Message-ID: <30721099.1075858010119.JavaMail.evans@thyme> Date: Tue, 22 Aug 2000 06:33:00 -0700 (PDT) From: greg.whalley@enron.com To: jim.fallon@enron.com Subject: Bid4me.com, Inc Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: 7bit X-From: Greg Whalley X-To: Jim Fallon X-cc: X-bcc: X-Folder: \Lawrence_Whalley_Dec2000\Notes Folders\Sent X-Origin: Whalley-L X-FileName: gwhalley.nsf what do you think of this? ---------------------- Forwarded by Greg Whalley/HOU/ECT on 08/22/2000 01:33 PM --------------------------- "sebastian elliot" on 08/22/2000 10:36:13 AM To: cc: "mark" Subject: Bid4me.com, Inc Hi Greg: ? I have been fascinated by Enron's move into bandwidth for some time now.? I firmly believe no company is in a better position to understand the dynamics of the market or the importance of providing liquidity, market-makers and transparancy to a market. ? I am the CEO of a company called Bid4me.com, inc.? We are an?start up with an eye for innovation in the internet solutions field.? In particular, we are looking to bundle huge groups of small and medium sized businesses into?blocks and force vendors to?bid aggressively for their businesses in a?unique two-stage reverse auction process. ? We are?currently in stealth mode, however, our business model so impressed Pillsbury Maddison Sutro, LLC (please see http://www.pillsburylaw.com ) that they accepted us as clients on a deferred fee basis. ? Our vision is to work with Enron to bring greater savings to SMEs.??We will bring hundreds of SMEs' internet access demands at once to several vendors.? Very few of them will be able to accommadate such demand without appealing to companies like Enron for the provision of extra bandwidth.? We would like to not only bring the SMEs to the vendors to bid on but?to offer the vendors a bandwidth discount through exclusively using Enron's market-place. ? This way everyone benefits, including Enron.? Enron get's a huge block demand for bandwidth and?its market-makers get the revenue.??Enron will also gain greater credibilty through getting increased liquidity flow. ? The vendors, e.g. Adelphia Business Systems, benefit by receiving a block discount through Enron and by receiving revenue from a large block of SMEs. ? The SMEs benefit by receiving savings passed on to them from the Enron discount and through using the soon to be patented Bid4me model. ? Our website is currently housed on a Stanford University Server.? ? However, very shortly it will be housed on our own server.? So in the future you will be able to reach us at http://www.Bid4me.com ? The site is password restricted so please be advised that the: ? login is:angels password is: engelsev1 ? Note also the login/password is case sensitive ? http://www.stanford.edu/~zpogue/bid4me/ ? If you double-click on the section 'For angel's eyes only' you will find our current business plan and financials.? Our financials were written by two CPAs in London. ? You might be interested to know that aside from just developing our alpha website we currently have a small team from Stanford University ( including three PhDs) working on developing our alpha prototype. ? Brio, Inc have recently agreed to furnish us, for a trial period, with their software licences (Brio explorer and Brio designer).? The licence fees are usually $5,000. ? Edgar.com have permitted us to have a free trail of their software. ? We are looking for at least $1.5mm to launch Bid4me.? If you have any interest in funding us or in working with us in the future I would be very interested to hear your feedback. ? Last thing: as we are still in the process of applying for a patent I would appreciate your discretion.? Please do not forward this password-restricted website to anyone outside of Enron Corp. ? Kind regards ? Sebastian Elliot ?