– The Entrepreneur’s Tale

December 1, 2006 at 10:57 pm Leave a comment

The unexpected commitment of cash capped nearly two years of struggle. Since leaving Microsoft in early 2001 to found his own company, Nosa Omoigui had burned through his Microsoft stock options, maxed out numerous credit cards, and faced foreclosure on his home — all to keep his startup alive.

His handful of employees had been working without pay, out of their homes, for months. They met once a week at Jitters, a Bellevue coffee house. Omoigui had given himself to the end of 2002 to secure outside money, or close up shop.

Entry filed under: Internet Startup. was purchased for $10 million Making money from Adsense

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About Biz News

My Name is Bisi and this is my blog This blog features stories that I have read that I think are interesting . I usually bookmark the stories that I find interesting but they are getting too many . I have decided to catalog and share them on this site . I am not really promoting the site so you might have accidentally stumbled on it . Thanks for visiting .
December 2006
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