Westlake Venture Partners was established in 2001 to assist young and
emerging companies in the growth and success of their business. Created
and managed by the original, four founders of NetZero, Westlake Venture
Partners employs both practical and innovative business strategies, as well
as capital investments, to help our portfolio companies succeed in achieving
their business goals.
Engineers by training and business men by nature, Ronald Burr, Stacy Haitsuka, Marwan Zebian and Harold MacKenzie founded and incubated NetZero in the Spring of 1997 through IMPACT Software, their IT consulting business that serviced Fortune 500 companies. The NetZero service was first launched in October of 1998. It quickly became one of the fastest growing companies during the Internet boom. In only eleven months from its launch, NetZero went public in September of 1999. From its inception, NetZero experienced the type of explosive growth that was the envy of its peers. Through skillful management and sound business decisions, NetZero was able to avoid the pitfalls and errors that caused many Internet companies to fail. Unlike other Internet startups at that time, the four founders eschewed the Internet dogma of "growth at all cost" and instead focused on:
From its launch in 1998 through 2001, NetZero raised over $400 million; signed multi-million dollar deals with companies such as GM, Qualcomm and Compaq Computers; filed 50 patents (seven of which have been issued so far); acquired over seven companies; serviced over 5 million subscribers; and maintained one of the highest service quality ratings for Internet Service Providers. In the summer of 2001, NetZero acquired Juno, their closest competitor, and created United Online (Nasdaq: UNTD). Having accomplished their goals in securing the future success of the company, the four founders believed the time was right to move on and to utilize their knowledge and experience to assist young companies and entrepreneurs in achieving their own success. |