For Serial Entrepreneurs, More Is Better
“It was just really, really early,” by about five years, as consumers didn’t know how to reach the Internet much less how to use a credit card on it, says Kraus.
Her firm refocused on corporate customers who could offer the concierge services to employees or members. After Circles grew to a $50 million revenue business, Kraus realized she wasn’t sure she was the one to take it to $250 million.
“I sold that company and started another the next day, literally the next day,” says Kraus, who likes the startup phase. “It’s fun. “It’s electric, it’s like nothing else.”
But every serial must end — sooner or later.
Kraus, Currier and Drury — all in their mid-40s with young children — have either shifted or plan to move from CEO to director-investor roles.
“I've probably started six companies and currently I’m trying to run none of them," says Currier, who, in addition to Ooga Labs, is in charge of its startup health technology firm, Jiff Inc. "I'm trying to be a chairman of a lot of these right now. I'm running two and I'm looking for CEOs.”