CommerceNet · Palo Alto, CA United States
Company Description
View CommerceNet Locations On A US Map
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This link will open in a new window Where others see "pie in the sky" CommerceNet sees dollar signs. The tech incubator provides seed money and takes stakes in companies that often are just a glimmer in their founders' eyes. It helps its target companies fund their ideas, collaborate with other Internet companies, and in general advance the commercial aspects of the Internet. The organization operates the Open Network for Commerce Exchange (ONCE), a business-to-business trading community. Funded companies include Webify Solutions (health care provider software) and SupplyFrame (supply chain software). Internet pioneer Jay M. "Marty" Tenenbaum founded the lab/incubator/VC firm hybrid in 1994. To read the full description, subscribe now.
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Key CommerceNet Financials
| Company Type | Private - Association Single Location |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $1.2 |
| Employees | 15 |
CommerceNet Executives
5 executives listed for CommerceNet's Palo Alto, CA location.
| Title | Name & Bio | Contact |
| Chairman | Jay Tenenbaum | Network |
| Vice Chairman | Robert Rodin | Network |
| Executive Director and Director | Allan Schiffman | Network |
Competition
Competitive Landscape for CommerceNet
Demand is driven largely by the construction needs of companies and governments and the desire of industrial customers to improve the efficiency of operations. Profitability depends on the ability to accurately predict costs for a project. Small firms, which can effectively compete with larger ones by having expertise in a particular field, are often hired as consultants on larger projects if they have special expertise. Large firms are advantaged in designing and managing large projects. Average revenue per employee is about $200,000 for large firms, $115,000 for small ones. To read the full description, subscribe now.Top CommerceNet Competitors
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