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Firmage Returns To Lead New USWeb/CKS Venture

From: Stig Agermose <stig.agermose@get2net.dk>
Date: Fri, 18 Jun 1999 02:36:22
Fwd Date: Fri, 18 Jun 1999 12:43:55 -0400
Subject: Firmage Returns To Lead New USWeb/CKS Venture


Source: Tech Wire,

http://www.techweb.com:80/wire/story/TWB19990616S0010

Stig

***

Technology News

Firmage Returns To Lead New USWeb/CKS Venture

(06/16/99, 2:49 p.m. ET)

By David Jastrow, Computer Reseller News

**

USWeb/CKS co-founder Joe Firmage is returning to the spotlight
to head the formation of a newcompany venture called Intend
Change.

Firmage left USWeb in January to focus on leading the
International Space Science Organization, a nonprofit group
dedicated to exploring the possibility of extraterrestrial life.

At a press event held Tuesday at the San Francisco Museum of
Modern Art, Firmage and USWeb/CKS president and co-founder Tobey
Corey said Intend Change will provide venture capital funds,
consulting, marketing, and organizational planning services for
a small number of innovative Web-based start-up companies.

"Joe and I have had the opportunity during the last three and a
half years to really eat, drink, and sleep the Internet," Corey
said. "That's given us a very clear perspective to really see
what we call the Internet economy as it begins to really evolve
and take shape."

Intend Change will work with USWeb/CKS to provide end-to-end
services that take new Internet-based businesses through the
complete e-business cycle, from initial idea to full operation,
Corey said.

In addition to USWeb/CKS, Intend Change has several major
investors, including Softbank Technology Ventures, Crosspoint
Venture Partners, Wheatley Partners, the Cutler Group, and Odeon
Capital.

Corey said he plans to act as a liaison between USWeb/CKS and
Intend Change and will serve as a principal with the new firm.

"Intend Change and USWeb/CKS provide complementary services
designed to fuel the growth of breakthrough Internet businesses
that will become the leading enterprises of the future," Corey
said. "We have observed that this is a very new space with very
new rules. And there are basically just a handful of individuals
that have figured out how to successfully compete in the new
economy."


Related Stories:

*High Finance Becomes E-Finance -- The E-Channel Currency

*Firmage To Launch New Consulting Business -- Former USWeb CEO Will Address
The Critical Need For Internet Strategy Consulting


Copyright


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