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Why I Invested in Gogii (textPlus) – My First Ever Later Stage Deal

Both Sides of the Table

I invested in LA-based Gogii , one of the fastest growing, most exciting mobile social networking companies you’ve never heard of and maker of a product called textPlus. But who exactly is Gogii, what is textPlus and why are they so exciting if I’ve never heard of them? You fish where your customers are.

Gogii 310
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Ten Tech Entrepreneurs Who Are Putting LA on the Map

SoCal Delicious

Even though their business model was tweaked a little while ago to give customers additional leniency, the business is still expecting to break $100 million in revenue this year, up from $25 million in 2010. I worthy cause, with a tough customer, the DOD. Gogii / TextPlus is absolutely one of the best patron cos here in LA.

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Interview with Matthew Graczyk, Zubican

socalTECH

Once, is we've licensed content from sources, two, is companies can take control of their profile and customize their information, and three, we've harvested information off the Internet to augment the profiles. He's now at Gogii, which has received investment from Kleiner. build in three different ways. COM, and Vivendi Universal.

SEO 100
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Can You Really Build a Great Tech Firm Outside Silicon Valley?

Both Sides of the Table

If you hit a groove on funding and customer growth it does become a challenge to ramp quickly. Hautelook, Gogii, Magento. Hit some bumps in the road? Outside the Valley we have struggles, too. In LA you can attract a great team to build out your first 30-50 employees. Let’s be honest – we’re not Silicon Valley.