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 Internet Capital Group (ICGE) (Page 4)
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| Author | Topic: Internet Capital Group (ICGE) |
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JHirsch |
posted 09-20-1999 05:13 PM
 
techbull I disagree. Granted these VCs strike out a lot more than they hit home runs, but i don't think they are just guessing. At worst they are making very educated guesses. The other factor is that the good once like CMGI, ICGE, Kleiner Perkins etc have an infrastructure and people in place that sit on boards and offer advice and help to the companies that they invest in. That fact cannot be overlooked. If that wasn't the case everyone with a chunk of money would become a venture capitalist (as long as they could live with some risk... although i'd say if you diversify enough you could diversify away the risk too) I do agree with you that these companies are overvalued despite what i've just said about how much better they are than pure guessing Jake |
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Machiavelli |
posted 09-20-1999 04:48 PM
Can anyone tell me the track record of ICG? How well have they done financing Internet companies? I know Softbank's record real well, and is a reason why I'm a big Softbank fan. But why are we saying ICG and CMGI are extremely overvalued? I have know idea what ICG has invested in, or how those investments have fared, so if anyone has any info regarding this stuff, I'd appreciate it. Also, going back to JJJ's earlier comment, how is ICG different from CMGI? As far as I can tell, ICG is basically an investment fund with no real business, just like CMGI was before they bought Alta Vista. What's the difference between investing in ICG, and say, an Internet fund or index? |
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techbull |
posted 09-20-1999 12:36 PM
... and now it's blown past CMG. ICG is now at $11 billion, and CMG is at $8 billion. Both are seriously overvalued. I think investors are assuming that these guys hit home runs every time they step up to bat, but they don't, they're guessing just like we are... |
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newsman |
posted 08-25-1999 04:03 PM
ICGE had another big run-up today, and its market cap is now approaching that of CMG, which is bigger and more experienced. I think this stock is getting way ahead of itself. |
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InvestorGuide Weekly Administrator |
posted 08-16-1999 09:17 AM
Newly public VC fund Internet Capital Group could be a dangerous bet. http://www.redherring.com/insider/1999/0807/vc-icg.html |
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newsman |
posted 08-05-1999 01:49 PM
IPOed today. Offered at 12, doubled right out of the gate, currently at 23. Anyone getting in? |
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Ronnie Rogers |
posted 07-27-1999 08:57 AM
I'm not aware of any issues ICG might have with the SEC. I would be very surprised if ICG wasn't complying with the rules, because it was founded by two execs from Safeguard Scientifics, a publically traded VC company. Also, I don't know what would be bad about the SEC labelling ICG an investment fund. If anyone knows more on this subject, I'd be interested to hear the details. |
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Joey Joe Joe |
posted 07-26-1999 01:21 PM
Isn't ICG in danger of being labelled an "investment fund" by the SEC? As I read in the CMGI board, the reason Alta Vista was necessary for CMGI was because since their business was mainly investing in other companies, they needed to make a substantial move towards the operations side, and Alta Vista fit the need perfectly. How is Internet Capital Group any different? |
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terrific |
posted 07-26-1999 11:55 AM
A few more companies they have partial ownership of: Deja.com, Arbinet Global Clearing Network, Breakaway Solutions, ComputerJobs.com, and PrivaSeek. |
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Scott McCormick |
posted 07-23-1999 02:15 PM
Their managing director is Sam Jadallah, formerly Microsoft's VP of worldwide enterprise sales... the perfect guy for the job. I'm sure ICG had to give up a lot to get him, but it was probably worth it. |
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trendy |
posted 07-23-1999 01:26 PM
I think the only IPO they've done so far was VerticalNet. |
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scripter |
posted 07-23-1999 10:13 AM
ICG is like a small CMG, except that ICG is focusing specifically on business-to-business sites. If it goes at the offering price, it'll have a market cap of about $1.5 billion. I'd be interested to know what the market value is of shares they own in companies they've already taken public. I'd be surprised if it was more than a couple hundred million. |
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Mayor of Investorville Administrator |
posted 05-17-1999 12:39 PM
Internet Capital Group owns stakes in over 30 internet companies, especially e-commerce startups, including VerticalNet, BidCom, Arbinet, ClearCommerce and Smart Technologies. The company filed to go public in May but the IPO date hasn't been set yet. (source: SEC filing) |
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