As part of her growth strategy, founder Kimbra Orr is eying photo sharing and gifting companies like Shutterfly, Zazzle, Café Press, Costco, Walmart and Walgreens as potential OEM channel partners. By Sramana Mitra (Founder, One Million By One Million) The idea for the business came to founder Kimbra Orr in 1998 when she saw a [...]
Posts Tagged "Cash Flow"
By Brad Feld (Managing Director, Foundry Group) Editor’s note: This is a continuation from last week’s introduction to cap tables. When we were last with our SayAhh cofounders, they had implemented an accounting system and Jane had contributed $50,000 for a 55/45% equity split. This week we introduce two of SayAhh’s key accounting documents: the [...]
By Brad Feld (Managing Director, Foundry Group) Jane and Dick, our fearless co-founders of SayAhh, have set up an accounting system and created their first set of financial statements. This week, they set out to create their cap table and hire a CTO. The founders each have common shares that will vest over four years. [...]