Table of Contents 
INFOSPACE, INC. 
  
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued) 
  
Years Ended December 31, 2001, 2000 and 1999 
  
On June 13, 2000, Go2Net acquired 1,624,959 shares of preferred stock of iMandi Corporation valued at $5.0 million. The investment 
valuation price was determined by prices paid by other independent investors who invested in iMandi in the same financing round as Go2Net. 
In conjunction with the equity investment Go2Net entered into an advertising, marketing and distribution agreement with iMandi Corporation. 
Go2Net recognized revenues of $1.0 million for the year ended December 31, 2000 under this agreement. Vulcan Ventures was a minority 
shareholder of iMandi Corporation at the time of the Go2Net investment. InfoSpace recognized $1.6 million in revenue in 2001 from services 
provided to iMandi.  
  
On February 29, 2000, Go2Net acquired 3,086,095 shares of preferred stock of AskMe.com and received fully vested warrants to acquire 
an additional 202,000 shares of common stock. The stock and warrants were valued at $10.1 million. The stock investment valuation was 
determined by prices paid by other independent investors who invested in AskMe.com (XpertSite) in the same round of financing as Go2Net. 
The warrant valuation was determined using the Black Scholes valuation method on the date the warrants were received. In conjunction with 
the equity investment Go2Net entered into a marketing and distribution agreement with XpertSite. Go2Net recognized revenues of $2.1 million 
for the year ended December 31, 2000 under this agreement. Revenue associated with these warrants is recognized on a straight lined basis 
over the life of the agreement. Vulcan Ventures was a minority shareholder of XpertSite at the time of the Go2Net investment. In 2001, 
InfoSpace received 1,543,048 shares of preferred stock in XpertSite for payment of services provided by InfoSpace and for termination of the 
agreement between Go2Net and XpertSite. InfoSpace valued the shares at the last round of financing less a discount. InfoSpace recognized 
$3.7 million of revenue in 2001 for these services.  
  
On February 7, 2000, Go2Net acquired 130,000 shares of common stock of National Discount Brokers (NDB) and received warrants to 
acquire an additional 130,000 shares of common stock. The warrants have been exercised and all the shares of common stock have been sold as 
of December 31, 2000. The stock and exercised warrants were valued at $7.8 million which was based on the value on the purchase date. In 
conjunction with the equity investment Go2Net entered into an advertising, marketing, distribution and license agreement with NDB. Go2Net 
recognized revenues of $6.5 million for the year ended December 31, 2000 under this agreement. Vulcan Ventures was a minority shareholder 
of NDB at the time of the Go2Net investment. Go2Net's former chief executive officer was a board member of NDB. InfoSpace recognized 
$6.0 million in revenue in 2001 from services provided to NDB.  
  
In July 1999, Go2Net acquired 896,057 shares of common stock of CommTouch Software, LTD. (CommTouch) and received warrants to 
acquire an additional 1,136,000 shares of common stock. The stock and warrants were valued at $22.3 million. The investment valuation was 
based on the market price for this publicly traded stock. In conjunction with the equity investment, Go2Net received one seat on the 
CommTouch board of directors and entered into a distribution and marketing agreement with CommTouch. Vulcan Ventures was a minority 
shareholder of CommTouch at the time of the Go2Net investment. Go2Net recognized $3.2 million and $1.1 million of revenue associated with 
the warrants in 2000 and 1999, respectively. InfoSpace recognized $3.0 million of revenue in 2001 from the amortization of deferred revenue 
from these warrants. Although InfoSpace has the rights to one board seat, that seat is presently vacant and the Company does not presently 
intend to appoint anyone to that seat.  
  
In July 1999, Go2Net acquired 428,571 shares of common stock of Click2Learn, Inc. (Click2Learn) and received warrants to acquire an 
additional 428,571 shares of common stock. The stock and warrants were valued at $3.2 million. The investment valuation was based on the 
market price for this publicly traded stock. In conjunction with the equity investment, Go2Net entered into a three year marketing, distribution, 
licensing and  
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