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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. 1 )
---
HYPERMEDIA COMMUNICATIONS, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
448917104
(CUSIP Number)
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13G
CUSIP NO. 448917104 PAGE 2 OF 8 PAGES
--------------------- ----- -----
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MK Global Ventures II, a California Limited Partnership 77-0237126
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b) x
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands, B.W.I.
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5 SOLE VOTING POWER
NUMBER OF 925,450
SHARES --------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
EACH --------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH 925,450
--------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
925,450
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
30.7%
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12 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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13G
CUSIP NO. 448917104 PAGE 3 OF 8 PAGES
--------------------- ----- -----
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MK Global Management II, a California Limited Partnership 77-0237129
---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b) x
---------------------------------------------------------------------
3 SEC USE ONLY
---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
---------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 925,450
SHARES --------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
EACH --------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH 925,450
--------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
925,450
---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
30.7%
---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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13G
CUSIP NO. 448917104 PAGE 4 OF 8 PAGES
--------------------- ----- -----
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Michael D. Kaufman ###-##-####
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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.A.
---------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 57,931
SHARES --------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,075,450
EACH --------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH 57,931
--------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,075,450
--------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,133,381
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
37.5%
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12 TYPE OF REPORTING PERSON*
IN
---------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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13G
CUSIP NO. 448917104 PAGE 5 OF 8 PAGES
--------------------- ----- -----
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gregory P. Lahann ###-##-####
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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.A.
---------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF 0
SHARES --------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,075,450
EACH --------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON WITH 0
--------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,075,450
--------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,075,450
---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
35.6%
---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
---------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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SCHEDULE 13G
ITEM 1.
(a) Hypermedia Communications, Inc.
(b) 901 Mariner's Island Blvd., Suite 365,
San Mateo, California 94404
ITEM 2.
(a) Michael D. Kaufman ("Kaufman")
Greg Lahann ("Lahann")
MK Global Ventures II, a California Limited Partnership ("MKGV II")
MK Global Management II, a California Limited Partnership ("MKGM II")
(b) Butterfield House
Fort Street
Grand Cayman, Cayman Islands
(for MKGV II)
2471 E. Bayshore Rd
Suite 520
Palo Alto, CA 94303
(for Kaufman, Lahann, and MKGM II)
(c) Cayman Islands (MKGV II)
U.S.A. (Kaufman, Lahann, MKGM II);
(d) Common Stock
(e) 448917 10 4
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b),
CHECK WHETHER THE PERSON FILING IS A:
N/A
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ITEM 4. OWNERSHIP
(a) Kaufman: 1,133,381
Lahann: 1,075,450
MKGV II: 925,450
MKGM II: 925,450
(b) Kaufman: 37.5%
Lahann: 35.6%
MKGV II: 30.7%
MKGM II: 30.7%
(c) Kaufman: Reporting person has sole power to vote or to direct the
vote of, and to dispose or to direct the disposition of, 57,931
shares, and shared power to vote or to direct the vote of, and to
dispose or to direct the disposition of, 1,075,450 shares.
Lahann: Reporting person has shared power to vote or to direct the
vote of, and to dispose or to direct the disposition of, 1,075,450
shares.
MKGV II: Reporting person has sole power to vote or to direct the
vote of, and to dispose or to direct the disposition of, 925,450
shares.
MKGM II: Reporting person has sole power to vote or to direct
the vote of, and to dispose or to direct the disposition of, 925,450
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.
All shares reported to be beneficially owned by MKGM II are owned by
MKGV II, of which MKGM II is the sole general partner.
All shares reported to be beneficially owned by Kaufman are owned by
MK Global Ventures, a California Limited Partnership ("MKGV"), MK GVD
Fund, a California Limited Partnership ("MKGVD"), or MKGV II; Kaufman
is the general partner of the general partner of MKGV, a general
partner of the general partner of MKGVD, and a general partner of MKGM
II.
All shares reported to be beneficially owned by Lahann are owned by
MKGVD or MKGV II; Lahann is a general partner of the general partner
of MKGVD and a general partner of MKGM II.
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MKGV (and not its general partner nor Kaufman) has the right to
receive the dividends from, and the proceeds from the sale of, all
shares owned by MKGV, and Kaufman hereby disclaims beneficial
ownership of all shares owned by MKGV. MKGVD (and not its general
partner, Kaufman, nor Lahann) has the right to receive the dividends
from, and the proceeds from the sale of, all shares owned by MKGVD,
and Kaufman and Lahann hereby disclaim beneficial ownership of all
shares owned by MKGVD. MKGV II (and not MKGM II, Kaufman, nor Lahann)
has the right to receive the dividends from, and the proceeds from the
sale of, all shares owned by MKGV II, and MKGM II, Kaufman, and Lahann
hereby disclaim beneficial ownership of all shares owned by MKGV II.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
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
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purposes or effect.
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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.
Date: February 14, 1997
-------------------
/s/ Michael D. Kaufman
____________________________________
Michael D. Kaufman
/s/ Gregory P. Lahann
____________________________________
Gregory P. Lahann
____________________________________
MK Global Ventures II, by MK Global
Management II, its general partner, by
Michael D. Kaufman, a general partner of
MKGM II
____________________________________
MK Global Management II, by
Michael D. Kaufman, a general partner
