Sabeer Bhatia - [DFJ was reluctant to endorse Four11's move into Hotmail's territory,...

[DFJ was reluctant to endorse Four11's move into Hotmail's territory, but Four11's evolution was inevitable.] Four11 was our directory when we launched our first product,.. But it became apparent to them that we would be very successful. We were sending more subscribers to Four11's directory in three or four months than they had amassed in two years. Even though I was told that DFJ had discouraged them from getting into the e-mail business because we were there already, they started developing it internally when they saw how successful it was for us.