David Jacobson
Rochester Hills, MI (USA)
Role(s):
NewStream Live, LLC
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Startup
Location:
Rochester Hills
Industry:
Technology/Web
Year Founded:
2006
Number Employees:
INVALID
Description:
The company founder has sold $50 million in marketing programs to the Big Three Automakers. As the Internet entered the marketing equation his core business shifted from in dealership retail displays to online sales support; customer care; and sales process. The new offerings have been presented to high level executives within the auto (URL removed) company is read to launch within days. Funding to date has been through private funds. The potential immediate growth requires hiring additional staff members and increasing marketing costs to cover regional and then national roll out. Seeking mezzanine financing backed by company stock for three years at 30% AROI. Stock options to purchase stock at end of term. Past annual average sales of similar programs average $2.5 million over the p