Back to Contents of Issue: June 2001
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![]() Last year we showed you "Five Hot Startups" (page 36, September 2000). We had confidence in the picks, but couldn't predict what fate had in store for the ventures. Mostly good things, it turns out (at least so far). Wireless/wireline security provider Open Loop went public on Nasdaq Japan in early March; its share price promptly shot up six-fold (in a bear market). Groupware venture Cybozu IPOd (on Mothers), as did wireless Web content play Cybird (on the OTC). XML software developer Infoteria found shelter under the wing of Dream Incubator, which will support Infoteria's operations -- including customer base development -- in exchange for stock. DSL play eAccess is still toughing it out against NTT (see the "Mission Impossible For Broadband Providers?" on page 48). Of course, with over $40 million in backing from the likes of Nippon Insurance, Fuji Bank, Mitsubishi Bank Capital, Sycamore, and Orix, eAccess has plenty of firepower. |
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