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Page 2 of 2 from Caveat Subscriber
Kiri Blakeley, Forbes Magazine, 05.28.01

Tonny Yu, 34, founded Mailshell in January 1999. "I got annoyed with all the junk e-mail I was receiving," he says. Yu, a heavy Internet user, found himself deluged. He had just sold his first venture, an online price-comparison service called ComputerESP, to CNET for $21 million in stock. He began investing $5 million in what would become Mailshell and its "e-mail caller ID" technology.

Two months ago Mailshell began charging $4,000 to $35,000 a month for targeted advertising. It has met with some resistance from advertisers displeased with the idea of supporting a technology that can banish their pitches in an instant. "We have to educate them," says Eytan Urbas, Mailshell's marketing vice president.

Mailshell hopes to turn a profit eventually, by licensing its technology to Internet service providers and businesses. Yu began pitching the software only last month and won't talk pricing. But for those of us who just want peace restored to our in-box, Mailshell is priceless.



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