<PAGE> 1
- --------------------- ------------------
CUSIP NO. 318224 10 2 13G Page 1 of 19 Pages
- --------------------- ------------------
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), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)
(Amendment No._______)*
FirePond, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
318224 10 2
- --------------------------------------------------------------------------------
(CUSIP Number)
February 4, 2000
- --------------------------------------------------------------------------------
(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
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 ("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).
(Continued on following pages)
Page 1 of 19 Pages
<PAGE> 2
- --------------------- ------------------
CUSIP NO. 318224 10 2 13G Page 2 of 19 Pages
- --------------------- ------------------
- --------------------------------------------------------------------------------
(1) NAME OF REPORTING PERSON TCV III, L.P.
See Item 2 for identification of General Partner
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tax ID Number:
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
(5) SOLE VOTING POWER
130,810(A)
--------------------------------------------------
NUMBER OF (6) SHARED VOTING POWER
SHARES 0(A)
BENEFICALLY --------------------------------------------------
OWNED BY (7) SOLE DISPOSITIVE POWER
EACH 130,810(A)
REPORTING --------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
0(A)
--------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH REPORTING PERSON
130,810(A)
- --------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [X]
- --------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.4%
- --------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
(A) Excludes an aggregate of 3,664,125 shares owned beneficially by the other
reporting persons indicated in this Schedule 13G, as to which this
reporting person disclaims beneficial ownership.
<PAGE> 3
- --------------------- ------------------
CUSIP NO. 318224 10 2 13G Page 3 of 19 Pages
- --------------------- ------------------
- --------------------------------------------------------------------------------
(1) NAME OF REPORTING PERSON TCV III (Q), L.P.
See Item 2 for identification of General Partner
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tax ID Number:
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
(5) SOLE VOTING POWER
3,476,771(A)
--------------------------------------------------
NUMBER OF (6) SHARED VOTING POWER
SHARES 0(A)
BENEFICALLY --------------------------------------------------
OWNED BY (7) SOLE DISPOSITIVE POWER
EACH 3,476,771(A)
REPORTING --------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
0(A)
--------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH REPORTING PERSON
3,476,771(A)
- --------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [X]
- --------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.6%
- --------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
(A) Excludes an aggregate of 318,164 shares owned beneficially by the other
reporting persons indicated in this Schedule 13G, as to which this
reporting person disclaims beneficial ownership.
<PAGE> 4
- --------------------- ------------------
CUSIP NO. 318224 10 2 13G Page 4 of 19 Pages
- --------------------- ------------------
- --------------------------------------------------------------------------------
(1) NAME OF REPORTING PERSON TCV III STRATEGIC PARTNERS, L.P.
See Item 2 for identification of General Partner
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tax ID Number:
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
(5) SOLE VOTING POWER
156,614(A)
--------------------------------------------------
NUMBER OF (6) SHARED VOTING POWER
SHARES 0(A)
BENEFICALLY --------------------------------------------------
OWNED BY (7) SOLE DISPOSITIVE POWER
EACH 156,614(A)
REPORTING --------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
0(A)
--------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH REPORTING PERSON
156,614(A)
- --------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [X]
- --------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.5%
- --------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
(A) Excludes an aggregate of 3,638,321 shares owned beneficially by the other
reporting persons indicated in this Schedule 13G, as to which this
reporting person disclaims beneficial ownership.
<PAGE> 5
- --------------------- ------------------
CUSIP NO. 318224 10 2 13G Page 5 of 19 Pages
- --------------------- ------------------
- --------------------------------------------------------------------------------
(1) NAME OF REPORTING PERSON TCV III (GP)
See Item 2 for a list of Managing General Partners
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tax ID Number:
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
(5) SOLE VOTING POWER
27,540(A)
--------------------------------------------------
NUMBER OF (6) SHARED VOTING POWER
SHARES 0(A)
BENEFICALLY --------------------------------------------------
OWNED BY (7) SOLE DISPOSITIVE POWER
EACH 27,540(A)
REPORTING --------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
0(A)
--------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH REPORTING PERSON
27,540(A)
- --------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [X]
- --------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.1%
- --------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
(A) Excludes an aggregate of 3,767,395 shares owned beneficially by the other
reporting persons indicated in this Schedule 13G, as to which this
reporting person disclaims beneficial ownership.
<PAGE> 6
- --------------------- ------------------
CUSIP NO. 318224 10 2 13G Page 6 of 19 Pages
- --------------------- ------------------
- --------------------------------------------------------------------------------
(1) NAME OF REPORTING PERSON TECHNOLOGY CROSSOVER MANAGEMENT III, L.L.C.
See Item 2 for a list of Managing Members
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tax ID Number:
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
(5) SOLE VOTING POWER
3,791,735(A)
--------------------------------------------------
NUMBER OF (6) SHARED VOTING POWER
SHARES 0(A)
BENEFICALLY --------------------------------------------------
OWNED BY (7) SOLE DISPOSITIVE POWER
EACH 3,791,735(A)
REPORTING --------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
0(A)
--------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH REPORTING PERSON
3,791,735(A)
- --------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [X]
- --------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.6%
- --------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
(A) Excludes an aggregate of 3,200 shares owned beneficially by the other
reporting persons indicated in this Schedule 13G, as to which this
reporting person disclaims beneficial ownership.
<PAGE> 7
- --------------------- ------------------
CUSIP NO. 318224 10 2 13G Page 7 of 19 Pages
- --------------------- ------------------
- --------------------------------------------------------------------------------
(1) NAME OF REPORTING PERSON TCV FRANCHISE FUND, L.P.
See Item 2 for identification of General Partner
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tax ID Number:
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
(5) SOLE VOTING POWER
3,200(A)
--------------------------------------------------
NUMBER OF (6) SHARED VOTING POWER
SHARES 0(A)
BENEFICALLY --------------------------------------------------
OWNED BY (7) SOLE DISPOSITIVE POWER
EACH 3,200(A)
REPORTING --------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
0(A)
--------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH REPORTING PERSON
3,200(A)
- --------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [X]
- --------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
- --------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
(A) Excludes an aggregate of 3,791,735 shares owned beneficially by the other
reporting persons indicated in this Schedule 13G, as to which this
reporting person disclaims beneficial ownership.
<PAGE> 8
- --------------------- ------------------
CUSIP NO. 318224 10 2 13G Page 8 of 19 Pages
- --------------------- ------------------
- --------------------------------------------------------------------------------
(1) NAME OF REPORTING PERSON TCVF MANAGEMENT, L.L.C.
See Item 2 for a list of Managing Members
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tax ID Number:
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
(5) SOLE VOTING POWER
3,200(A)
--------------------------------------------------
NUMBER OF (6) SHARED VOTING POWER
SHARES 0(A)
BENEFICALLY --------------------------------------------------
OWNED BY (7) SOLE DISPOSITIVE POWER
EACH 3,200(A)
REPORTING --------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
0(A)
--------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH REPORTING PERSON
3,200(A)
- --------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [X]
- --------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
- --------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
(A) Excludes an aggregate of 3,791,735 shares owned beneficially by the other
reporting persons indicated in this Schedule 13G, as to which this
reporting person disclaims beneficial ownership.
<PAGE> 9
- --------------------- ------------------
CUSIP NO. 318224 10 2 13G Page 9 of 19 Pages
- --------------------- ------------------
- --------------------------------------------------------------------------------
(1) NAME OF REPORTING PERSON JAY C. HOAG
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tax ID Number:
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
- --------------------------------------------------------------------------------
(5) SOLE VOTING POWER
0
--------------------------------------------------
NUMBER OF (6) SHARED VOTING POWER
SHARES 3,794,935
BENEFICALLY --------------------------------------------------
OWNED BY (7) SOLE DISPOSITIVE POWER
EACH 3,794,935
REPORTING --------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
0
--------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH REPORTING PERSON
3,794,935
- --------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.6%
- --------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
<PAGE> 10
- --------------------- -------------------
CUSIP NO. 318224 10 2 13G Page 10 of 19 Pages
- --------------------- -------------------
- --------------------------------------------------------------------------------
(1) NAME OF REPORTING PERSON RICHARD H. KIMBALL
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Tax ID Number:
- --------------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
(3) SEC USE ONLY
- --------------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
- --------------------------------------------------------------------------------
(5) SOLE VOTING POWER
0
--------------------------------------------------
NUMBER OF (6) SHARED VOTING POWER
SHARES 3,794,935
BENEFICALLY --------------------------------------------------
OWNED BY (7) SOLE DISPOSITIVE POWER
EACH 3,794,935
REPORTING --------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
0
--------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICALLY OWNED BY EACH REPORTING PERSON
3,794,935
- --------------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [ ]
- --------------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.6%
- --------------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
<PAGE> 11
- --------------------- -------------------
CUSIP NO. 318224 10 2 13G Page 11 of 19 Pages
- --------------------- -------------------
ITEM 1.
(a) NAME OF ISSUER: FirePond, Inc. (the "Company")
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
Waltham Woods Corporate Center
890 Winter Street Suite 300
Waltham, MA 02451
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) TCV III, L.P., a Delaware limited partnership ("TCV III,
L.P."). The General Partner of TCV III, L.P. is
Technology Crossover Management III, L.L.C., a Delaware
limited liability company ("TCM III"). The sole Managing
Members of TCM III 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) 318224 10 2
II.
(a) TCV III (Q), L.P., a Delaware limited partnership ("TCV
III (Q)"). The General Partner of TCV III (Q) is TCM
III.
(b) 575 High Street, Suite 400, Palo Alto, CA 94301
(c) Delaware
(d) Common Stock
(e) 318224 10 2
III.
(a) TCV III Strategic Partners, L.P., a Delaware limited
partnership ("TCV III SP"). The General Partner of TCV
III Strategic Partners is TCM III.
(b) 575 High Street, Suite 400, Palo Alto, CA 94301
(c) Delaware
(d) Common Stock
(e) 318224 10 2
IV.
(a) TCV III (GP), a Delaware general partnership ("TCV III
(GP)"). The Managing General Partner of TCV III (GP) is
TCM III.
(b) 575 High Street, Suite 400, Palo Alto, CA 94301
(c) Delaware
(d) Common Stock
(e) 318224 10 2
<PAGE> 12
- --------------------- -------------------
CUSIP NO. 318224 10 2 13G Page 12 of 19 Pages
- --------------------- -------------------
V.
(a) Technology Crossover Management III, L.L.C., a Delaware
limited liability company.
(b) 575 High Street, Suite 400, Palo Alto, CA 94301
(c) Delaware
(d) Common Stock
(e) 318224 10 2
VI.
(a) TCV Franchise Fund, L.P., a Delaware limited partnership
("TCV FF"). The General Partner of TCV FF is TCVF
Management, L.L.C., a Delaware limited liability company
("TCVF"). The sole Managing Members of TCVF are Hoag and
Kimball.
(b) 575 High Street, Suite 400, Palo Alto, CA 94301
(c) Delaware
(d) Common Stock
(e) 318224 10 2
VII.
(a) TCVF Management, L.L.C., a Delaware limited liability
company.
(b) 575 High Street, Suite 400, Palo Alto, CA 94301
(c) Delaware
(d) Common Stock
(e) 318224 10 2
VIII.
(a) Jay C. Hoag
(b) 575 High Street, Suite 400, Palo Alto, CA 94301
(c) U.S. Citizen
(d) Common Stock
(e) 318224 10 2
IX.
(a) Richard H. Kimball
(b) 575 High Street, Suite 400, Palo Alto, CA 94301
(c) U.S. Citizen
(d) Common Stock
(e) 318224 10 2
ITEM 3.
Not Applicable
<PAGE> 13
- --------------------- -------------------
CUSIP NO. 318224 10 2 13G Page 13 of 19 Pages
- --------------------- -------------------
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 III, L.P.(2) 130,810 0.4% sole sole
TCV III (Q)(2) 3,476,771 10.6% sole sole
TCV III SP(2) 156,614 0.5% sole sole
TCV III (GP)(2) 27,540 0.1% sole sole
TCM III 3,791,735 11.6% sole sole
TCV FF(3) 3,200 0.0% sole sole
TCVF(3) 3,200 0.0% sole sole
Hoag(4) 3,794,935 11.6% shared sole
Kimball(4) 3,794,935 11.6% shared sole
</TABLE>
(1) All percentages in this table are based on the
32,751,713 shares of Common Stock of the Company
outstanding, as reported in the Company's
prospectus filed with the Securities and Exchange
Commission on February 4, 2000 pursuant to Rule
424(b)(4) under the Securities Act of 1933, as
amended.
(2) Each noted entity (together, the "TCV III 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 III, as sole General Partner of TCV
III, L.P., TCV III (Q), TCV III (GP) and TCV III
SP, may also be deemed to have sole voting and
investment power with respect to such securities.
TCM III disclaims beneficial ownership of such
securities except to the extent of its pecuniary
interest therein.
(3) TCV FF is the holder of record of the securities
set forth opposite its name and has sole voting and
investment power with respect to such securities.
TCVF, as sole General Partner of TCV FF, may also
be deemed to have sole voting and investment power
with respect to such securities. TCVF disclaims
beneficial ownership of such securities except to
the extent of its pecuniary interest therein.
(4) Under the operating agreement of TCM III and TCVF,
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 III Funds and TCV FF. 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> 14
- --------------------- -------------------
CUSIP NO. 318224 10 2 13G Page 14 of 19 Pages
- --------------------- -------------------
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> 15
- --------------------- -------------------
CUSIP NO. 318224 10 2 13G Page 15 of 19 Pages
- --------------------- -------------------
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
The following exhibit was filed as Exhibit C to the Schedule 13G
relating to the Common Stock of Cacheflow, Inc. filed by the undersigned with
the Securities and Exchange Commission on November 29, 1999 and is hereby
incorporated herein by reference:
Exhibit C - Agreement to File Jointly and Statement Appointing
Designated Filer and Authorized Signatory
The following exhibit is attached hereto:
Exhibit D - Agreement to File Jointly and Statement Appointing
Designated Filer and Authorized Signatory, February 9, 2000
<PAGE> 16
- --------------------- -------------------
CUSIP NO. 318224 10 2 13G Page 16 of 19 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.
Dated: February 9, 2000
TCV III, L.P.,
a Delaware Limited Partnership
By: /s/ Robert C. Bensky
-----------------------------
Robert C. Bensky
Authorized Signatory
TCV III (Q), L.P.,
a Delaware Limited Partnership
By: /s/ Robert C.Bensky
------------------------------
Robert C. Bensky
Authorized Signatory
TCV III STRATEGIC PARTNERS, L.P.,
a Delaware Limited Partnership
By: /s/ Robert C. Bensky
------------------------------
Robert C. Bensky
Authorized Signatory
TCV III (GP),
a Delaware General Partnership
By: /s/ Robert C. Bensky
------------------------------
Robert C. Bensky
Authorized Signatory
<PAGE> 17
- --------------------- -------------------
CUSIP NO. 318224 10 2 13G Page 17 of 19 Pages
- --------------------- -------------------
TECHNOLOGY CROSSOVER
MANAGEMENT III, L.L.C.,
a Delaware Limited Liability Company
By: /s/ Robert C. Bensky
-----------------------------------
Robert C. Bensky
Authorized Signatory
TCV Franchise Fund, L.P.,
a Delaware Limited Partnership
By: /s/ Robert C. Bensky
-----------------------------------
Robert C. Bensky
Authorized Signatory
TCVF MANAGEMENT, 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
RICHARD H. KIMBALL
By: /s/ Robert C. Bensky
-----------------------------------
Robert C. Bensky
Authorized Signatory
<PAGE> 18
- --------------------- -------------------
CUSIP NO. 318224 10 2 13G Page 18 of 19 Pages
- --------------------- -------------------
Exhibit D
AGREEMENT TO FILE JOINTLY AND STATEMENT APPOINTING DESIGNATED FILER
AND AUTHORIZED SIGNATORY, FEBRUARY 9, 2000
Each of the undersigned entities and individuals (collectively, the
"Reporting Persons") hereby authorizes and designates Technology Crossover
Management II, L.L.C. or such other person or entity as is designated in writing
by Robert C. Bensky (the "Designated Filer") as the beneficial owner to prepare
and file on behalf of such Reporting Person individually, or jointly together
with other reporting persons, any and all reports, notices, communications and
other documents (including, but not limited to, reports on Schedule 13D,
Schedule 13G, Form 3, Form 4 and Form 5) that such Reporting Person may be
required to file with the United States Securities and Exchange Commission
pursuant to the Securities Act of 1933, as amended (together with the
implementing regulations thereto, the "Act") and the Securities Exchange Act of
1934, as amended (together with the implementing regulations thereto, the
"Exchange Act") (collectively, the "Reports") with respect to the Reporting
Person's ownership of, or transactions in, securities of any entity whose
securities are beneficially owned (directly or indirectly) by such Reporting
Person (collectively, the "Companies").
Each Reporting Person hereby further authorizes and designates Robert C.
Bensky (the "Authorized Signatory") to execute and file on behalf of such
Reporting Person the Reports and to perform any and all other acts, which in the
opinion of the Designated Filer or Authorized Signatory may be necessary or
incidental to the performance of the foregoing powers herein granted.
The authority of the Designated Filer and the Authorized Signatory under
this Document with respect to each Reporting Person shall continue until such
Reporting Person is no longer required to file any Reports with respect to the
Reporting Person's ownership of, or transactions in, the securities of the
Companies, unless earlier revoked in writing. Each Reporting Person acknowledges
that the Designated Filer and the Authorized Signatory are not assuming any of
the Reporting Person's responsibilities to comply with the Act or the Exchange
Act.
REPORTING PERSONS:
February 9, 2000 TCV Franchise Fund, L.P.,
a Delaware Limited Partnership
By: TCVF Management, L.L.C.,
a Delaware Limited Liability Company
Its General Partner
By: /s/ Jay C. Hoag
---------------------------------------
Jay C. Hoag, Managing Member
<PAGE> 19
- --------------------- -------------------
CUSIP NO. 318224 10 2 13G Page 19 of 19 Pages
- --------------------- -------------------
February 9, 2000 TCVF Management, L.L.C.,
a Delaware Limited Liability Company
By: /s/ Jay C. Hoag
-------------------------------
Jay C. Hoag, Managing Member
DESIGNATED FILER:
February 9, 2000 Technology Crossover Management II, L.L.C.,
a Delaware Limited Liability Company
By: /s/ Jay C. Hoag
---------------------------------------
Jay C. Hoag, Managing Member
AUTHORIZED SIGNATORY:
February 9, 2000 Robert C. Bensky
By: /s/ Robert C. Bensky
---------------------------------------
Robert C. Bensky
