FINAL CHAPTER? CHIPSHOT.COM FILES FOR BANKRUPTCY PROTECTION

          CA-based Chipshot.com has filed for Chapter 11
     bankruptcy-court protection, "marking the possible end of
     the online golf-equipment retailer's struggle to stay
     afloat," according to Sharon Cleary of the WALL STREET
     JOURNAL INTERACTIVE, who writes that "nearly all" of the
     company's employees have "been let go."  Cleary notes that
     in June, Chipshot.com "closed its fourth and most-recent
     round" of venture-capital funding at $24.5M.  The company
     then "quickly realized it was burning through cash and
     returned to its investors for additional funds -- with
     little luck."  Chipshot.com's investors include Sequoia
     Capital and Oracle Venture Fund.  Sequoia partner Tom
     Stephenson is Chipshot.com Chair (WSJ.com, 10/12).