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A Successful Pivot – Balihoo

January 13, 2012 /

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I vividly recall a night in September 2008. I was having a beer with Pete Gombert, CEO of Balihoo http://balihoo.com/ , one of our portfolio companies. We were celebrating the recent stretch of good fortune that the company was enjoying. The company was on the verge of closing multi-million dollar relationships with a couple of the largest advertising agencies in the world and some of the best known venture capital firms in Silicon Valley and Boston were drafting term sheets to invest in the company at lofty valuations. Times were good.

Posted by: Mark Solon

Full Story: http://www.highway12ventures.com/2012/01/13/a-successful-pivot/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+Highway12Ventures+%28Highway+12+Ventures%29

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