Friday, March 8, 2019

Startup.com Documentary

Startup.com was a great documentary that captured a great amount of information with the big boom with the start of internet and how new opportunities opened up for everyone and ready to jump it. The story started when the two friends have an idea of opening a company called govWorks.com which will help the consumers to pay their parking tickets, renew their licenses and even do other things while being at home. It sounded very great but the biggest failure was they couldn't deliver what they promised and had big huge problems with their upper administration. The company grew exponentially and became harder for the Co-CEO to handle it. Kaleil Tuzman was the in charge of the finances in the company and the Tom Herman was the in charge of the Technology in the company. The third founder Kenneth got $700,000 for his share in the company which was very less than the worth of his share in his company and the value of the company was much more than that. Kaleil worked pretty good in generating the funds for the company and also making them a popular name in the news headlines. The revenue they generated was more than 60 million dollars but because of having next to low experience and needed good programmers to make the website functional and usable. It was little awkward seeing Tom getting kicked out of the office and It was interesting that the Kaleil's computer got breached and now he is serving time for fraud and data breach. 

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