WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE SHEETS OF THEGLOBE.COM AS OF DECEMBER 31, 1998 AND 1997, RESPECTIVELY, AND THE RELATED STATEMENTS OF OPERATIONS, STOCKHOLDERS' EQUITY (DEFICIENCY) AND CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 1998 AND 1997, RESPECTIVELY, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. <ARTICLE> 5 <PERIOD-TYPE> 12-MOS 12-MOS <FISCAL-YEAR-END> Dec-31-1998 Dec-31-1997 <PERIOD-START> Jan-01-1998 Jan-01-1997 <PERIOD-END> Dec-31-1998 Dec-31-1997 <CASH> 29,250,572 5,871,291 <SECURITIES> 898,546 13,003,173 <RECEIVABLES> 2,305,011 266,209 <ALLOWANCES> 300,136 12,000 <INVENTORY> 0 0 <CURRENT-ASSETS> 32,832,824 19,128,673 <PP&E> 4,387,521 435,394 <DEPRECIATION> 824,962 109,552 <TOTAL-ASSETS> 38,129,878 19,462,172 <CURRENT-LIABILITIES> 5,823,531 2,011,297 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 1,450 <COMMON> 10,312 1,154 <OTHER-SE> 30,290,311 17,346,840 <TOTAL-LIABILITY-AND-EQUITY> 38,129,878 19,462,172 <SALES> 0 0 <TOTAL-REVENUES> 5,509,818 770,293 <CGS> 0 0 <TOTAL-COSTS> 2,238,871 423,706 <OTHER-EXPENSES> 20,129,680 4,229,607 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 123,724 0 <INCOME-PRETAX> (15,966,722) (3,548,300) <INCOME-TAX> 78,918 36,100 <INCOME-CONTINUING> (16,045,640) (3,584,400) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (16,045,640) (3,584,400) <EPS-PRIMARY> (6.74) (3.13) <EPS-DILUTED> (6.74) (3.13)