San Francisco Business Times articles from August 2000

San Francisco Business Times archives from August 2000

PacBell moves Internet unit to East Bay.(Brief Article)(Statistical Data Included)
August 4, 2000... Shift sends 400 San Francisco jobs to San Ramon's Bishop Ranch Seeking space for its burgeoning Internet operations, Pacific Bell is moving its Internet division out of San Francisco to Bishop Ranch business park in San Ramon. "It's...

High-tech handoff.(Brief Article)(Statistical Data Included)
August 4, 2000... Oakland gives away its business incubator but grabs equity stakes Oakland is giving away its successful high-technology incubator, a deal which will allow the city to eliminate a $300,000 subsidy and instead start receiving stock in...

Failing dot-coms call in cleanup crews.
August 4, 2000... It's a boom time for experts who can help untangle the mass of debt While many failed dot-coms fade quietly into obscurity, slipping beneath waves of debt, others are turning to remedies long familiar to faltering Old Economy firms:...

49ers chief outlines his game plan.(Brief Article)
August 4, 2000... When former toy company executive Peter Harris took over as president of the San Francisco 49ers this week, it marked the start of a new era for the once-proud team. Harris was hired to revive the team's business operations, which have been in...

Toshiba medical unit takes scalpel to 140 jobs.(Brief Article)(Statistical Data Included)
August 4, 2000... Company will concentrate R&D in South San Francisco, move manufacturing to Japan Toshiba American Medical Systems will slash up to 140 manufacturing jobs in South San Francisco later this year as the company turns its 160-employee magnetic...

New battle, old war.(Pacific Bell and other telephone companies)(Brief Article)
August 4, 2000... PacBell, rivals scrap anew over how to open up the local market Telecom companies ready to battle Pacific Bell for a share of the local phone market are first fighting state regulators to ensure the battlefield is level. Seven...

NextCard goes back to basics: Fees, add-ons.(Brief Article)(Statistical Data Included)
August 4, 2000... NextCard Inc., an Internet-only credit card issuer, is tapping into an old-line credit card tactic -- higher fees and ancillary products. By moving its bank charter from California to Arizona this year, the San Francisco-based company is...

Stock Answers.(Brief Article)(Statistical Data Included)
August 4, 2000... Investors get tools to look inside fund managers' heads There's no doubt that some mutual fund investors want to know little more about the funds they hold than whether they went up and by how much. But the semi-annual reports...

Landlord will let struggling tenant off $5 million hook.
August 4, 2000... How much is a friendship worth to commercial real estate landowner Scott Bales? Maybe up to $5 million, the amount he's prepared to forego in order to make everyone happy. Bales is holding a $5 million letter of credit issued on behalf...

Allen's aliens.(Brief Article)(Statistical Data Included)
August 4, 2000... With Microsoft Corp. having no shortage of problems here on earth, a pair of its former top executives are looking into promising new markets elsewhere. Microsoft co-founder Paul Allen has kicked in $11.5 million and ex-chief technologist...

Rise & Fall.(Brief Article)
August 4, 2000... A barometer of the region's movers, shakers and fakers Tony Ridder It's good to be boss. Naming Ridder to its list, of the 10 most influential people in Silicon Valley was a no-brainer for the San Jose Mercury News, whose Knight-Ridder...

Cygent gets $40M to sort out telecom supply chain.(receives financing)(Brief Article)
August 4, 2000... Cygent Inc., a San Francisco startup producing e-business software for the white-hot telecom industry, has snared $40 million from investors in its bid to wire telecom's supply chain. The firm's web-based software that links everything from...

Lawyer returns to dot-com well.(San Francisco lawyer and entrepreneur Richard Harroch is helping LawCommerce.com startup)(Brief Article)
August 4, 2000... San Francisco lawyer and entrepreneur Richard Harroch, who recently sold a small business web site he co-founded for $225 million, has lent his muscle to a new venture called LawCommerce.com. "If we do anything right, LawCommerce.com will...

Cost Plus trades Indiana center for East Coast hub.(seeking distribution center on the US East Coast)(Brief Article)
August 4, 2000... Peru, Ind., is just not cutting it for Cost Plus Inc. The Oakland-based retailer has decided to shut down the company's 100,000-square-foot Midwest distribution center in favor of a 500,000-square-foot hub on the Eastern seaboard. Cost...

Inside Traders.
August 4, 2000... [TABLE HAS BEEN CLIPPED]

CORRECTION.(Oakland 2005 Super Bowl bid committee hopes to raise at least $12 million by selling seat sponsorships at Network Associates Coliseum)(Brief Article)(Correction Notice)
August 4, 2000... A story in the July 28-Aug. 3 issue regarding Oakland's 2005 Super Bowl bid should have said the host committee hopes to raise at least $12 million by selling seat sponsorships at Network Associates Coliseum.

Local BofA staff shiver in the shadow of huge layoffs.(Bank of America)(Brief Article)
August 4, 2000... Bank of America Corp.'s layoff of up to 10,000 mid- and senior-level employees is expected to hit especially hard in the Bay Area, where the cutbacks are hurting already deteriorating morale; insiders say. In making the July 28...

Napster gets reprieve.(US District Court issues stay ruling on attempt to shut company's services down)(Brief Article)
August 4, 2000... An appeals panel gave Redwood City's Napster Inc. a last minute stay on a U.S. District Court judge's ruling that would have forced it to cease its Internet music swapping service. Judge Marilyn Hall Patel earlier had rejected the company's...

Internet retailers fined.(for promising gifts would be delivered during the holiday season and failing to deliver on that promise)(Brief Article)
August 4, 2000... Macys.com and six other e-tailing sites were slapped with $1.5 million in fines for failing to deliver promised goods to consumers during last year's holiday season. The Federal Trade Commission settlement covers thousands of consumers whose...

Troubled Egghead reorganizes.(Egghead.com names Jeffrey Sheahan CEO)(Brief Article)
August 4, 2000... Struggling Menlo Park computer e-tailer Egghead.com named Jeffrey Sheahan chief executive officer. Sheehan has been serving as the firm's chief operating officer and president. Former chief executive Jerry Kaplan was named co-chairman and will...

State home prices climb.(housing prices in the San Francisco Bay area)(Brief Article)(Statistical Data Included)
August 4, 2000... The California Association, of Realtors released survey results which revealed the median sale price of a condominium San Francisco has risen 32 percent in the past year to $500,000. The survey also showed that the Bay Area led California with...

Consolidated moves north.(Consolidated Freightways moves its headquarters from Menlo Park, CA, to Vancouver, WA)(Brief Article)
August 4, 2000... Transportation giant Consolidated Freightways sold its headquarters in Menlo Park and will move north to Vancouver, Wash. Company officials put the value of the 2.3-acre office park sale at more than $30 million. Ninety-nine employees from the...

Job cuts shake up BofA.(Bank of America)(Brief Article)
August 4, 2000... Bank of America Corp. announced that up to 10,000 positions -- about 7 percent of its work force -- will be cut over the next 12 months. The Charlotte, N.C.-based company also said it will direct an additional $70 million toward e-commerce...

Onyx virus treatment a success.(Onyx Pharmaceuticals' head and neck cancer treatment; quarterly earnings report)(Brief Article)
August 4, 2000... Richmond-based Onyx Pharmaceuticals Inc. announced that its genetically engineered virus treatment appeared to shrink tumors in head and neck cancer patients -- sending its stock soaring 37 percent Tuesday. In a report printed in the journal...

European chip giant buys local firm.(STMicroelctronics buys Waferscale Integration)(Brief Article)
August 4, 2000... STMicroelectronics, a $5 billion Swiss semiconductor manufacturer, acquired Fremont-based Waferscale Integration (WSI), a privately held developer of programmable system devices for semiconductors, for $68 million. STMicroelectronics (ST) said...

Commerce One forms venture fund.(with other financial companies)(Brief Article)
August 4, 2000... Pleasanton e-commerce software provider Commerce One announced it will join with Andersen Consulting, Morgan Stanley Dean Witter and other financial-heavy-weights to form a $100 million venture fund to invest in Internet startups. The new joint...

Chevron launches e-commerce unit.(Brief Article)
August 4, 2000... With its sights on the $100 billion energy market, a division of San Francisco-based Chevron Corp. announced the launch of a new e-commerce unit that will provide web-based services to energy companies. Chevron Energy Solutions will be formed...

Blue Martini toasts IPO.(successful initial public offering for Blue Martini Software)(Brief Article)
August 4, 2000... San Mateo's Blue Martini Software raised $150 million in its initial public offering, selling 7.5 million shares at $20 each. The successful IPO comes despite the fact that the e-merchandising software maker lost $11.5 million in the first...

Kathy Banke.(managing partner of Crosby, Heafey, Roach & May)(Brief Article)
August 4, 2000... Title: Managing Partner. Name: Kathy Banke. Company: Crosby, Heafey, Roach & May, Oakland's largest law firm. Also, Banke is practice group leader of the firm's appellate department. Education: Bachelor of arts degree in English...

Everyone loves a parade -- except maybe for BofA.(sharp contract between Bank of America-NationsBank and Wells Fargo-Norwest mergers)(Brief Article)
August 4, 2000... They had a parade in downtown Minneapolis -- with a stagecoach, gussied-up grocery carts, big banners and a marching band playing "76 Trombones." Meant to hype the arrival of the Wells Fargo name into the Land of 10,000 Lakes, the parade...

NextCard rides wireless pilot program into Boulder.(Brief Article)(Statistical Data Included)
August 4, 2000... NextCard Inc. and SkyGo, a San Mateo wireless interactive marketing company, are teaming up to test the viability of mobile commerce marketing. In the four-month pilot program, set to begin in Boulder, Colo., in September, 1,000 willing...

Renowned architect to sculpt new H&Q quarters.(Cesar Pelli)(Brief Article)(Statistical Data Included)
August 4, 2000... San Francisco will add the work of another renowned architect to the city's skyline: Cesar Pelli. Pelli is the designer of Chase H&Q's new headquarters at 560 Mission St Construction began at the site on July 24. A native of Argentina,...

Swinerton makes a merger.(with Wahlberg Builders)(Brief Article)(Statistical Data Included)
August 4, 2000... San Francisco-based Swinerton Inc., the holding company of Swinerton & Wahlberg Builders, has quietly merged with a Sacramento company. Swinerton traded stock in its company for the assets of Harbison-Mahoney-Higgins Builders Inc. in a...

Field Paoli goes to zoo.(to redesign San Francisco Zoo)(Brief Article)
August 4, 2000... San Francisco architecture firm Field Paoli's latest clients are a bunch of animals. Field Paoli has been selected as the site architect for the $73 million renovation of the San Francisco Zoo. Field Paoli will concentrate on making...

Tokyo hotel to serve up bottles of Sonoma and Napa wines.(Brief Article)
August 4, 2000... A Palo Alto company plans to offer the Far East a little taste of Napa and Sonoma counties through a program designed to promote 12 California wineries in the Tokyo Park Hyatt Hotel's New York Bar. SanSonoma Inc., a privately held...

S.F. food winner is a Lulu.(New York National Association for the Specialty Food Trade Product Awards)(Brief Article)(Statistical Data Included)
August 4, 2000... A San Francisco gourmet food line has won its second consecutive "Outstanding Product Line" award at the New York National Association for the Specialty Food Trade Product Awards competition. The Restaurant Lulu Gourmet Products Line, which...

Wireless apps: Next stop in physicist's wild tech ride.(Sunir Kapoor's Tsola designs software for wireless handheld device)(Brief Article)
August 4, 2000... Sunir Kapoor's resume reads like an EKG of high-tech's erratic heart beat. The 37-year-old Indian-born physicist began his career mapping satellite communications routes for the European Space Agency, then did a stint with Novell before...

Semiconductors are still an investor's friend.(Brief Article)
August 4, 2000... Semiconductors were the topic of the hour not just on Wall Street last week, but at a July 27 dinner at the swank Palo Alto Hills Golf and Country Club. Speakers at the event, sponsored by Newark magazine startup SiliconIndia, weren't...

eLuxury's web site gets lonely.(enters deals with major Internet portals)(Brief Article)
August 4, 2000... Upscale San Francisco e-tailer eLuxury, the spinoff of Paris-based conglomerate LVMH Moet Hennessy Louis Vuitton, has been making deals at a furious pace aimed at funneling traffic to the site. The startup, which occupies a lonely address...

Future looks smoggy for retailer Fogdog.(president Tim Joyce resigns)(Brief Article)
August 4, 2000... Tim Joyce, president of Fogdog, is leaving the sporting goods retailer the firm announced last week. The commute between his home in Port-land, Ore., and Fogdog's Redwood City office, was the reason cited by spokesman Duffy Jennings. ...

Eloquent CEO braves icy waters of streaming media.(Cliff Reid)(Brief Article)
August 4, 2000... It has been a tough week for Cliff Reid. On Friday, the founder and chairman of Eloquent Inc. saw his rival, San Jose-based WebEx, raise $49 million in an initial public offering. Reid then spent Monday morning watching helplessly as...

Will the Trust be with him?(George Lucas' Lucasfilm Ltd. seeks development on San Francisco's Presidio)
August 4, 2000... Lucasfilm president awaits final approval from Presidio trustees for 23-acre office project Gordon Radley is no Jedi knight. But when it comes to defending his company's planned Presidio development project, the president of Lucasfilm Ltd....

Bay Area brokers chafe under 'pitiful' commissions.(despite high commercial real estate lease prices, San Francisco-area real estate brokers' commission are lower than national average)(Brief Article)
August 4, 2000... Bay Area rents are rising rapidly, but brokers' commissions aren't. "Absolutely pitiful" is how Michael Pitre, managing director for New York-based Julie J. Studley's San Francisco office, describes local commissions, which average $5 to $7...

Port of Oakland: Sleepy qiant is about to wake up.(commercial real estate along Oakland waterfront expected to increase greatly)(Brief Article)
August 4, 2000... For many years, the Port of Oakland's commercial real estate portfolio has been a sleepy underachiever. The port's most visible commercial/retail property, Jack London Square, attracts 6 million visitors annually, yet generates only $80...

Oakland developers take notice of savvy activist.(Wilda White has succeeded in preventing unwanted development as president of the Jack London Neighborhood Association)
August 4, 2000... Wilda White has gone up against Oakland Mayor Jerry Brown's administration and well-heeled developers and has often come out on top. White, a savvy attorney who serves as president of the 100-member Jack London Neighborhood Association, has...

Area's bubbling real estate stew about to boil over.(San Francisco Bay Area commercial real estate lease rates are increasing rapidly)(Brief Article)
August 4, 2000... The hot Bay Area commercial real estate market may be ready to boil over, with agents citing increases of 20 percent or more in one month. "Every place you can think of is hot. Vacancy rates are below 5 percent everywhere and in some areas...

Contra Costa supervisors shrink the urban limit line.(county makes more areas off-limit for development)(Brief Article)
August 4, 2000... The Contra Costa County Board of Supervisors will shrink its 10-year-old urban limit line by more, than 14,000 acres, placing 20 square miles off-limits for development. The 5-0 vote came this week after the board listened to 12 hours of...

Silicon Valley renters learn to pay up or move out.(housing costs are rising rapidly in Santa Clara County, CA)(Brief Article)
August 4, 2000... Nakisa Badiri, an administrative assistant, recently lost her townhome roommate in Sunnyvale just as her rent rose to $1,375 -- to more than half her income. Looking for a more affordable rental, she found that studio apartments near her...

Home buyers' window to slam shut in the autumn.(shortfall in Silicon Valley housing keeps home prices increasing)(Brief Article)
August 4, 2000... If you are among the one-in-seven Silicon Valley households that can afford a median-priced home, you could be priced out of the market soon. A current slowdown in skyrocketing prices gives some buyers a brief window of opportunity to buy,...

New Urbanism threatens to take over countryside.(people in the suburbs increasingly seek small town life, not automobile-dominated sprawl)(Brief Article)
August 4, 2000... Residential neighborhoods that attempt to recreate the feeling of small towns are catching on across the country as grumblings against the ills of suburban sprawl continue to grow. Neotraditional neighborhood development, also known as New...

'Smart buildings' get hot in commercial real estate.(building with modern telecommunications equipment)(Brief Article)
August 4, 2000... Like everything it touches, technology now changes the commercial real estate industry, too. Firms such as Colliers Arnold Commercial Real Estate Services recognize a whole new way of looking at commercial space that involves terms such as...

More high-end sellers are eager to pound the gavel.(auctions are becoming a more popular means to sell property)(Brief Article)
August 4, 2000... It used to be if there was no other way for a seller to liquidate property; they auctioned it. Not anymore. The value of all real estate sold at auctions in the United States grew from $10 billion in 1981 to more than $40 billion in 1996,...

Grant Street tries to run with Union Square crowd.(Grant Street is becoming a major retail area in San Francisco)
August 4, 2000... The section of San Francisco best known for keeping the fashion-conscious in high style is getting help from several developers to smooth out its last rough edges. "If you want to see where the action is, go to the 300 block of Grant...

Radius Development expands its circle of influence.(Brief Article)
August 4, 2000... After spending years working for the big boys, Bruce Carison and Gregg Steele took matters into their own hands, forming a real estate development services firm closer to their homes and hearts. The gamble has paid off in a big way, and...

Bipartisan bill in House aims to break up bundling.(Brief Article)
August 4, 2000... Both Republicans and Democrats are frustrated that thousands of small businesses have lost federal contracts in recent years because government agencies bundled contracts into large packages that were awarded to big businesses. Now the...

Women lag in VC funding.(Brief Article)(Statistical Data Included)
August 4, 2000... America's 9 million women-owned businesses have barely tapped equity capital markets, according to a new survey by the National Foundation for Women Business Owners. Venture capital firms and other institutional investors put only 2.3...

Rent-a-dream.(City Rent-a-Car)(Brief Article)
August 4, 2000... Trio of boyhood friends follow their bliss to found S.F. company Joseph Campbell, renowned mythology professor and author, once said to "follow your bliss," and success will follow you. Tamim Ghilzai and Joseph and Paul Blandino, the...

Tracy Dean.(Brief Article)
August 4, 2000... Title: Owner, partner and president. Company: Berkeley-based Design Site is a graphic design firm that does print and web site development. 1999 revenue: $1.2 million. Founded: 1993. Number of employees: 10. Source of...

PEOPLE ON THE MOVE.(San Francisco-area executive appointments)(Brief Article)
August 4, 2000... ACCOUNTING/CONSULTING Christopher Yahng was appointed to the executive committee and board of directors of the Redwood City-based California Society of Certified Public Accountants. Yahng is a founding shareholder in Benson & Yahng, CPAs...

Bloomingdale's city a gift-wrapped offer.(deal with San Francisco to locate store in the city)(Brief Article)
August 4, 2000... Bloomingdale's isn't set to open in San Francisco for nearly three years, but that hasn't stopped the city from trolling for bargains at its yet-to-be department store. It's found a big one, one that guarantees that San Francisco can get...

New tunes for the Wild, Wild Web.(Brief Article)(Editorial)
August 4, 2000... Social commentators these days are fond of describing the Internet as a new frontier, constantly changing and ever in flux. Some of them have been paid big bucks in recent years by universities, corporations and think tanks to issue thick...

Death tax haunts women-owned businesses.(Brief Article)
August 4, 2000... President Clinton, the anointed "First Feminist President" claims to be a staunch advocate of women's rights. Yet he has vowed to veto a bill, passed by the House and Senate, that would phase out the federal estate, gift, and...

Mankind's calling is to become master of disaster.(Brief Article)
August 4, 2000... America has been fascinated recently with natural disasters, whether it's earthquakes, twisters, volcanos, hurricanes or a "perfect storm." Publishers have even defined a new category of "adventure-disaster" books, and one editor notes that...

LETTERS.(Letter to the Editor)
August 4, 2000... Mega-buck verdicts constitute greed, not justice The jury in Florida that passed out the $145 billion award against the tobacco industry thinks it's sending a "message" to tobacco companies, but, instead, it's sending a message to the...

Largest North Bay Commercial Real Estate Firms.
August 4, 2000... [TABLE HAS BEEN CLIPPED]

Largest Architecture Firms in the Bay Area.
August 4, 2000... [TABLE HAS BEEN CLIPPED]

Asyst forgoes cheaper pastures to stay at home.(Asyst Technologies finds new location close to old location in Fremont, CA)(Brief Article)
August 4, 2000... Asyst Technologies spent months searching the East Bay for a site for its corporate headquarters -- and ended up not far from its current Fremont location. In a recent land deal, Danville-based Trumark Commercial and Asyst announced plans...

Frenzied Bay Area market finally takes a breather.(San Francisco Bay Area for-sale housing increases)(Brief Article)
August 4, 2000... After the frenzy of March, April and May, the residential market appears to be taking a breather as summer approaches. Inventory is up -- in some places as much as triple the number of homes available in early spring -- and the...

Sale raises Ellison flag ever yacht team.(Brief Article)(Statistical Data Included)
August 11, 2000... Tycoon's buyout renews America's Cup bid Larry Ellison has bought San Francisco's AmericaOne' yacht racing team and will resurrect its quest for the America's Cup. The billionaire founder of Redwood Shores' Oracle Corp. has agreed to...

Prop. M's ballot race is down to wire.(Brief Article)
August 11, 2000... As business and city organizations rally behind Mayor Willie Brown's compromise proposal to rodefine San Erancisco's building limits in November, supporters of stricter limits vow to go to court if necessary to get a more hard-line measure on...

Startups putting feet on the street.(Brief Article)(Statistical Data Included)
August 11, 2000... Dot-coms find they aren't ready to stage the death of a salesman Startups that months ago saw their future in splashy ad campaigns, high-profile partnerships and cutting-edge technology are increasingly turning to a more traditional tool...

'Anti-Trump' plays a new hand.
August 11, 2000... Quite but huge, New York's TishmanSpeyer sets $1B Bay Area foray After years of being just a token player, Jerry Speyer is taking the Bay Area seriously -- so seriously that TishmanSpeyer Properties is looking to invest nearly $1 billion...

IBM sues former execs for cashing options.
August 11, 2000... IBM, eager to keep its top executives from working for competitors, has found a way around California's ban on noncompete agreements. Big companies like IBM, General Motors, J.P. Morgan and others, have all recently amended their executive...

Joie de Vivre purchase nets hotel chain more properties than Kimpton.(Brief Article)
August 11, 2000... Joie de Vivre Hospitality founder Chip Conley is taking his $55 million company to the penthouse suite, completing three deals which gives the company the largest number of independent hotel properties in the Bay Area. The 39-year-old...

As dot-coms downsize, Mid-Market regains its last-resort status.(Brief Article)(Statistical Data Included)
August 11, 2000... Flight to gritty Market Street area stalls as better space becomes available Just six months ago, sleazy Mid-Market was hailed as San Francisco's next hot dot-com neighborhood. Now it's returning to more of a last resort. As dot-com...

Nonprofit plans to plunk down $100M for labs.(J. David Gladstone Institutes)(Brief Article)(Statistical Data Included)
August 11, 2000... A San Francisco medical nonprofit plans to spend more than $100 million on 200,000 square feet of new labs in Mission Bay. Medical research group J. David Gladstone Institutes hopes to sign a contract later this year on a...

Chance to work from home has employees feeling flush.(telecommuters enjoy being able to opt out of the company bathrooms and corporate cheerleading)(Brief Article)
August 11, 2000... If you ask HR departments and workplace gurus why millions of office drones would prefer to work at home, you're likely to hear a lot of waffle about spending more time with the family and avoiding long commutes. Ask the worker bees...

Legal football.(Oakland Football Marketing Association sends out direct mail piece that looks like a subpoena)(Brief Article)
August 11, 2000... With all the lawsuits and hard feelings still flying around between Oakland's Coliseum and the Raiders, the Oakland Football Marketing Association faces its usual uphill struggle in generating fan interest -- and ticket sales. So it's...

Broker fees run free.(Boston Properties increases real estate brokers' commissions)(Brief Article)
August 11, 2000... Boston Properties is continuing to show brokers the money--literally--and shake up San Francisco's curiously parsimonious real estate world. Brokers here earn far lower commissions than their colleagues elsewhere in the country. First it...

Rise & Fall.(managers in the limelight)(Brief Article)
August 11, 2000... A barometer of the region's movers, shakers and fakers Bill Lansing Dot-com downdraft blows through NBC Internet, blows out 170 workers. But still aloft, presumably, is the gargantuan pay package then-new NBCi boss received a few...

UC football makes a big play for small businesses.(University of California-Berkeley Cal Business Partner program seeks small business support for the Cal Bears footbal team)(Brief Article)
August 11, 2000... With less-than-spectacular results on the gridiron and attendance stuck in the bottom half of the Pac-10 conference, the University of California is making a run at small businesses and diluted corporate sponsorship dollars. For $350,...

Area firms eager for cheap rent meet at Crossroads.(Crossroads Technology Park in Union City, CA)(Brief Article)
August 11, 2000... Crossroads Technology Park in Union City, still under construction, has been filled by companies eager for cheap rent and access to reasonably priced labor. Two months from completion, 92 percent of the space at the $23 million,...

VC firms buzz over possible shakeout.(Brief Article)(Statistical Data Included)
August 11, 2000... Behind the venture capital industry's record performance is a troubling sign: waning enthusiasm among big institutional investors for venture capital that could mean less money flowing to venture capitalists and, ultimately, entrepreneurs. ...

Tully's Coffee gets extra servings.(Brief Article)(Statistical Data Included)
August 11, 2000... Tom T. O'Keefe can't be accused of thinking small. But he's from an industry and a town that tend to view the world in expansive terms. As chairman and CEO of Tully's Coffee Corp.--a Seattle-based rival to crosstown industry giant...