<PAGE>
SCHEDULE 13G
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CUSIP No. 053331 10 4 Page 1 of 16 pages
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ___ )*
Autoweb.com, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
053331 10 4
--------------------------------
(CUSIP Number)
March 23, 1999
--------------------------------
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[_] Rule 13d-1(b)
[X] Rule 13d-1(c)
[_] Rule 13d-1(d)
*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 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 ("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>
SCHEDULE 13G
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CUSIP No. 053331 10 4 Page 2 of 16 pages
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1 NAME OF REPORTING PERSON Technology Crossover Ventures II, L.P.
See Item 2 for identification of General Partner
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
NUMBER OF 1,401,469(A)
SHARES ----------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0(A)
EACH ----------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 1,401,469(A)
WITH ----------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0(A)
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,401,469(A)
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [X]
(SEE INSTRUCTIONS)
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.0%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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(A) Excludes an aggregate of 1,528,183 shares owned beneficially by the other
reporting persons indicated in this Schedule 13G, as to which this
reporting person disclaims beneficial ownership.
<PAGE>
SCHEDULE 13G
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CUSIP No. 053331 10 4 Page 3 of 16 pages
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1 NAME OF REPORTING PERSON TCV II (Q), L.P.
See Item 2 for identification of General Partner
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
NUMBER OF 1,077,469(A)
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0(A)
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 1,077,469(A)
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0(A)
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,077,469(A)
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [X]
(SEE INSTRUCTIONS)
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.6%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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(A) Excludes an aggregate of 1,852,183 shares owned beneficially by the other
reporting persons indicated in this Schedule 13G, as to which this
reporting person disclaims beneficial ownership.
<PAGE>
SCHEDULE 13G
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CUSIP No. 053331 10 4 Page 4 of 16 pages
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1 NAME OF REPORTING PERSON TCV II Strategic Partners, L.P.
See Item 2 for identification of General Partner
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
NUMBER OF 191,212(A)
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0(A)
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 191,212(A)
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0(A)
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
191,212(A)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [X]
(SEE INSTRUCTIONS)
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.8%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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(A) Excludes an aggregate of 2,738,440 shares owned beneficially by the other
reporting persons indicated in this Schedule 13G, as to which this
reporting person disclaims beneficial ownership.
<PAGE>
SCHEDULE 13G
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CUSIP No. 053331 10 4 Page 5 of 16 pages
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1 NAME OF REPORTING PERSON Technology Crossover Ventures II, C.V.
See Item 2 for a list of General Partners
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles
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5 SOLE VOTING POWER
NUMBER OF 213,976(A)
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0(A)
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 213,976(A)
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0(A)
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
213,976(A)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [X]
(SEE INSTRUCTIONS)
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.9%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
- --------------------------------------------------------------------------------
(A) Excludes an aggregate of 2,715,676 shares owned beneficially by the other
reporting persons indicated in this Schedule 13G, as to which this
reporting person disclaims beneficial ownership.
<PAGE>
SCHEDULE 13G
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CUSIP No. 053331 10 4 Page 6 of 16 pages
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1 NAME OF REPORTING PERSON TCV II, V.O.F.
See Item 2 for a list of Managing General Partners
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles
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5 SOLE VOTING POWER
NUMBER OF 45,526(A)
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0(A)
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 45,526(A)
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0(A)
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
45,526(A)
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [X]
(SEE INSTRUCTIONS)
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.2%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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(A) Excludes an aggregate of 2,884,126 shares owned beneficially by the other
reporting persons indicated in this Schedule 13G, as to which this
reporting person disclaims beneficial ownership.
<PAGE>
SCHEDULE 13G
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CUSIP No. 053331 10 4 Page 7 of 16 pages
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1 NAME OF REPORTING PERSON Technology Crossover Management II, L.L.C.
See Item 2 for a list of Managing Members
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
NUMBER OF 2,929,652
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 2,929,652
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,929,652
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [X]
(SEE INSTRUCTIONS)
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.5%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
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<PAGE>
SCHEDULE 13G
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CUSIP No. 053331 10 4 Page 8 of 16 pages
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1 NAME OF REPORTING PERSON Jay C. Hoag
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 2,929,652
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 2,929,652
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,929,652
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [_]
(SEE INSTRUCTIONS)
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.5%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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<PAGE>
SCHEDULE 13G
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CUSIP No. 053331 10 4 Page 9 of 16 pages
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1 NAME OF REPORTING PERSON Richard H. Kimball
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) [_]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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5 SOLE VOTING POWER
NUMBER OF 0
SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 2,929,652
EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 2,929,652
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,929,652
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [_]
(SEE INSTRUCTIONS)
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.5%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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<PAGE>
SCHEDULE 13G
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CUSIP No. 053331 10 4 Page 10 of 16 pages
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Item 1.
(a) NAME OF ISSUER: Autoweb.com, Inc. (the "Company")
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 3270 Jay Street,
Building 6, Santa Clara, California 95054.
Item 2.
Set forth below is the following information with respect to each of the
persons filing this Schedule 13G (together, the "Filing Persons"): (a) name; (b)
address of principal offices (if entity) or residence or business address (if
individual); (c) citizenship (if individual) or jurisdiction of organization
(if entity); (d) title of class of securities and (e) CUSIP number.
I.
(a) Technology Crossover Ventures II, L.P., a Delaware limited partnership
("TCV II, L.P."). The General Partner of TCV II, L.P. is Technology
Crossover Management II, L.L.C., a Delaware limited liability company
("TCM II"). The sole Managing Members of TCM II are Jay C. Hoag
("Hoag") and Richard H. Kimball ("Kimball").
(b) 575 High Street, Suite 400, Palo Alto, CA 94301
(c) Delaware
(d) Common Stock
(e) 053331 10 4
II.
(a) TCV II (Q), L.P., a Delaware limited partnership ("TCV II (Q)"). The
General Partner of TCV II (Q) is TCM II.
(b) 575 High Street, Suite 400, Palo Alto, CA 94301
(c) Delaware
(d) Common Stock
(e) 053331 10 4
III.
(a) TCV II Strategic Partners, L.P., a Delaware limited partnership ("TCV
II Strategic Partners"). The General Partner of TCV II Strategic
Partners is TCM II.
(b) 575 High Street, Suite 400, Palo Alto, CA 94301
(c) Delaware
(d) Common Stock
(e) 053331 10 4
IV.
(a) Technology Crossover Ventures II, C.V., a Netherlands Antilles limited
partnership ("TCV II, C.V."). The General Partners of TCV II, C.V.
are TCM II and Technology Crossover Administrator II, N.V., a
Netherlands Antilles corporation ("TCA II"). TCA II is ultimately
controlled by Hoag and Kimball.
(b) Pietermaai 15, Willemstad, Curacao, Netherlands Antilles
(c) Netherlands Antilles
(d) Common Stock
(e) 053331 10 4
<PAGE>
SCHEDULE 13G
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CUSIP No. 053331 10 4 Page 11 of 16 pages
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V.
(a) TCV II, V.O.F., a Netherlands Antilles general partnership ("TCV II,
V.O.F."). The Managing General Partners of TCV II, V.O.F. are TCM II
and TCA II.
(b) Pietermaai 15, Willemstad, Curacao, Netherlands Antilles
(c) Netherlands Antilles
(d) Common Stock
(e) 053331 10 4
VI.
(a) Technology Crossover Management II, L.L.C., a Delaware limited
liability company.
(b) 575 High Street, Suite 400, Palo Alto, CA 94301
(c) Delaware
(d) Common Stock
(e) 053331 10 4
VII.
(a) Jay C. Hoag
(b) 575 High Street, Suite 400, Palo Alto, CA 94301
(c) U.S. citizen
(d) Common Stock
(e) 053331 10 4
VIII.
(a) Richard H. Kimball
(b) 575 High Street, Suite 400, Palo Alto, CA 94301
(c) U.S. citizen
(d) Common Stock
(e) 053331 10 4
Item 3.
Not Applicable
<PAGE>
SCHEDULE 13G
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CUSIP No. 053331 10 4 Page 12 of 16 pages
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Item 4.
(a), (b) and (c) This Schedule 13G shall not be construed as an admission that
any Filing Person is, either for purposes of Section 13(d) or 13(g) of the Act
or for other purposes, the beneficial owner of any Common Stock disclosed in
this Schedule 13G. The aggregate number and percentage of the class of
securities identified pursuant to Item 1 of this Schedule 13G that, pursuant to
Rule 13d-3, may be deemed to be beneficially owned by each Filing Person are as
follows:
<TABLE>
<CAPTION>
Common Stock
------------ Dispositive
Filing Person Beneficially Owned % of Class(1) Voting Power Power
- --------------------------- ------------------- --------------------- -------------- ----------------
<S> <C> <C> <C> <C>
TCV II, L.P. (2) 1,401,469 6.0% sole sole
TCV II (Q) (2) 1,077,469 4.6% sole sole
TCV II Strategic Partners (2) 191,212 0.8% sole sole
TCV II, C.V. (2) 213,976 0.9% sole sole
TCV II, V.O.F.(2) 45,526 0.2% sole sole
TCM II 2,929,652 12.5% sole sole
Hoag (3) 2,929,652 12.5% shared sole
Kimball (3) 2,929,652 12.5% shared sole
</TABLE>
____________________________________
(1) All percentages in this table are based on the 23,458,464 shares of Common
Stock of the Company outstanding, as reported in the Company's prospectus
filed with the Securities and Exchange Commission on March 23, 1999
pursuant to Rule 424(b)(3) under the Securities Act of 1933, as amended.
(2) Each noted entity (together, the "TCV II Funds") is the holder of record
of the securities set forth opposite the name of such entity and has sole
voting and investment power with respect to such securities. TCM II, as
sole General Partner of TCV II, L.P., TCV II (Q) and TCV II Strategic
Partners and as Investment General Partner of TCV II, C.V. and TCV II,
V.O.F., may also be deemed to have sole voting and investment power with
respect to such securities. TCM II disclaims beneficial ownership of such
securities except to the extent of its pecuniary interest therein.
(3) Under the operating agreement of TCM II, Hoag and Kimball have the
independent power to cause the funds managed by such entity to buy and
sell securities of publicly traded portfolio companies, however, in
general, they must act by unanimous consent with respect to all other
matters, including directing the voting of such securities. As a result,
Hoag and Kimball may also be deemed to have sole dispositive power and
shared voting power with respect to the securities held by the TCV II
Funds. Hoag and Kimball disclaim beneficial ownership of such securities
except to the extent of their respective pecuniary interests therein.
Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not Applicable.
<PAGE>
SCHEDULE 13G
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CUSIP No. 053331 10 4 Page 13 of 16 pages
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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
This Schedule 13G is being filed jointly pursuant to Rule 13d-1(k). As a
result of the relationships among the Filing Persons described herein, some or
all of the Filing Persons may be deemed to comprise a "group" within the meaning
of Section 13 and the Rules promulgated thereunder. However, the Filing Persons
deny such group status.
Item 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable.
Item 10. CERTIFICATION
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were not acquired and are not held for the purpose
of or with the effect of changing or influencing the control of the issuer of
the securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
<PAGE>
SCHEDULE 13G
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CUSIP No. 053331 10 4 Page 14 of 16 pages
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MATERIAL TO BE FILED AS EXHIBITS.
--------------------------------
The following exhibit was filed as Exhibit A to the Schedule 13D relating to
the Common Stock of Digital Generation Systems, Inc. filed by the undersigned
with the Securities and Exchange Commission on September 5, 1997 and is hereby
incorporated herein by reference, as updated by Exhibit B hereto:
Exhibit A - Statement Appointing Designated Filer and Authorized Signer dated
September 5, 1997
The following exhibit was filed as Exhibit B to the Schedule 13G relating to
the Common Stock of PSW Technologies, Inc. filed by the undersigned with the
Securities and Exchange Commission on October 23, 1998 and is hereby
incorporated herein by reference:
Exhibit B - October 23, 1998 Update to Exhibit A to the Designated Filer
Statement
<PAGE>
SCHEDULE 13G
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CUSIP No. 053331 10 4 Page 15 of 16 pages
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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.
Dated March 30, 1999
TECHNOLOGY CROSSOVER VENTURES II, L.P.,
a Delaware Limited Partnership
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
TCV II (Q), L.P.,
a Delaware Limited Partnership
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
TCV II STRATEGIC PARTNERS, L.P.,
a Delaware Limited Partnership
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
TECHNOLOGY CROSSOVER VENTURES II, C.V.,
a Netherlands Antilles Limited Partnership
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
TCV II, V.O.F.,
a Netherlands Antilles General Partnership
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
TECHNOLOGY CROSSOVER MANAGEMENT II, L.L.C.,
a Delaware Limited Liability Company
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
Jay C. Hoag
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
<PAGE>
SCHEDULE 13G
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CUSIP No. 053331 10 4 Page 16 of 16 pages
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Richard H. Kimball
By: /s/ Robert C. Bensky
--------------------------------------
Robert C. Bensky, Authorized Signatory
