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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. )*
XOOM.com, Inc.
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(Name of Issuer)
COMMON STOCK, $0.0001 PAR VALUE
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(Title of Class of Securities)
98413F 101
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(CUSIP Number)
December 9, 1998
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(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)
[ ] Rule 13d-1(c)
[X] 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).
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB control number.
SEC 1745 (3-98)
Page 1
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CUSIP No. 98413F 101
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NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Naveen Jain
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF
672,673
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY 30,030
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EACH SOLE DISPOSITIVE POWER
7
REPORTING
672,673
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
30,030
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
702,703
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
5.1%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12
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Page 2
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Item 1(a) Name of Issuer: XOOM.com, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
433 Califormia Street, Suite 910, San Francisco, CA 94104
Item 2(a) Name of Person Filing: Naveen Jain
Item 2(b) Address of Principal Business Office:
15375 N.E. 90th Street, Redmond, WA 98052
Item 2(c) Citizenship:
United States
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
98413F 101
Item 3. N/A
Item 4. Ownership.
(a) Amount Beneficially Owned: 702,703
(b) Percent of Class: 5.1%
(c) Number of shares as to which each person has:
(i) sole power to vote or to direct the vote
672,673
(ii) shared power to vote or to direct the vote
30,030*
(iii) sole power to dispose or to direct the disposition
of
672,673
(iv) shared power to dispose or to direct the disposition
of
30,030*
* Represents 30,030 shares of Common Stock held by Internet
Investments. Mr. Jain is the managing member of Internet Investments and may be
deemed to be the beneficial of such shares.
Item 5. Ownership of Five Percent or Less of a Class.
N/A
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
N/A
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
N/A
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group
N/A
Item 10 Certification
N/A
Page 3
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set in this statement is true, complete and
correct.
Date: February 12, 1999
By: /s/ Naveen Jain
Naveen Jain
