Gaudet's Pet Insurance Startup Lost Millions in Committed Funding in 2000
Charles Gaudet · EP 343: The Fast Way to Make Money In RealEstate with Charles Gaudet · Jul 2, 2016 · at 2:53
Charles Gaudet discusses how the 2000 market crash led to the collapse of his pet health insurance startup.
“We were nominated as one of the nation's best seed stage companies by Ernst & Young, selected as such by Venture One. We had several million committed to us by a venture capitalist, and when the crash of 2000 happened the venture capitalist he, well, actually, he was more of a private investor walked in the boardroom with my team and said, hey guys, you know, the crash happened. All the money's dried up.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →