IPOs/recent issues: iBEAM Broadcasting –

Sunnyvale, Calif.

Went public 5/18/2000 at $10 apiece

Filing Range: 11 mil. shares @ $9 to $11

Shares Outstanding:106 mil. shares

Underwriters: Morgan Stanley Dean Witter

FleetBoston Corp./JP Morgan & Co. Inc./

Bear Stearns & Co. Inc.

Company Counsel:Wilson Sonsini Goodrich & Rosati

Manager Counsel:Davis Polk & Wardwell

Auditor: PricewaterhouseCoopers

The Company:

Provides a satellite based network of distributed servers to efficiently deliver high volume Internet traffic. The iBeam network service is designed to deliver broadband multimedia applications and services for independent content providers and corporate customers.

Venture Backers:

Intel Corp.

Accel Partners

Crosspoint Venture Partners

Microsoft Corp.

Media Technology Ventures

Liberty Media Group

Sony Corp.

Stanford University

Crescendo Venture Management LLC

Financing Rounds

Number of Round Amt.

Round # Round Date Stage Investors ($ thousands)

1 05/01/1998 2 Early Stage $1600.0

2 06/08/1998 4 Early Stage 5300.0

3 02/03/1999 7 Early Stage 12305.0

4 10/29/1999 9 Expansion 42000.0

FINANCIALS

(Data in $ millions)

3 MOS.

03/31/00

Total Revenues: $0.7

Net Loss: -84.6