December 5, 2000 |
Oxygen Media Inc., an Internet and cable-television company that caters to women, said it had received $100 million in new funding from Vulcan Ventures Inc., the investment company run by billionaire Paul Allen, Microsoft Corp.'s co-founder. The money will let New York-based Oxygen develop new Internet and cable-programming services and increase its cable subscribers, a spokeswoman said.
May 9, 2001 |
Billionaire investor Paul Allen might be moving off TheStreet.com Inc. (TSCM). Vulcan Ventures Inc., an investment vehicle for Allen, the co-founder of Microsoft Corp., and InfoSpace Inc. (INSP) might each sell their 2.4% stakes in TheStreet.com Inc., according to a regulatory filing. InfoSpace, which sells electronic-commerce services, and Vulcan each hold 670,167 common shares in TheStreet.com, a New York-based Web site that provides financial commentary and news. TheStreet.
August 5, 1999 |
Allegiance Telecom Inc. said Paul Allen's Vulcan Ventures Inc. will pay $75 million for a 2% stake in the local phone operator, with the option to increase that stake to 10%. As part of Microsoft Corp. co-founder Allen's "wired world" strategy, his investment firm Vulcan Ventures will buy 1.5 million shares of Allegiance common stock from its existing private equity investors at $50 per share.
August 2, 2000 |
Technology investor Paul Allen and cable television operator John Malone came to the aid of Priceline.com Inc. on Tuesday, pouring $190 million into the struggling Internet retailer that allows shoppers to "name their own price" and giving its stock a badly needed boost. Microsoft Corp. co-founder Allen, through his investment arm Vulcan Ventures Inc. and Malone, as chairman of AT&T Corp. cable programming group Liberty Media Corp.
June 4, 1999 |
Computer billionaire Paul Allen is negotiating an agreement to invest $100 million in Oxygen Media for less than 10% of the venture, which was formed last year by cable veteran Geraldine Laybourne to produce women's programming for television and the Internet. Neither party would comment, but sources close to Allen say the deal underscores the Microsoft Corp.
September 20, 1999 |
Paul Allen is no longer the "accidental zillionaire." That was the tag attached to him in a 1994 Wired magazine article summing up the Microsoft (MSFT) co-founder's investment program as dabbling and driven by a half-baked view of the future. Yet five years later, Allen has become one of the Internet economy's most successful and influential investors.