ONSALE INC
SC 13G, 1998-02-17
CATALOG & MAIL-ORDER HOUSES
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<PAGE>
                                       
                        SECURITIES AND EXCHANGE COMMISSION
                              Washington, D.C. 20549

                           ----------------------------

                                   SCHEDULE 13G
                                  (RULE 13d-102)

            INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
             TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED
                              PURSUANT TO 13d-2(b)
                            (Amendment No. _____)1



                                  ONSALE, INC.
- -------------------------------------------------------------------------------
                                (NAME OF ISSUER)


                                  COMMON STOCK
- -------------------------------------------------------------------------------
                         (TITLE OF CLASS OF SECURITIES)


                                   0006828381
- -------------------------------------------------------------------------------
                                 (CUSIP NUMBER)













- --------------------

1  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 disclosures provided in a prior cover page.

     The information required in 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 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. 0006828381      13G      Page 2 of 18 Pages


   1   NAME OF REPORTING PERSONS
       I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
            KLEINER PERKINS CAUFIELD & BYERS VIII. L.P., A CALIFORNIA
            LIMITED PARTNERSHIP ("KPCB VIII") 77-0431351

   2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                            (a) / /   (b) /X/

   3   SEC USE ONLY


   4   CITIZENSHIP OR PLACE OF ORGANIZATION
            CALIFORNIA LIMITED PARTNERSHIP

                      5    SOLE VOTING POWER
       NUMBER                                                         -0-
         OF           6    SHARED VOTING POWER
       SHARES                                                      1,661,694
    BENEFICIALLY
      OWNED BY        7    SOLE DISPOSITIVE POWER
     REPORTING                                                        -0-
       PERSON
        WITH          8    SHARED DISPOSITIVE POWER
                                                                   1,661,694

   9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                                                   1,661,694

  10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
    
                                                                          / /
  11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                        8.9%
  12   TYPE OF REPORTING PERSON*
                                                                         PN


                        *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>

CUSIP NO. 0006828381      13G      Page 3 of 18 Pages

   1   NAME OF REPORTING PERSONS
       I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
            KPCB VIII ASSOCIATES, L.P., A CALIFORNIA
            LIMITED PARTNERSHIP ("KPCB VIII ASSOCIATES") 94-3240818

   2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                            (a) / /   (b) /X/

   3   SEC USE ONLY


   4   CITIZENSHIP OR PLACE OF ORGANIZATION
            CALIFORNIA LIMITED PARTNERSHIP

                      5    SOLE VOTING POWER
       NUMBER                                                         -0-
         OF           6    SHARED VOTING POWER
       SHARES                   1,661,694 SHARES DIRECTLY HELD BY KPCB VIII.
    BENEFICIALLY                KPCB VIII ASSOCIATES IS THE GENERAL PARTNER OF
      OWNED BY                  KPCB VIII.
     REPORTING
       PERSON         7    SOLE DISPOSITIVE POWER
        WITH                                                          -0-

                      8    SHARED DISPOSITIVE POWER
                                1,661,694 SHARES DIRECTLY HELD BY KPCB VIII.
                                KPCB VIII ASSOCIATES IS THE GENERAL PARTNER OF
                                KPCB VIII.

   9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                                                   1,661,694

  10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          / /
  11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                        8.9%
  12   TYPE OF REPORTING PERSON*
                                                                         PN



                        *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>

CUSIP NO. 0006828381      13G      Page 4 of 18 Pages

   1   NAME OF REPORTING PERSONS
       I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
            BROOK BYERS

   2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                            (a) / /   (b) /X/

   3   SEC USE ONLY


   4   CITIZENSHIP OR PLACE OF ORGANIZATION
            UNITED STATES

                      5    SOLE VOTING POWER
       NUMBER                                                         -0-
         OF           6    SHARED VOTING POWER
       SHARES                   1,704,303 SHARES OF WHICH 1,661,694 SHARES ARE
    BENEFICIALLY                DIRECTLY HELD BY KPCB VIII AND 42,609 SHARES
      OWNED BY                  ARE DIRECTLY HELD BY KPCB INFORMATION SCIENCES
     REPORTING                  ZAIBATSU FUND II, L.P., A CALIFORNIA LIMITED
       PERSON                   PARTNERSHIP ("KPCB ZF II").   KPCB VIII
        WITH                    ASSOCIATES IS THE GENERAL PARTNER OF KPCB VIII.
                                KPCB VII ASSOCIATES, L.P., A CALIFORNIA LIMITED
                                PARTNERSHIP ("KPCB VII ASSOCIATES") IS THE
                                GENERAL PARTNER OF KPCB ZF II.  MR. BYERS IS A
                                GENERAL PARTNER OF KPCB VIII ASSOCIATES AND
                                KPCB VII ASSOCIATES.  MR. BYERS DISCLAIMS
                                BENEFICIAL OWNERSHIP OF THE SHARES HELD
                                DIRECTLY BY KPCB VIII AND KPCB ZF II.

                      7    SOLE DISPOSITIVE POWER
                                                                      -0-

                      8    SHARED DISPOSITIVE POWER
                                1,704,303 SHARES OF WHICH 1,661,694 SHARES ARE
                                DIRECTLY HELD BY KPCB VIII AND 42,609 SHARES
                                ARE DIRECTLY HELD BY KPCB ZF II.   KPCB VIII
                                ASSOCIATES IS THE GENERAL PARTNER OF KPCB VIII.
                                KPCB VII ASSOCIATES IS THE GENERAL PARTNER OF
                                KPCB ZF II.  MR. BYERS IS A GENERAL PARTNER OF
                                KPCB VIII ASSOCIATES AND KPCB VII ASSOCIATES.
                                MR. BYERS DISCLAIMS BENEFICIAL OWNERSHIP OF THE
                                SHARES HELD DIRECTLY BY KPCB VIII AND KPCB ZF
                                II.

   9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                                                   1,704,303

  10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          / /
  11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                        9.2%
  12   TYPE OF REPORTING PERSON*
                                                                         IN



                        *SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>

CUSIP NO. 0006828381      13G      Page 5 of 18 Pages



   1   NAME OF REPORTING PERSONS
       I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

            KEVIN COMPTON

   2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                            (a) / /   (b) /X/

   3   SEC USE ONLY


   4   CITIZENSHIP OR PLACE OF ORGANIZATION
            UNITED STATES

                      5    SOLE VOTING POWER
       NUMBER                                                         -0-
         OF           6    SHARED VOTING POWER
       SHARES                   1,704,303 SHARES OF WHICH 1,661,694 SHARES ARE
    BENEFICIALLY                DIRECTLY HELD BY KPCB VIII AND 42,609 SHARES
      OWNED BY                  ARE DIRECTLY HELD BY KPCB ZF II.   KPCB VIII
     REPORTING                  ASSOCIATES IS THE GENERAL PARTNER OF KPCB VIII.
       PERSON                   KPCB VII ASSOCIATES IS THE GENERAL PARTNER OF
        WITH                    KPCB ZF II.  MR. COMPTON IS A GENERAL PARTNER
                                OF KPCB VIII ASSOCIATES AND KPCB VII
                                ASSOCIATES.  MR. COMPTON DISCLAIMS BENEFICIAL
                                OWNERSHIP OF THE SHARES HELD DIRECTLY BY KPCB
                                VIII AND KPCB ZF II.

                      7    SOLE DISPOSITIVE POWER
                                                                      -0-

                      8    SHARED DISPOSITIVE POWER
                                1,704,303 SHARES OF WHICH 1,661,694 SHARES ARE
                                DIRECTLY HELD BY KPCB VIII AND 42,609 SHARES
                                ARE DIRECTLY HELD BY KPCB ZF II.   KPCB VIII
                                ASSOCIATES IS THE GENERAL PARTNER OF KPCB VIII.
                                KPCB VII ASSOCIATES IS THE GENERAL PARTNER OF
                                KPCB ZF II.  MR. COMPTON IS A GENERAL PARTNER
                                OF KPCB VIII ASSOCIATES AND KPCB VII
                                ASSOCIATES.  MR. COMPTON DISCLAIMS BENEFICIAL
                                OWNERSHIP OF THE SHARES HELD DIRECTLY BY KPCB
                                VIII AND KPCB ZF II.

   9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                                                   1,704,303

  10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          / /
  11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                        9.2%
  12   TYPE OF REPORTING PERSON*
                                                                         IN


                        *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>
CUSIP NO. 0006828381      13G      Page 6 of 18 Pages


   1   NAME OF REPORTING PERSONS
       I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

            L. JOHN DOERR

   2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                            (a) / /   (b) /X/

   3   SEC USE ONLY


   4   CITIZENSHIP OR PLACE OF ORGANIZATION
            UNITED STATES

                      5    SOLE VOTING POWER
       NUMBER                                                         -0-
         OF           6    SHARED VOTING POWER
       SHARES                   1,704,303 SHARES OF WHICH 1,661,694 SHARES ARE
    BENEFICIALLY                DIRECTLY HELD BY KPCB VIII AND 42,609 SHARES
      OWNED BY                  ARE DIRECTLY HELD BY KPCB ZF II.   KPCB VIII
     REPORTING                  ASSOCIATES IS THE GENERAL PARTNER OF KPCB VIII.
       PERSON                   KPCB VII ASSOCIATES IS THE GENERAL PARTNER OF
        WITH                    KPCB ZF II.  MR. DOERR IS A GENERAL PARTNER OF
                                KPCB VIII ASSOCIATES AND KPCB VII ASSOCIATES.
                                MR. DOERR DISCLAIMS BENEFICIAL OWNERSHIP OF THE
                                SHARES HELD DIRECTLY BY KPCB VIII AND KPCB ZF
                                II.

                      7    SOLE DISPOSITIVE POWER
                                                                      -0-

                      8    SHARED DISPOSITIVE POWER
                                1,704,303 SHARES OF WHICH 1,661,694 SHARES ARE
                                DIRECTLY HELD BY KPCB VIII AND 42,609 SHARES
                                ARE DIRECTLY HELD BY KPCB ZF II.   KPCB VIII
                                ASSOCIATES IS THE GENERAL PARTNER OF KPCB VIII.
                                KPCB VII ASSOCIATES IS THE GENERAL PARTNER OF
                                KPCB ZF II.  MR. DOERR IS A GENERAL PARTNER OF
                                KPCB VIII ASSOCIATES AND KPCB VII ASSOCIATES.
                                MR. DOERR DISCLAIMS BENEFICIAL OWNERSHIP OF THE
                                SHARES HELD DIRECTLY BY KPCB VIII AND KPCB ZF
                                II.

   9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                                                   1,704,303

  10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          / /
  11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                        9.2%
  12   TYPE OF REPORTING PERSON*
                                                                         IN


                        *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>
CUSIP NO. 0006828381      13G      Page 7 of 18 Pages


   1   NAME OF REPORTING PERSONS
       I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

            WILLIAM R. HEARST III

   2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                            (a) / /   (b) /X/

   3   SEC USE ONLY


   4   CITIZENSHIP OR PLACE OF ORGANIZATION
            UNITED STATES

                      5    SOLE VOTING POWER
       NUMBER                                                         -0-
         OF           6    SHARED VOTING POWER
       SHARES                   1,704,303 SHARES OF WHICH 1,661,694 SHARES ARE
    BENEFICIALLY                DIRECTLY HELD BY KPCB VIII AND 42,609 SHARES
      OWNED BY                  ARE DIRECTLY HELD BY KPCB ZF II.   KPCB VIII
     REPORTING                  ASSOCIATES IS THE GENERAL PARTNER OF KPCB VIII.
       PERSON                   KPCB VII ASSOCIATES IS THE GENERAL PARTNER OF
        WITH                    KPCB ZF II.  MR. HEARST IS A GENERAL PARTNER OF
                                KPCB VIII ASSOCIATES AND KPCB VII ASSOCIATES.
                                MR. HEARST DISCLAIMS BENEFICIAL OWNERSHIP OF
                                THE SHARES HELD DIRECTLY BY KPCB VIII AND KPCB
                                ZF II.

                      7    SOLE DISPOSITIVE POWER
                                                                      -0-

                      8    SHARED DISPOSITIVE POWER
                                1,704,303 SHARES OF WHICH 1,661,694 SHARES ARE
                                DIRECTLY HELD BY KPCB VIII AND 42,609 SHARES
                                ARE DIRECTLY HELD BY KPCB ZF II.   KPCB VIII
                                ASSOCIATES IS THE GENERAL PARTNER OF KPCB VIII.
                                KPCB VII ASSOCIATES IS THE GENERAL PARTNER OF
                                KPCB ZF II.  MR. HEARST IS A GENERAL PARTNER OF
                                KPCB VIII ASSOCIATES AND KPCB VII ASSOCIATES.
                                MR. HEARST DISCLAIMS BENEFICIAL OWNERSHIP OF
                                THE SHARES HELD DIRECTLY BY KPCB VIII AND KPCB
                                ZF II.

   9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                                                   1,704,303

  10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          / /
  11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                        9.2%
  12   TYPE OF REPORTING PERSON*
                                                                         IN



                        *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>
CUSIP NO. 0006828381      13G      Page 8 of 18 Pages


   1   NAME OF REPORTING PERSONS
       I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

            VINOD KHOSLA

   2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                            (a) / /   (b) /X/

   3   SEC USE ONLY


   4   CITIZENSHIP OR PLACE OF ORGANIZATION
            UNITED STATES

                      5    SOLE VOTING POWER
       NUMBER                                                         -0-
         OF           6    SHARED VOTING POWER
       SHARES                   1,704,303 SHARES OF WHICH 1,661,694 SHARES ARE
    BENEFICIALLY                DIRECTLY HELD BY KPCB VIII AND 42,609 SHARES
      OWNED BY                  ARE DIRECTLY HELD BY KPCB ZF II.   KPCB VIII
     REPORTING                  ASSOCIATES IS THE GENERAL PARTNER OF KPCB VIII.
       PERSON                   KPCB VII ASSOCIATES IS THE GENERAL PARTNER OF
        WITH                    KPCB ZF II.  MR. KHOSLA IS THE GENERAL PARTNER
                                OF KPCB VIII ASSOCIATES AND KPCB VII
                                ASSOCIATES.  MR. KHOSLA DISCLAIMS BENEFICIAL
                                OWNERSHIP OF THE SHARES HELD DIRECTLY BY KPCB
                                VIII AND KPCB ZF II.

                      7    SOLE DISPOSITIVE POWER
                                                                      -0-

                      8    SHARED DISPOSITIVE POWER
                                1,704,303 SHARES OF WHICH 1,661,694 SHARES ARE
                                DIRECTLY HELD BY KPCB VIII AND 42,609 SHARES
                                ARE DIRECTLY HELD BY KPCB ZF II.   KPCB VIII
                                ASSOCIATES IS THE GENERAL PARTNER OF KPCB VIII.
                                KPCB VII ASSOCIATES IS THE GENERAL PARTNER OF
                                KPCB ZF II.  MR. KHOSLA IS THE GENERAL PARTNER
                                OF KPCB VIII ASSOCIATES AND KPCB VII
                                ASSOCIATES.  MR. KHOSLA DISCLAIMS BENEFICIAL
                                OWNERSHIP OF THE SHARES HELD DIRECTLY BY KPCB
                                VIII AND KPCB ZF II.

   9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                                                   1,704,303

  10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          / /
  11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                        9.2%
  12 TYPE OF REPORTING PERSON*
                                                                          IN



                        *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>
CUSIP NO. 0006828381      13G      Page 9 of 18 Pages


   1   NAME OF REPORTING PERSONS
       I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

            JOSEPH LACOB

   2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                            (a) / /   (b) /X/

   3   SEC USE ONLY


   4   CITIZENSHIP OR PLACE OF ORGANIZATION
            UNITED STATES

                      5    SOLE VOTING POWER
       NUMBER                                                         -0-
         OF           6    SHARED VOTING POWER
       SHARES                   1,704,303 SHARES OF WHICH 1,661,694 SHARES ARE
    BENEFICIALLY                DIRECTLY HELD BY KPCB VIII AND 42,609 SHARES
      OWNED BY                  ARE DIRECTLY HELD BY KPCB ZF II.   KPCB VIII
     REPORTING                  ASSOCIATES IS THE GENERAL PARTNER OF KPCB VIII.
       PERSON                   KPCB VII ASSOCIATES IS THE GENERAL PARTNER OF
        WITH                    KPCB ZF II.  MR. LACOB IS A GENERAL PARTNER OF
                                KPCB VIII ASSOCIATES AND KPCB VII ASSOCIATES.
                                MR. LACOB DISCLAIMS BENEFICIAL OWNERSHIP OF THE
                                SHARES HELD DIRECTLY BY KPCB VIII AND KPCB ZF
                                II.

                      7    SOLE DISPOSITIVE POWER
                                                                      -0-

                      8    SHARED DISPOSITIVE POWER
                                1,704,303 SHARES OF WHICH 1,661,694 SHARES ARE
                                DIRECTLY HELD BY KPCB VIII AND 42,609 SHARES
                                ARE DIRECTLY HELD BY KPCB ZF II.   KPCB VIII
                                ASSOCIATES IS THE GENERAL PARTNER OF KPCB VIII.
                                KPCB VII ASSOCIATES IS THE GENERAL PARTNER OF
                                KPCB ZF II.  MR. LACOB IS A GENERAL PARTNER OF
                                KPCB VIII ASSOCIATES AND KPCB VII ASSOCIATES.
                                MR. LACOB DISCLAIMS BENEFICIAL OWNERSHIP OF THE
                                SHARES HELD DIRECTLY BY KPCB VIII AND KPCB ZF
                                II.

   9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                                                   1,704,303

  10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          / /
  11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                        9.2%
  12   TYPE OF REPORTING PERSON*
                                                                         IN


                        *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>
CUSIP NO. 0006828381      13G      Page 10 of 18 Pages


   1   NAME OF REPORTING PERSONS
       I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

            DOUGLAS MACKENZIE

   2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                            (a) / /   (b) /X/

   3   SEC USE ONLY


   4   CITIZENSHIP OR PLACE OF ORGANIZATION
            UNITED STATES

                      5    SOLE VOTING POWER
       NUMBER                                                         -0-
         OF           6    SHARED VOTING POWER
       SHARES                   1,704,303 SHARES OF WHICH 1,661,694 SHARES ARE
    BENEFICIALLY                DIRECTLY HELD BY KPCB VIII AND 42,609 SHARES
      OWNED BY                  ARE DIRECTLY HELD BY KPCB ZF II.   KPCB VIII
     REPORTING                  ASSOCIATES IS THE GENERAL PARTNER OF KPCB VIII.
       PERSON                   KPCB VII ASSOCIATES IS THE GENERAL PARTNER OF
        WITH                    KPCB ZF II.  MR. MACKENZIE IS A GENERAL PARTNER
                                OF KPCB VIII ASSOCIATES AND KPCB VII
                                ASSOCIATES.  MR. MACKENZIE DISCLAIMS BENEFICIAL
                                OWNERSHIP OF THE SHARES HELD DIRECTLY BY KPCB
                                VIII AND KPCB ZF II.

                      7    SOLE DISPOSITIVE POWER
                                                                      -0-

                      8    SHARED DISPOSITIVE POWER
                                1,704,303 SHARES OF WHICH 1,661,694 SHARES ARE
                                DIRECTLY HELD BY KPCB VIII AND 42,609 SHARES
                                ARE DIRECTLY HELD BY KPCB ZF II.   KPCB VIII
                                ASSOCIATES IS THE GENERAL PARTNER OF KPCB VIII.
                                KPCB VII ASSOCIATES IS THE GENERAL PARTNER OF
                                KPCB ZF II.  MR. MACKENZIE IS A GENERAL PARTNER
                                OF KPCB VIII ASSOCIATES AND KPCB VII
                                ASSOCIATES.  MR. MACKENZIE DISCLAIMS BENEFICIAL
                                OWNERSHIP OF THE SHARES HELD DIRECTLY BY KPCB
                                VIII AND KPCB ZF II.

   9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                                                   1,704,303

  10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          / /
  11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                        9.2%
  12   TYPE OF REPORTING PERSON*
                                                                         IN



                        *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>
                                                           Page 11 of 18 Pages





ITEM 1(a)      NAME OF ISSUER:

               ONSALE, Inc.


ITEM 1(b)      ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

               1350 Willow Road
               Menlo Park, CA 94025

ITEM 2(a)-(c)  NAME, ADDRESS AND CITIZENSHIP OF PERSONS FILING:

               This statement is being filed by KPCB VIII Associates, whose 
               principal business address is 2750 Sand Hill Road, Menlo Park, 
               California 94025.  The names and business addresses and 
               citizenships of all the general partners of KPCB VIII 
               Associates are set forth on Exhibit B hereto.  In addition, 
               certain general partners of KPCB VIII Associates are also 
               general partners of KPCB VII Associates.

               KPCB VIII Associates is general partner to KPCB VIII.  KPCB 
               VII Associates is general partner to KPCB ZF II.  With respect 
               to KPCB VIII Associates, this statement relates only to KPCB 
               VIII Associates and, for those general partners of KPCB VIII 
               Associates who are also general partners of KPCB VII 
               Associates, KPCB VIII Associates' indirect, beneficial 
               ownership of the shares of Common Stock of ONSALE, Inc., held 
               directly by KPCB VIII and KPCB ZF II (the "Shares") and, to 
               the extent applicable, to the shares over which each general 
               partner exercises sole voting and dispositive control.  The 
               Shares are held directly by KPCB VIII and KPCB ZF II, and KPCB 
               VIII Associates and KPCB VII Associates do not directly or 
               otherwise hold any Shares. Management of the business affairs 
               of KPCB VIII Associates and KPCB VII Associates, including 
               decisions respecting disposition and/or voting of the Shares, 
               is by majority decision of the general partners of KPCB VIII 
               Associates and KPCB VII Associates, respectively, each of whom 
               disclaims beneficial ownership of the Shares.

ITEM 2(d)      TITLE OF CLASS OF SECURITIES:

               Common Stock

<PAGE>
                                                           Page 12 of 18 Pages

ITEM 2(e)      CUSIP NUMBER:

               0006828381


ITEM 3.        IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR  
               13d-2(b), CHECK WHETHER THE PERSON FILING IS A:           

               Not Applicable


ITEM 4.        OWNERSHIP.

               See items 5-11 of cover sheets hereto.

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.

               Under certain circumstances set forth in the limited 
               partnership agreements of KPCB VIII, KPCB VIII Associates, 
               KPCB VII, KPCB VII Associates and KPCB ZF II, the general and 
               limited partners of such entities may have the right to 
               receive dividends on, or the proceeds from the sale of the 
               Shares of ONSALE, Inc. held by such entity.  No such partner's 
               rights relate to more than five percent of the class.


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

<PAGE>

                                                           Page 13 of 18 Pages

ITEM 9.        NOTICE OF DISSOLUTION OF GROUP.

               Not Applicable


ITEM 10.       CERTIFICATION.

               Not Applicable


<PAGE>

                                                           Page 14 of 18 Pages


                                      SIGNATURES

     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.

<TABLE>

<S>                                   <C>
Date:  February 10, 1998

BROOK H. BYERS                        KPCB VIII ASSOCIATES, L.P., A CALIFORNIA
KEVIN R. COMPTON                      LIMITED PARTNERSHIP                      
L. JOHN DOERR
WILLIAM R. HEARST III
VINOD KHOSLA
JOSEPH S. LACOB                       By:  /s/ Kevin R. Compton      
DOUGLAS P. MACKENZIE                     -----------------------------------
                                           A General Partner         

By:  /s/ Michael S. Curry             KLEINER PERKINS CAUFIELD &        
     ----------------------------     BYERS VIII, L.P., A CALIFORNIA    
     Michael S. Curry                 LIMITED PARTNERSHIP               
     Attorney-in-Fact                                                   
                                      By KPCB VIII Associates, L.P., a  
                                      California Limited Partnership,   
                                      its General Partner               
                       
                                      By:  /s/ Kevin R. Compton     
                                         -----------------------------------
                                           A General Partner         

</TABLE>


<PAGE>

                                                           Page 15 of 18 Pages


                                    EXHIBIT INDEX

<TABLE>
<CAPTION>
                                                                 Found on
                                                               Sequentially
Exhibit                                                        Numbered Page
- -------                                                        -------------
<S>                                                                <C>
Exhibit A:  Agreement of Joint Filing                              16

Exhibit B:  List of General Partners of KPCB VIII Associates       17
</TABLE>

<PAGE>

                                                           Page 16 of 18 Pages

                                      EXHIBIT A


                              AGREEMENT OF JOINT FILING


          The undersigned hereby agree that they are filing jointly pursuant 
to Rule 13d-1 of the Act the amended statement dated February 10, 1998, 
containing the information required by Schedule 13G, for the Shares of 
ONSALE, Inc., held by KPCB VIII Associates, L.P., a California limited 
partnership, and with respect to the general partners, such other holdings as 
may be reported therein.


Date:  February 10, 1998

BROOK H. BYERS                      KLEINER PERKIKS CAUFIELD & BYERS VIII,  
KEVIN R. COMPTON                    L.P., A CALIFORNIA LIMITED PARTNERSHIP  
L. JOHN DOERR                                                          
WILLIAM R. HEARST III               By KPCB VIII Associates, L.P., a    
VINOD KHOSLA                        California limited partnership, its 
JOSEPH S. LACOB                     General Partner                     
DOUGLAS P. MACKENZIE
                                    By:  /s/ Kevin R. Compton        
                                       -----------------------------------
By:  /s/ Michael S. Curry                A General Partner           
   -------------------------------
     Michael S. Curry         
     Attorney-in-Fact         


KPCB VIII ASSOCIATES, A CALIFORNIA  
LIMITED PARTNERSHIP                 


By:  /s/ Kevin R. Compton          
   -------------------------------
     A General Partner          


<PAGE>
                                                           Page 17 of 18 Pages

                                      EXHIBIT B

                                 GENERAL PARTNERS OF
                KPCB VIII ASSOCIATES, A CALIFORNIA LIMITED PARTNERSHIP


          Set forth below, with respect to each general partner of KPCB VIII 
Associates, is the following: (a) name; (b) business address; and (c) 
citizenship.

1.   (a)  Brook H. Byers*
     (b) c/o Kleiner Perkins Caufield & Byers
          2750 Sand Hill Road
          Menlo Park, CA 94025
     (c)  United States Citizen

2.   (a)  Kevin R. Compton*
     (b) c/o Kleiner Perkins Caufield & Byers
          2750 Sand Hill Road
          Menlo Park, CA 94025
     (c)  United States Citizen

3.   (a)  L. John Doerr*
     (b) c/o Kleiner Perkins Caufield & Byers
          2750 Sand Hill Road
          Menlo Park, CA 94025
     (c)  United States Citizen

4.   (a)  William R. Hearst III*
     (b) c/o Kleiner Perkins Caufield & Byers
          2750 Sand Hill Road
          Menlo Park, CA 94025
     (c)  United States Citizen

5.   (a)  Vinod Khosla*
     (b) c/o Kleiner Perkins Caufield & Byers
          2750 Sand Hill Road
          Menlo Park, CA 94025
     (c)  United States Citizen

<PAGE>
                                                           Page 18 of 18 Pages

6.   (a)  Joseph S. Lacob*
     (b) c/o Kleiner Perkins Caufield & Byers
          2750 Sand Hill Road
          Menlo Park, CA 94025
     (c)  United States Citizen

7.   (a)  Douglas P. MacKenzie*
     (b) c/o Kleiner Perkins Caufield & Byers
          2750 Sand Hill Road
          Menlo Park, CA 94025
     (c)  United States Citizen








*    Listed individual is also a general partner of KPCB VII Associates, 
L.P., a California limited partnership.



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