerce through a network of partner companies. Through the Internet Zaibatsu(TM) community, divine's family of companies collaborates to create success through a tightly linked network. divine acquires significant interests in, operates and provides services to its partner companies. divine's services include operational support, strategic guidance, incubation, marketing, Web design and development, sales, IT hosting, legal and administration. These services provide partner companies with an operating framework so they can focus on their core business, shorten time to market and build Internet commerce leadership. More information is available at www.divine.com .

SOURCE: divine interVentures inc.

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To: astyanax who wrote (26)2/1/2000 2:08:00 PM
From: Edwin S. Fujinaka
   of 246
 
Net,...This filmed interview with Filipowski should be must viewing for anyone who intends to invest in DVIN. The most interesting aspect of the Company is their poitical connection to the Chicago establishment, namely Mayor Daley. The Daley clout (the current Mayor's late Father) is legendary and the Kennedy's probably still owe the Daleys for getting JFK elected. Anyway, view the Filiowski interview at the following site:

google.com

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To: Edwin S. Fujinaka who wrote (29)2/1/2000 5:11:00 PM
From: astyanax
   of 246
 
Thanks Edwin. I found the 1 1/2 minutes of video at 23:00 was a gold mine (discussing the philosophy behind the zaibatsu).

Glenn, thanks for the newswire on the expansion into Texas. That's no surprise, DVIN was preparing that unit per Michael Dells' request. Along with Dell, Microsoft is an investor and apparently convinced DVIN to open a branch there, which is apparently in the works.

- Netconductor.com

Edwin S. Fujinaka wrote:
Net,...This filmed interview with Filipowski should be must viewing for anyone who intends to invest in DVIN. The
most interesting aspect of the Company is their poitical connection to the Chicago establishment, namely Mayor
Daley. The Daley clout (the current Mayor's late Father) is legendary and the Kennedy's probably still owe the
Daleys for getting JFK elected. Anyway, view the Filiowski interview at the following site:

google.com.

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