FOUNDER MUSINGS

Our Series B Term Sheet was signed, all we were waiting for was the VC to wire the money. The day the money was to be wired was the day that Lehman Brothers and Bear Sterns collapsed starting the Great Recession. With no investment coming in and with our revenues dwindling, we built Kabam and sold for over a billion dollars... Building a corporate social network was all about our users enhancing their reputation at work. But this wasn't something that people were so passionate about that they would go home to google more information. This is problematic from a marketing point of view at that time since we were working in a space that people did not naturally look for, it was hard to "benefit from SEO marketing"... Thoughts of founding and building a billion dollar startup