<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) (c) and (d) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(AMENDMENT NO. 2)*
LYCOS, INC.
(Name of Issuer)
VOTING COMMON STOCK, $0.01 PAR VALUE
(Title of Class of Securities)
550818 10 8
(CUSIP Number)
____________________
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 (the "Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act (however, see the
Notes).
<PAGE>
CUSIP NO. 550818 10 8 13G Page 2 of 14 pages
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY).
CMG@Ventures I, LLC (formerly CMG@Ventures, L.P.)
04-3276792
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
Not applicable (b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 3,296,946 shares
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
0 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 3,296,946 shares
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
0 shares
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
3,296,946 shares
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
7.5%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
OO
- ------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 550818 10 8 13G Page 3 of 14 pages
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
CMG@Ventures, Inc.
04-3276791
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
Not applicable (b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 0 shares
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
3,296,946 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0 shares
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
3,296,946 shares
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
3,296,946 shares
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
7.5%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
CO
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<PAGE>
CUSIP NO. 550818 10 8 13G Page 4 of 14 pages
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NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY).
CMG@Ventures Capital Corporation
04-3276790
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
Not applicable
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 3,585,207 shares
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
0 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 3,585,207 shares
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
0 shares
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
3,585,207 shares
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
8.2%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
CO
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<PAGE>
CUSIP NO. 550818 10 8 13G Page 5 of 14 pages
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NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY).
CMGI, Inc.
04-2921333
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
Not applicable (b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 6,271,845 shares
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
3,296,946 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 6,271,845 shares
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
3,296,946 shares
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
9,568,791 shares
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
21.9%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
CO
- ------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 550818 10 8 13G Page 6 of 14 pages
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NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY).
David S. Wetherell
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
Not applicable (b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States of America
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 250,570 shares
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
9,568,791 shares
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 250,570 shares
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
9,568,791 shares
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
9,819,361 shares
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[X]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
22.4%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
IN
- ------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 550818 10 8 13G Page 7 of 14 pages
Item 1(a). Name of Issuer:
Lycos, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
400-2 Totten Pond Road Waltham, MA 02451-2000
Item 2(a). Name of Person Filing:
CMG@Ventures I, LLC
CMG@Ventures, Inc.
CMG@Ventures Capital Corporation
CMGI, Inc.
David S. Wetherell
See Exhibit A hereto for a list of directors of CMGI, Inc. and Profit Members
of CMG@Ventures I, LLC.
Item 2(b). Address of Principal Business Offices or, if None, Residence:
CMG@Ventures I, LLC
c/o CMGI, Inc.
100 Brickstone Square, First Floor, Andover, MA 01810
CMG@Ventures, Inc.
c/o CMGI, Inc.
100 Brickstone Square, First Floor, Andover, MA 01810
CMG@Ventures Capital Corporation
c/o CMGI, Inc.
100 Brickstone Square, First Floor, Andover, MA 01810
CMGI, Inc.
100 Brickstone Square, First Floor, Andover, MA 01810
David S. Wetherell
c/o CMGI, Inc.
100 Brickstone Square, First Floor, Andover, MA 01810
Item 2(c). Citizenship:
CMG@Ventures I, LLC, CMG@Ventures, Inc., CMG@Ventures Capital Corporation and
CMGI, Inc. are organized under the laws of the State of Delaware.
David S. Wetherell is a citizen of the United States of America.
<PAGE>
CUSIP NO. 550818 10 8 13G Page 8 of 14 pages
Item 2(d). Title of Class of Securities:
Common Stock, $0.01 par value
Item 2(e). CUSIP Number:
550818 10 8
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b)
or (c), Check Whether the Person Filing is a: Not applicable.
(a) [_] Broker or dealer registered under Section 15 of the Exchange Act.
(b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act.
(d) [_] Investment Company registered under Section 8 of the Investment
Company Act.
(e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f) [_] An employee benefit plan or endowment fund in accordance with Rule
13d-1(b)(1)(ii)(F);
(g) [_] A parent holding company or control person in accordance with Rule
13d-1(b)(1)(ii)(G);
(h) [_] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) [_] A church plan that is excluded from the definition of an investment
company under Section 3(c)(14) of the Investment Company Act;
(j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box. [_]
<PAGE>
CUSIP NO. 550818 10 8 13G Page 9 of 14 pages
Item 4. Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
CMG@Ventures I, LLC owns 3,296,946 shares.
CMG@Ventures, Inc. may be attributed with the 3,296,946 shares held by
CMG@Ventures I, LLC, of which it is the Managing Member. CMG@Ventures, Inc.
disclaims beneficial ownership of these shares except to the extent of its
proportionate pecuniary interest therein.
CMG@Ventures Capital Corporation holds 2,511,578 shares directly and may be
attributed with 1,073,629 shares held by CMG@Ventures Securities Corp.
(CMG@Ventures Capital Corporation is the sole stockholder of CMG@Ventures
Securities Corp.)
CMGI, Inc. holds 2,686,638 shares directly and may be attributed with the
ownership of 3,296,946 shares held by CMG@Ventures I, LLC (CMGI, Inc. is the
sole stockholder of CMG@Ventures, Inc.), 1,073,629 shares held by CMG@Ventures
Securities Corp. and 2,511,578 shares held by CMG@Ventures Capital Corporation
(CMGI, Inc. is the sole stockholder of CMG@Ventures Capital Corporation, which
is the sole stockholder of CMG@Ventures Securities Corp.). CMGI, Inc. disclaims
beneficial ownership of the shares held by it indirectly except to the extent of
its proportionate pecuniary interest therein.
David S. Wetherell holds 250,570 shares directly and may be attributed with
the ownership of 3,296,946 shares held by CMG@Ventures I, LLC, 1,073,629 shares
held by CMG@Ventures Securities Corp., 2,511,578 shares held by CMG@Ventures
Capital Corporation, 2,686,638 shares held by CMGI, Inc. and 13,950 shares held
in a trust for the benefit of Mr. Wetherell's children. Mr. Wetherell is a
Profit Member of CMG@Ventures I, LLC and a director, executive officer and
greater than 10% stockholder of CMGI, Inc. Mr. Wetherell disclaims beneficial
ownership of all shares not held directly by him except to the extent of his
proportionate pecuniary interest therein.
(b) Percent of class:
CMG@Ventures I, LLC 7.5%
CMG@Ventures, Inc. 7.5%
CMG@Ventures Capital Corporation 8.2%
CMGI, Inc. 21.9%
David S. Wetherell 22.4%
The foregoing percentages are calculated based on 43,776,062 shares of Common
Stock outstanding as of December 31, 1998.
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote:
CMG@Ventures I, LLC has sole voting power over 3,296,946 shares.
CMG@Ventures Capital Corporation has sole voting power over 3,585,207
shares, consisting of 2,511,578 shares as record owner and 1,073,629 shares held
by its wholly-owned subsidiary, CMG@Ventures Securities Corp.
<PAGE>
CUSIP NO. 550818 10 8 13G Page 10 of 14 pages
CMGI, Inc. has sole voting power over 6,271,845 shares, consisting of
2,686,638 shares as record owner, 2,511,578 shares held by its wholly owned
subsidiary, CMG@Ventures Capital Corporation, and 1,073,629 shares held by
CMG@Ventures Securities Corp., a wholly-owned subsidiary of CMG@Ventures Capital
Corporation.
David S. Wetherell has sole voting power over 250,570 shares.
(ii) Shared power to vote or direct the vote:
CMG@Ventures, Inc. shares voting power over the 3,296,946 shares held by
CMG@Ventures I, LLC
CMGI, Inc. shares voting power over the 3,296,946 shares held by
CMG@Ventures I, LLC
David S. Wetherell shares voting power over 3,296,946 shares held by
CMG@Ventures I, LLC, 1,073,629 shares held by CMG@Ventures Securities
Corp., 2,511,578 shares held by CMG@Ventures Capital Corporation and
2,686,638 shares held by CMGI, Inc.
(iii) Sole power to dispose or to direct the disposition of:
CMG@Ventures I, LLC has sole dispositive power over 3,296,946 shares.
CMG@Ventures Capital Corporation has sole dispositive power over
3,585,207 shares, consisting of 2,511,578 shares as record owner and 1,073,629
shares held by its wholly-owned subsidiary, CMG@Ventures Securities Corp.
CMGI, Inc. has sole dispositive power over 6,271,845 shares, consisting
of 2,686,638 shares as record owner, 2,511,578 shares held by its wholly owned
subsidiary, CMG@Ventures Capital Corporation, and 1,073,629 shares held by
CMG@Ventures Securities Corp., a wholly-owned subsidiary of CMG@Ventures Capital
Corporation.
David S. Wetherell has sole dispositive power over 250,570 shares.
(iv) Shared power to dispose or to direct the disposition of:
CMG@Ventures, Inc. shares dispositive power over 3,296,946 shares held
by CMG@Ventures I, LLC
CMGI, Inc. shares dispositive power over 3,296,946 shares held by
CMG@Ventures I, LLC
David S. Wetherell shares dispositive power over 3,296,946 shares held
by CMG@Ventures I, LLC, 1,073,629 shares held by CMG@Ventures Securities
Corp., 2,511,578 shares held by CMG@Ventures Capital Corporation and
2,686,638 shares held by CMGI, Inc.
<PAGE>
CUSIP NO. 550818 10 8 13G Page 11 of 14 pages
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
Not applicable.
<PAGE>
CUSIP NO. 550818 10 8 13G Page 12 of 14 pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
CMG@Ventures I, LLC
By: CMG@Ventures, Inc., its Managing Member
Dated: February 11, 1999 /s/ William Williams II
--------------------------------------------
William Williams II
Assistant Secretary
CMG@Ventures, Inc.
Dated: February 11, 1999 /s/ William Williams II
---------------------------------------------
William Williams II
Assistant Secretary
CMG@Ventures Capital Corporation
Dated: February 11, 1999 /s/ William Williams II
---------------------------------------------
William Williams II
Assistant Secretary
CMGI, INC.
Dated: February 11, 1999 /s/ William Williams II
---------------------------------------------
William Williams II
Assistant Secretary
Dated: February 11, 1999 /s/ David S. Wetherell
------------------------------------------
David S. Wetherell
<PAGE>
CUSIP NO. 550818 10 8 13G Page 13 of 14 pages
EXHIBIT A
DIRECTORS OF CMGI, Inc.
David S. Wetherell, Chairman of the Board, President, Chief Executive
Officer, and Secretary
John A. McMullen, Director
Craig D. Goldman, Director
Robert J. Ranalli, Director
William H. Berkman, Director
PROFIT MEMBERS OF CMG@VENTURES I, LLC
David S. Wetherell
Guy M. Bradley
Jonathan D. Callaghan
Andrew J. Hajducky III
Peter H. Mills
<PAGE>
CUSIP NO. 550818 10 8 13G Page 14 of 14 pages
EXHIBIT B
JOINT FILING AGREEMENT OF
CMG@Ventures I, LLC,
CMG@Ventures, Inc.,
CMG@Ventures Capital Corporation,
CMGI, Inc. and
David S. Wetherell
The undersigned persons agree and consent under Rule 13d-1(k)(1) of the
Securities Exchange Act of 1934, as of the date set forth below, to the joint
filing on their behalf of the Schedule 13G to which this Exhibit is attached, in
connection with their beneficial ownership of the common stock of Lycos, Inc. at
December 31, 1998 and agree that such statement is filed on behalf of each of
them.
CMG@Ventures I, LLC
By CMG@Ventures, Inc. Managing Member
Dated: February 11, 1999 /s/ William Williams II
-----------------------
William Williams II
Assistant Secretary
CMG@Ventures, Inc.
Dated: February 11, 1999 /s/ William Williams II
-----------------------
William Williams II
Assistant Secretary
CMG@Ventures Capital Corporation
Dated: February 11, 1999 /s/ William Williams II
-----------------------
William Williams II
Assistant Secretary
CMGI, INC.
Dated: February 11, 1999 /s/ William Williams II
-----------------------
William Williams II
Assistant Secretary
Dated: February 11, 1999 /s/ David S. Wetherell
----------------------
David S. Wetherell
