| Business Summary | | GSV,
Inc.,
through
its
Internet
incubator
operations,
attempts
to
identify
and
develop
attractive
early-stage
Internet
companies,
and
to
provide
these
companies,
as
needed,
with
management,
marketing,
financing
(including
early-stage
seed
capital),
human
resources,
accounting
resources,
use
of
the
Company's
facilities
and
its
expertise
in
business
development.
In
exchange
for
these
services,
GSV
has
sought
to
obtain
equity
positions
in
these
companies
commensurate
with
the
level
and
nature
of
services
provided
and
the
state
of
their
development.
The
Company
was
an
online
consumer
and
direct
response
retailer
until
February
2000,
when
it
changed
its
core
strategy
to
that
of
an
Internet
incubator.
Consistent
with
the
change
to
its
strategy,
GSV
discontinued
its
two
online
retailing
divisions,
Cybershop.com
and
electronics.net,
in
February
2000
and
May
2000,
respectively.
In
August
2000,
GSV
sold
its
remaining
retailing
subsidiary,
Tools
for
Living. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GSV,
Inc.
aims
to
identify
and
develop
attractive
early
stage
Internet
companies,
and
to
provide
these
companies
with
assistance
in
management,
marketing,
financing,
human
resources,
and
business
development.
For
the
six
months
ended
6/30/01,
revenues
totaled
$28
thousand,
up
from
$0.
Net
loss
from
cont'd.
operations
totaled
$2.3,
up
from
$1.1
million.
Results
reflect
the
receipt
of
sublease
income,
offset
by
the
expenses
related
to
the
management
transition. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Gilad Gat Pres,
CEO, Director | -- | Harvey Doliner CFO,
Director | -- | Ian Phillips, 60 Director,
CEO of MG Acquisition Corp. | $131K | Howard Kuntz, III, 48 COO
of MG Acquisition Corp. | 131K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|