IPOs/recent issues: Handspring –

Mountain View, Calif.

Went public 6/21/2000 at $20 apiece

Filing Range: 10 mil. shares @ $17 to $19

Shares Outstanding: 125.25 mil. shares

Underwriters: Credit Suisse First Boston/US Bancorp Piper

Jaffray/Merrill Lynch & Co. Inc./Donaldson, Lufkin &


Company Counsel: Fenwick & West LLP

Manager Counsel: Davis Polk & Wardwell

Auditor: PricewaterhouseCoopers

The Company:

Designs next generation personal digital assistants (PDA). The company licenses 3Com’s Palm operating system and will design, build and market new devices based on that OS and extensions. It develops, manufactures and markets a family of expandable handheld computers for a broad range of markets and customers.

Venture Backers:

Kleiner Perkins Caufield & Byers

Benchmark Capital


Financing Rounds:

Number of Round Amt.

Round # Round Date Stage Investors ($ thousands)

1 10/01/1998 2 Early Stage 18000.0

2 07/01/1999 3 Expansion 10000.0


(Data in $ millions)

9 MOS.


Total Revenues: $50.11

Net Loss: -40.76