E STAMP CORP
SC 13G, 2000-02-14
BUSINESS SERVICES, NEC
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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. _____)*


                              E-STAMP CORPORATION
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                                 COMMON STOCK
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                  269154 100
                        ------------------------------
                                 (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 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).

SEC 1745 (3-98)

                               Page 1 of 7 pages

<PAGE>

  CUSIP No. 269154 10 0

 ------------------------------------------------------------------------------
      NAMES OF REPORTING PERSONS.
 1.   I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).


      Neal Douglas
- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 2.                                                              (a) [_]
                                                                 (b) [X]
      NOT APPLICABLE
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3.


- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4.   USA


- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5.
     NUMBER OF

      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6.
                          2,162,764
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7.
    REPORTING

      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8.
                          2,162,764
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9.
      2,162,764
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10.   (SEE INSTRUCTIONS)
                                                                    [_]

- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.
      5.5%

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12.
      IN

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

                               Page 2 of 7 pages


<PAGE>

  CUSIP No. 269154 10 0

 ------------------------------------------------------------------------------
      NAMES OF REPORTING PERSONS.
 1.   I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).


      Richard Bodman
- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 2.                                                             (a) [_]
                                                                (b) [X]
      Not Applicable
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3.


- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4.   USA


- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5.
     NUMBER OF

      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6.
                          2,162,764
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7.
    REPORTING

      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8.
                          2,162,764
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9.
      2,162,764
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10.    (SEE INSTRUCTIONS)
                                                                    [_]

- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.
      5.5%

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12.
      IN

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

                                  Page 3 of 7 pages


<PAGE>

  CUSIP No. 269154 10 0

 ------------------------------------------------------------------------------
      NAMES OF REPORTING PERSONS.
 1.   I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).


      Brad Burnham
- ------------------------------------------------------------------------------
      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
 2.                                                             (a) [_]
                                                                (b) [X]
      Not applicable
- ------------------------------------------------------------------------------
      SEC USE ONLY
 3.


- ------------------------------------------------------------------------------
      CITIZENSHIP OR PLACE OF ORGANIZATION
 4.   USA


- ------------------------------------------------------------------------------
                          SOLE VOTING POWER
                     5.
     NUMBER OF

      SHARES       -----------------------------------------------------------
                          SHARED VOTING POWER
   BENEFICIALLY      6.
                          2,162,764
     OWNED BY
                   -----------------------------------------------------------
       EACH               SOLE DISPOSITIVE POWER
                     7.
    REPORTING

      PERSON       -----------------------------------------------------------
                          SHARED DISPOSITIVE POWER
       WITH          8.
                          2,162,764
- ------------------------------------------------------------------------------
      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 9.
      2,162,765
- ------------------------------------------------------------------------------
      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10.   (SEE INSTRUCTIONS)
                                                                    [_]

- ------------------------------------------------------------------------------
      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.
      5.5%

- ------------------------------------------------------------------------------
      TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12.
      IN

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

                                  Page 4 of 7 pages

<PAGE>

Item 1.

     (a) Name of Issuer:         E-Stamp Corporation

     (b) Address of Issuer's Principal Executive Offices:

         850 Saginaw Drive, 2nd Floor
         Redwood City, CA  94061

Item 2.

     (a) Name of Person Filing:    The persons listed on Exhibit A

     (b) Address of Principal Business Office or, if none, Residence:

         c/o AT&T Ventures
         295 N. Maple Avenue
         Room 3354A2
         Basking Ridge, NJ 07920

     (c) Citizenship:    USA

     (d) Title of Class of Securities:  Common Stock

     (e) CUSIP Number:

Item 3. Not Applicable.

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.

     (a)  Amount beneficially owned: **

     (b)  Percent of class: **


     (c)  Number of shares as to which the person has:

          (i)   Sole power to vote or to direct the vote. **

          (ii)  Shared power to vote or to direct the vote. **

          (iii) Sole power to dispose or to direct the disposition of. **

          (iv)  Shared power to dispose or to direct the disposition of. **

       ** Lines 5-11 of pages 2-4 of this Schedule are incorporated herein by
       reference and show, respectively, the ownership of each reporting person.
       Venture Fund I, LP owns 216,276 shares of E-Stamp Corporation common
       stock.  The general partner of Venture Fund I, LP. is Venture Management
       I. Messrs. Douglas, Bodman and Burnham are the general partners of
       Venture Management I and, as a result, may be deemed to share the power
       to vote and dispose of the shares held by Venture Fund I, LP.  AT&T
       Venture Fund II, LP owns 1,946,488 shares of E-Stamp Corporation common
       stock.  The general partner of AT&T Venture Fund II, LP is Venture
       Management LLC. Messrs. Douglas, Bodman and Burnham are the managers of
       Venture Management LLC and, as a result, may be deemed to share the power
       to vote and dispose of the shares held by AT&T Venture Fund II, LP.  Each
       reporting person disclaims beneficial ownership of shares owned by the
       partnerships, except to the extent of their interest in the partnerships.

  Instruction. For computations regarding securities which represent a right to
acquire an underlying security see (S)240.13d-3(d)(1).

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 respective limited partnership
agreements of Venture Fund I, LP and AT&T Venture Fund II, LP, the general and
limited partners of such entities may have the right to receive dividends on or
the proceeds from the sale of shares of E-Stamp Corporation held by such entity.
No such partners' rights relate to more than 5% of the class.

                               Page 5 of 7 pages
<PAGE>

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.

Item 9.   Notice of Dissolution of Group

 Not Applicable.

Item 10.   Certification

 Not Applicable.

                                   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 10, 2000

   /s/ Neal Douglas
   ---------------------------

   Neal Douglas

   /s/ Richard Bodman
   ---------------------------
   Richard Bodman

   /s/ Brad Burnham
   ---------------------------
   Brad Burnham

                               Page 6 of 7 pages

<PAGE>

                                   EXHIBIT A
                                   ---------

                   AGREEMENT FOR JOINT FILING OF SCHEDULE 13G


     THE UNDERSIGNED PERSONS AND ENTITIES HEREBY agree to file with the
Securities and Exchange Commission a joint Schedule 13G on behalf of each of the
undersigned with respect to their ownership of shares of Common Stock of E-Stamp
Corporation.



                                               /s/ Neal Douglas
                                              ---------------------------
                                              Neal Douglas

                                               /s/ Richard Bodman
                                              ----------------------------
                                              Richard Bodman

                                               /s/ Brad Burnham
                                              ----------------------------
                                              Brad Burnham

                              Pages 7 of 7 pages


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