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Are You a Startup Looking for Funding?

How We Got Funded: Qualtrics - RF CafeThis is a different kind of venture capital story. Tables are turned in this story where, rather than the company founders desperately chasing after investors with deep pockets, the investors pursue a highly successful startup. Qualtrics is a data collection and analytics company that grew from a father and son basement operation in 2002 to $48M in sales in 2012. They boast such clients as Barnes & Noble and Zappos. Ryan Smith, the son, decided in 2009 to chum the investment waters and was overwhelmed with responses (I'm not going to call the VCs sharks... not here, anyway). This short article in Inc. magazine recounts his selection process. The old adage about everyone loving a winner rings true here.

Are You a Startup Looking for Funding? - RF Cafe

Posted  May 2013

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