Tuesday October 3, 8:08 am Eastern Time
LocalBusiness.com Releases Fourth Quarter '50 To Watch' List In New York City
List Recognizes 1,350 Emerging Small- and Medium-Sized Companies in 27 Markets Nationwide
FORT LAUDERDALE, Fla., Oct. 3 /PRNewswire/ -- LocalBusiness.com,
(www.LocalBusiness.com), the essential business knowledge solution for small-
and medium-sized businesses, released today its quarterly ``50 to Watch'' list
(formerly ``dbusiness.com 50 to Watch'') of the 50 most newsworthy emerging
private and public small-to-medium-cap companies in each of its 27 markets
nationwide, including New York City.
Each quarter, LocalBusiness.com unveils its ``50 to Watch'' list that
highlights companies that are newsmakers and are poised for change. Some
companies have defined new standards, attracted significant venture capital
investment, forged influential business models, developed products and
services that will change business, while others may make the news in the next
quarter for the challenges they face.
``The companies on the LocalBusiness.com ''50 to Watch`` list represent a
diverse selection of emerging companies that will be making news over the next
three months. Some of these companies possess tremendous growth potential and
some face significant challenges in this volatile market,'' said Kurt
Greenbaum, Executive Editor of LocalBusiness.com.
``In other words, we can
learn as much from companies that are struggling as we can from those that are
thriving. Our readers visit LocalBusiness.com not only to use our business
tools, but also to receive in-depth coverage on these emerging companies in
To generate the LocalBusiness.com ``50 to Watch'' list, reporters and
editors research the public and private companies in their cities, network in
the VC and local business community and analyze the information sent to them
by companies who nominate themselves for the list.
significant venture capital funding, valuable customer contracts and new
markets are among the criteria that place companies on the ``50 to Watch'' list.
LocalBusiness.com's Fourth Quarter ``50 to Watch'' list for New York City
includes the following companies:
4 Kids Entertainment
- Rare Medium Group
- StarMedia Network
Take-Two Interactive Software
- The FeedRoom
The Princeton Review
Wit Soundview Group
How To Be Considered for the LocalBusiness.com ``50 To Watch'' List
Reporters and editors begin to develop each ``50 to Watch'' list early in
the preceding quarter by researching information about public and private
Overall, they seek companies that have attracted or will
be attracting substantial venture capital, possess strong management, that are
building new markets or job opportunities and that are poised for a major news
In addition, a company can nominate itself online to be considered for the
LocalBusiness.com ``50 to Watch'' list.
To nominate a company that might be
worthy of attention in one of the markets, simply visit
The deadline for
submissions is 15 business days prior to the end of each quarter.
LocalBusiness.com ``50 to Watch'' list will be for the first quarter of 2001 and
will be released on January 2, 2001.
LocalBusiness.com is the leading Internet provider of local business
applications, breaking local news and intelligence, tools and research
resources for small- and medium-sized businesses in over 28 major markets
across the United States. In addition, LocalBusiness.com provides its services
and applications under a private-label offering.
acquired TrueAdvantage, a top B2B online provider of private-label sales leads
and RFP (requests for proposals) services. With more than 100 private-label
partners accessing sales leads worth over $1.1 billion, TrueAdvantage has
built one of the largest private-label of RFP/sales leads networks in the
nation. The acquisition of TrueAdvantage, in addition to the 28 local B2B
destination sites and other private-label applications, has positioned
LocalBusiness.com as the leading business knowledge solution for small- and
medium-sized businesses. The company's institutional investors include U.S.
Equity Partners, L.P., the private equity fund sponsored by Wasserstein
Perella & Co., Inc., TMCT Ventures, a venture capital fund, and Tribune
Ventures, the strategic investment unit of Tribune Company.
also publishes digitalsouth magazine (digitalsouth.com), the only publication
that covers leading-edge technology companies, venture capital and finance
from the Mason-Dixon line to the Florida Keys and west to Texas.