<PAGE>
United States
Securities and Exchange Commission
Washington, DC 20549
-----------------------------
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. __________________) *
Wit Capital
-------------------------------
(Name of Issuer)
Common Stock, .01 Par Value
---------------------------------
(Title of Class of Securities)
97737K309
---------
(CUSIP Number)
December 31, 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)
[_] Rule 13d-1(c)
[X] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting
persons' 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).
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CUSIP NUMBER 97737K309
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1. Name of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above
Persons (Entities Only)
Draper Fisher Jurvetson Fund V, L.P.
- -------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (see Instructions
(a) [_]
(b) [x]
- -------------------------------------------------------------------------------
3. SEC Use Only
- -------------------------------------------------------------------------------
4. Citizenship or Place of Organization
California
- -------------------------------------------------------------------------------
Number of Shares Beneficially Owned By Each Reporting Person With:
5. Sole Voting Power
3,765,876
6. Shared Voting Power
0
7. Sole Dispositive Power
3,765,876
8. Shared Dispositive Power
0
- -------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
4,200,667
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10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (see
Instructions)
[_]
- -------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
5.7%
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12. Type of Reporting Person (see Instructions)
PN
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2
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CUSIP NUMBER 97737K309
- -------------------------------------------------------------------------------
1. Name of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above
Persons (Entities Only)
Draper Fisher Jurvetson Management Company V, LLC
- -------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (see Instructions
(a) [_]
(b) [x]
- -------------------------------------------------------------------------------
3. SEC Use Only
- -------------------------------------------------------------------------------
4. Citizenship or Place of Organization
California
- -------------------------------------------------------------------------------
Number of Shares Beneficially Owned By Each Reporting Person With:
5. Sole Voting Power
8,152
6. Shared Voting Power
3,765,876
7. Sole Dispositive Power
8,152
8. Shared Dispositive Power
3,765,876
- -------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
4,200,667
- -------------------------------------------------------------------------------
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (see
Instructions)
[_]
- -------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
5.7%
- -------------------------------------------------------------------------------
12. Type of Reporting Person (see Instructions)
OO
- -------------------------------------------------------------------------------
3
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CUSIP NUMBER 97737K309
- -------------------------------------------------------------------------------
1. Name of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above
Persons (Entities Only)
Timothy C. Draper
- -------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (see Instructions
(a) [_]
(b) [x]
- -------------------------------------------------------------------------------
3. SEC Use Only
- -------------------------------------------------------------------------------
4. Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares Beneficially Owned By Each Reporting Person With:
5. Sole Voting Power
75,502
6. Shared Voting Power
4,008,042
7. Sole Dispositive Power
75,502
8. Shared Dispositive Power
4,008,042
- -------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
4,200,667
- -------------------------------------------------------------------------------
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (see
Instructions)
[_]
- -------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
5.7%
- -------------------------------------------------------------------------------
12. Type of Reporting Person (see Instructions)
IN
- -------------------------------------------------------------------------------
4
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CUSIP NUMBER 97737K309
- -------------------------------------------------------------------------------
1. Name of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above
Persons (Entities Only)
John H.N. Fisher
- -------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (see Instructions
(a) [_]
(b) [x]
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3. SEC Use Only
- -------------------------------------------------------------------------------
4. Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares Beneficially Owned By Each Reporting Person With:
5. Sole Voting Power
62,236
6. Shared Voting Power
3,995,794
7. Sole Dispositive Power
62,236
8. Shared Dispositive Power
3,995,794
- -------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
4,200,667
- -------------------------------------------------------------------------------
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (see
Instructions)
[_]
- -------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
5.7%
- -------------------------------------------------------------------------------
12. Type of Reporting Person (see Instructions)
IN
- -------------------------------------------------------------------------------
5
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CUSIP NUMBER 97737K309
- -------------------------------------------------------------------------------
1. Name of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above
Persons (Entities Only)
Stephen T. Jurvetson
- -------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (see Instructions
(a) [_]
(b) [x]
- -------------------------------------------------------------------------------
3. SEC Use Only
- -------------------------------------------------------------------------------
4. Citizenship or Place of Organization
United States
- -------------------------------------------------------------------------------
Number of Shares Beneficially Owned By Each Reporting Person With:
5. Sole Voting Power
54,887
6. Shared Voting Power
3,995,794
7. Sole Dispositive Power
54,887
8. Shared Dispositive Power
3,995,794
- -------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
4,200,667
- -------------------------------------------------------------------------------
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (see
Instructions)
[_]
- -------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
5.7%
- -------------------------------------------------------------------------------
12. Type of Reporting Person (see Instructions)
IN
- -------------------------------------------------------------------------------
6
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CUSIP NUMBER 97737K309
- -------------------------------------------------------------------------------
1. Name of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above
Persons (Entities Only)
Draper Fisher Jurvetson Partners V, LLC
- -------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (see Instructions
(a) [_]
(b) [x]
- -------------------------------------------------------------------------------
3. SEC Use Only
- -------------------------------------------------------------------------------
4. Citizenship or Place of Organization
California
- -------------------------------------------------------------------------------
Number of Shares Beneficially Owned By Each Reporting Person With:
5. Sole Voting Power
221,766
6. Shared Voting Power
0
7. Sole Dispositive Power
221,766
8. Shared Dispositive Power
0
- -------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
4,200,667
- -------------------------------------------------------------------------------
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares (see
Instructions)
[_]
- -------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
5.7%
- -------------------------------------------------------------------------------
12. Type of Reporting Person (see Instructions)
OO
- -------------------------------------------------------------------------------
7
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CUSIP NUMBER 97737K309
- -------------------------------------------------------------------------------
1. Name of Reporting Persons
I.R.S. Identification Nos. of
Persons (Entities Only)
JABE, LLC
- -------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (see Instructions
(a) [ ]
(b) [X]
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3. SEC Use Only
- --------------------------------------------------------------------------------
4. Citizenship or Place of Organization
California
- --------------------------------------------------------------------------------
Number of Shares Beneficially Owned By Each Reporting Person With:
5. Sole Voting Power
12,248
6. Shared Voting Power
0
7. Sole Dispositive Power
12,248
8. Shared Dispositive Power
0
- --------------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
4,200,667
- --------------------------------------------------------------------------------
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
(see Instructions)
[ ]
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
5.7%
- --------------------------------------------------------------------------------
12. Type of Reporting Person (see Instructions)
OO
- --------------------------------------------------------------------------------
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Item 1(a) Name of Issuer: Wit Capital
Item 1(b) Address of Issuer's principal executive offices:
826 Broadway, 6th Floor, New York, NY 10003
Item 2(a) Name of person filing:
Draper Fisher Jurvetson Fund V, L.P.
Draper Fisher Jurvetson Management Company V, LLC
Timothy C. Draper
John H.N. Fisher
Stephen T. Jurvetson
Draper Fisher Jurvetson Partners V, LLC
JABE, LLC
Item 2(b) Address of principal business office or, if none, residence:
400 Seaport Court, Suite 250, Redwood City, CA 94063
Item 2(c) Citizenship:
Draper Fisher Jurvetson Fund V, L.P. California
Draper Fisher Jurvetson Management
Company V, LLC California
Timothy C. Draper United States
John H.N. Fisher United States
Stephen T. Jurvetson United States
Draper Fisher Jurvetson Partners V, LLC California
JABE, LLC California
Item 2(d) Title of class of securities: Common Stock
Item 2(e) CUSIP No.: 97737K309
Item 3. If this statement is filed pursuant to (S) 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
(a) [_] Broker or dealer registered under section 15 of the act (15
u.s.c. 78o).
(b) [_] Bank as defined in section 3(a)(6) of the act (15 u.s.c. 78c).
(c) [_] Insurance company as defined in section 3(a)(19) of the act (15
u.s.c. 78c).
(d) [_] Investment company registered under section 8 of the investment
company act of 1940 (15 u.s.c. 80a-8).
(e) [_] An investment adviser in accordance with (S)
240.13d-1(b)(1)(ii)(e);
9
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(f) [_] An employee benefit plan or endowment fund in accordance with
(S) 240.13d-1(b)(1)(ii)(f);
(g) [_] A parent holding company or control person in accordance with
(S) 240.13d-1(b)(1)(ii)(g);
(h) [_] A savings association as defined in section 3(b) of the federal
deposit insurance act (12 u.s.c. 1813);
(i) [_] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the investment
company act of 1940 (15 u.s.c. 80a-3);
(j) [_] Group, in accordance with (S) 240.13d-1(b)(1)(ii)(j).
Item 4. Ownership. Provide the following information regarding the aggregate
number and percentage of the class of securities of the issuer
identified in Item 1.
See rows 5 through 11 of cover pages.
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not Applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company or Control
Person.
Not Applicable.
Item 8. Identification and Classification of Members of the Group.
Not Applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certifications.
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were required were acquired and are held in the
ordinary course of business and 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.
10
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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: February 11, 2000 Draper Fisher Jurvetson Fund V, L.P.
By: /s/ Tim Draper
----------------------------
Name: Tim Draper
Title: Managing Director
Draper Fisher Jurvetson Management
Company V, LLC
By: /s/ Tim Draper
----------------------------
Name: Tim Draper
Title: Managing Director
/s/ Tim Draper
-----------------------------------
Timothy C. Draper
/s/ John Fisher
-----------------------------------
John H.N. Fisher
/s/ Stephen Jurvetson
-----------------------------------
Stephen T. Jurvetson
Draper Fisher Jurvetson Partners V, LLC
By: /s/ Tim Draper
----------------------------
Name: Tim Draper
Title: Managing Director
JABE, LLC
By: /s/ Tim Draper
----------------------------
Name: Tim Draper
Title: Managing Director
11
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Exhibit Index
Exhibit Description
99.1 Statement pursuant to Rule 13d-1(k)(1)(iii), filed herewith
12
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Exhibit 99.1
Pursuant to Rule 13d-1(k)(1)(iii) of Regulation 13D-G of the General Rules
and Regulations of the Securities and Exchange Commission under the Securities
and Exchange Act of 1934, as amended, the undersigned agrees that the statement
to which this Exhibit is attached is filed on behalf of each of them.
Dated: February 11, 2000
Draper Fisher Jurvetson Fund V, L.P.
By: /s/ Tim Draper
------------------------------------
Name: Tim Draper
Title: Managing Director
Draper Fisher Jurvetson Management
Company V, LLC
By: /s/ Tim Draper
------------------------------------
Name: Tim Draper
Title: Managing Director
/s/ Tim Draper
---------------------------------------
Timothy C. Draper
/s/ John Fisher
---------------------------------------
John H.N. Fisher
/s/ Stephen Jurvetson
---------------------------------------
Stephen T. Jurvetson
Draper Fisher Jurvetson Partners V, LLC
By: /s/ Tim Draper
------------------------------------
Name: Tim Draper
Title: Managing Director
<PAGE>
JABE, LLC
By: /s/ Tim Draper
----------------------------------
Name: Tim Draper
Title: Managing Director
