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Blog » Archive for July, 2010

1Mby1M Deal Radar 2010: HealthWarehouse.com, Cincinnati, Ohio

Posted on Wednesday, Jul 14th 2010

HealthWarehouse.com is an online pharmacy whose goal is to eliminate every possible layer of cost between drug manufacturers and consumers and pass those savings onto the consumer. It will soon be licensed in all 50 states (Maine is the last state to be licensed by the end of July) and is the fastest-growing and largest legal

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From Free To Premium With Ease: YouSendIt Cofounder Ranjith Kumaran (Part 7)

Posted on Tuesday, Jul 13th 2010

SM: I like that your business is simple and elegant. RK: The roots of the business were very simple. The focus was on the end user experience. It was an easy service to use and the product was not cluttered. If you look at other collaboration services there are 80 services there, most of which

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Seed Capital From Angel Investors: Mike Maples, Founder And Managing Partner, Floodgate (Part 2)

Posted on Tuesday, Jul 13th 2010

By guest authors Irina Patterson and Candice Arnold Irina: What are the key drivers of superangel investing? Mike: There is a combination of things. I think that part of it is low cost, but there’s a subtlety to it as well, which is this notion of hyper-agile behaviors in a company. So, if you’re able

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Seed Capital From Angel Investors: Mike Maples, Founder And Managing Partner, Floodgate (Part 1)

Posted on Tuesday, Jul 13th 2010

By guest authors Irina Patterson and Candice Arnold This is the twelfth interview in our series on financing for entrepreneurs. I am talking to Mike Maples, managing partner of Floodgate, a fund with the superangel approach that bridges the gap between initial seed money raised from traditional angel investors and traditional VCs, and aims to

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1Mby1M Deal Radar 2010: Accrisoft

Posted on Tuesday, Jul 13th 2010

Accrisoft Corporation provides SaaS solutions to organizations of all types. The company’s main products are Accrisoft Freedom, a content management system, and Accrisoft Business Tools, a software suite designed for website development companies to help manage their business and automate processes. The aim is to enable companies to manage their business from a single place

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From Free To Premium With Ease: YouSendIt Cofounder Ranjith Kumaran (Part 6)

Posted on Monday, Jul 12th 2010

SM: What was your revenue like when you first raised money? RK: It was getting close to $1M. We were three people but we had a very bandwidth intensive service. We had a substantial infrastructure that we were building out.

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Seed Capital From Angel Investors: Basil Peters, CEO and Fund Manager, Fundamental Technologies II (Part 15)

Posted on Monday, Jul 12th 2010

By guest authors Irina Patterson and Candice Arnold Basil: I remember when I was I student, I had no idea about business or life. It’s embarrassing how little we know in our early twenties, and what I’ve been trying to do is influence as many students as I can to think about entrepreneurship as a

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Seed Capital From Angel Investors: Basil Peters, CEO and Fund Manager, Fundamental Technologies II (Part 14)

Posted on Monday, Jul 12th 2010

By guest authors Irina Patterson and Candice Arnold Irina: And now what could angels do to increase their chances of success? Basil: I think for angels . . . number one is education. Angel investing is also changing right now, faster than ever before. There have been angels since we lived in caves.

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