The text message sent by our investor was perfectly clear. I had less then 25 hours on me to save the whole project.
A week before things where different.
Eric, Pawel, Bobby, Asim and Zesi had all done great job and it was time for me to meet the first customers before the imminent lauch.
I grabbed my phone, booked some meeting and head towards Oslo in my worn-down Longboard.eu VW bus.
I was a bit nervous since this would be the first time we showed the Assignment Broker parts of Models-n-Shoots.
But the feedback was great! They loved it and maybe what we planned and built for the last 2,5 years would fly!
But one thing was missing: money. Our Chairman of the Board who was elected in May had put finding money on top of his to-do list. Now it was September and no firm deal was done. The company was running super-low on fuel... Voices started to rise about fixing it and then all went haywire from there:
- The CoB broke up Friday evening by text message "Good bye! You do not have to call."
- The investors panicked and look into reconstructing the company
- Then when I was in Stockholm for customer and investors meeting, they just wanted to kill us.
The day after the SEK 2 million text message, I was offered to buy the investor's shares for like nothing, promising I took full responsibility for the whole company or choose to accept bancrupcy. I bought their shares.
So there I was. In Stockholm with cool project ready to launched but out of money. So we really needed a new investor.
On top our list we have: Solve the problem.
And with a lot of help and support from my friends - we did!
This Wednesday at CET 23:30 (21:30Z) in a nice restaurant in Stockhlm the deal was finally made.
The due-diligence had been conducted, a mile long list of bullets have been solved, and the massive amount of papers where singed. All we waited for in the restaurant was to hear from our accountant. My dear iPhone received the email at 22:41 and the investors lawyers approved his comment at 23:17 by email, and when seeing that, I showed the investor and we shook hands!
Gaaaaaah!!!! Four mad weeks and three of them with intense stress and pressure was over!
But there is no time to celebrate. We are long overdue of launching Models-n-Shoots: helping the customers save time and getting job offerings to Talents.
But our plan to fix that is summarized in: Customer Launch Tour
I guess most of forthcoming posts will be about that.
So sorry for not being able to have the launch party the 23:rd of October, and not taking care of the Icelandic/Linköping photo shoot. But these events will be re-planned as soon as possible.
See ya out there!
/Morre
1 comment:
Congratulation and good luck!! :)
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