_ www.goldenparachute.com GOLDEN P A R A C H U T ETM Golden Parachute Inc. Corporate Backgrounder Mission: To be the leading online and offiine community for alumni and students of top universities and colleges Overview: Through dynamic, Web-based networking and top-quality offiine events, Golden Parachute caters to the needs of its members to provide an arsenal of tools and forums designed to help members maximize their opportunities for both business and social success. Golden Parachute Inc. was formed to develop and deliver the premier online and offiine offerings for alumni and students of top colleges and universities for career, business and social networking needs. Golden Parachute is the first company to adhere to a membership model based on exclusivity for its--online and offline---communities. Unlike general-purpose Internet :portals and mass audience events and venues, Golden Parachute focuses on the specific needs of its elite membership to manage the quality of experience for its members and to provide a high return-on-investment (ROI) for advertisers, merchants, partners and affiliates looking to reach a specific market segment. Company: Golden Parachute brings together alumni and students of top universities to promote networking and collaboration. Golden Parachute provides its elite membership convenient forums to interact on business, career and social levels. From the virtual world to the real world, Golden Parachute helps members evolve and grow their network of peers well beyond their individual alma mater. Leveraging the power of the Internet, GoldenParachute.com -Golden Parachute's Web site and core offering, is the premiere online destination that gives members access to the valuable tools, resources and opportunities needed to grow and evolve their business and social network. Golden Parachute's hosted real-world events provide members with opportunities to secure valuable information, make important contacts and establish quality friendships with professionals who share similar interests. From informative business seminars and roundtaabl discussions, to elegant cocktail parties and informal gatherings, Golden Parachute is committed to providing members with a high-quality experience. Background: Golden Parachute Inc. was founded by Negin Kamangar based upon her realization that the need for ongoing business, career and social networking opportunities for alumni and students of top universities was not being met by online offerings or traditional offiine resources. Remembering her own experience "pounding-the-pavement" when she was striving to break into the entertainment industry, Negin sensed that others were sharing in the precise frustration she had experienced with the lack of comprehensive resources available to her through traditional career networking channels. 2800 Bay Road Redwood City. CA 94063 (650) 364-I000 tel -more-(650) 261-9975faxr After landing a coveted position at Disney, Negin began receiving calls from people seeking information and looking for networking opportunities -from recent college graduates wanting to work for Disney, to seasoned professionals looking to explore new career options. Clearly, there was a need for a new way to develop rewarding professional and personal networks of peers and mentors. With the emergence of the Internet, Negin recognized an opportunity to leverage its interactive features and broad reaching power to create a convenient forum where individuals -alumni and students--could network and collaborate with peers on a professional and social level. Understanding that the key to creating a true sense of community would be to attract members with similar interests and experiences -a common bond-Golden Parachute membership is exclusively for alumni and students of top universities. Negin's vision was to architect a safety net, or a "golden parachute," that would encompass tools, resources and opportunities on a professional and social level, for alumni and students of top universities. Leveraging the power of the Internet to tap many resources and connect people, Negin executed on her vision and created GoldenParachute.com, an exclusive online community for alumni and students of top universities from around the world. With a clear vision that is necessary in driving a company forward to evolve with a dynamic market, and with the belief that the member is foremost, Golden Parachute is positioned to be the leading virtual and real-world community for elite graduates of top universities from around the world. Golden Parachute is committed to becoming the premiere destination "where brilliant minds converge." Founded: June 1998 Company Size: 12 employees Funding: Privately held. Golden Parachute received first round of funding from venture capital investors led by Elliott Associates L.L.P., Garage.com and several angel investors. Key Management: Key management team includes: • Negin Kamangar, Founder, President and Chief Executive Officer • Robert B. Kamangar, Co-Founder and Chief Operations Officer • Gregory Kayser, Vice President, University & College Relations • Scott Bogen, Senior Web Developer • Gayle Cline, Director of Marketing Communications Online Offerings: www.GoldenParachute.com -Golden Parachute's virtual community and core offering -is an interactive site designed to be the premier destination for members' career, business and social networking needs. The Web site features include the following areas of interest: -more• Sports Village--the "arena" where members can connect with other members interested in sports and athletics -to find a local informal or "pick-up game," a new tennis partner, someone to train with for the next marathon or competition, or simply to meet someone to take to the ball game • Alumni Profiles--where members can build and maintain a personal homepage profiling their skills and showcasing their successes • Social Events--where members can post and learn about various social events in their area-from alumni club activities, university fundraising bashes, to get-togethers at the ball park • Roommate Connection---designed for members to advertise vacancies and connect with other professionals to find housing in various cities • Alumni Search--where members can search for fellow registered alumni, using Golden Parachute's sophisticated search system that enables searches using various criteria--from university attended, profession and geographic location and sports interests to more sophisticated ad hoc queries • Mentoring--where members can connect with or volunteer to be a mentor • Entrepreneurial Ventures--where members can team up with other members to execute on a vision or to find a new venture • Job Search--a place for members to create and post resumes and search for their next career move • Mergers & Acquisitions (M & A) Social Lounge--where members can connect with other single members for friendship and romance • Chat & Discussion Forums--a place for members to collaborate and "talk" with fellow members Offiine Offerings: Regional, national and international offiine business, career and social events will include: • Social Networking Events'where members move from the virtual community to live, inperrso social events, where the draw is an opportunity to network with other alumni of top universities in a party environment • Business Forums--where members have the opportunity to meet industry leaders and entrepreneurs • Job Fairs--Providing employers the opportunity to meet graduates of top universities in a more relaxed setting compared to traditional job fairs that are open to the public Strategic Partnerships: Garage.corn, Peoplescape.com, TopEchelon.com, TopStartups.com, Vault.corn, vcapital.com Contact: Golden Parachute, Inc. 2800 Bay Road Redwood City, CA 94063 V: 650-364-1000 F: 650-261-9975 Email: info@goldenparachute.com http://www.goldenparachute.com © Golden Parachute Inc. 1999. 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