CommuniTech.Net is one of the world's most successful Web hosting companies, with 24,000 clients in 130 countries. Gabe Murphy and Brian Heitman started the company in 1997 while Murphy was attending Cornell University and Heitman was in high school. The business plan for the company was born when Murphy enrolled in a course in entrepreneurship.
Gabe Murphy received his B.S. from Cornell University in 1999.
Having a lot of customers turn off, that's correct, and so going back to the term sheet, one of the things that we are putting in the term sheet part of the purchase terms is what is called a revenue test and what that is is we are requiring them-we will pay one times revenue but we will only pay on...(Full transcript available to logged in subscribers.).
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Gabe Murphy Discusses Importance of Market Research Reports - Especially in Getting VC Funding
Gabe Murphy Discusses Maintaining and Growing the Business through Positive Cash Flows
Gabe Murphy Discusses Philosophy Related to Term Sheets and the Ethics of Doing a Deal
Gabe Murphy Discusses Importance of Understanding Industry Research Before Speaking to VCs
Gabe Murphy Discusses Learning from Failures and the Importance of Writing a Business Plan
Gabe Murphy States Lenders Need to Be Comfortable with Numbers Before they Will Evaluate Overall Business
