SILICON VALLEY GROWTH SYNDICATE ANNOUNCES INVESTMENT IN BUZZSTARTER
San Francisco, CA: The Silicon Valley Growth Syndicate (SVG), a limited partnership fund investing in early stage, tech enabled companies with revenue, announces an investment in BuzzStarter, a company that provides a platform for incentivized consumer sharing of content for brands. (www.buzzstarter.com)
Buzz Starter founders Ken Zi Wang, Alexi Nedeltchev, and Alex Gold generated more than $500k in revenue within five months of launching. Mr. Russell Lewis, Co-Founder of the Silicon Valley Growth Syndicate initially hired BuzzStarter to do work for his company, Rhino Linings. (www.rhinolinings.com) Mr. Lewis was pleased with the results. This led to an initial investment by SVG and a follow-on investment.
“It is not unusual for one of the owners of SVG to employ a company when we are considering making an investment,” said Co-Founder Lee McNutt. “It is a way for us to do thorough due diligence before we put forward our money and the money of our investors.”
“We have been so impressed with Buzz Starter,” said Will Bunker. “We are in the process of helping them raise an additional $1 million dollars.”
BuzzStarter focuses on key specific area of a clients online presence, using multi-channels, and new channels, that in some cases, the clients have not heard of before.
Current clients/brands include: Dove, Axe, Degree, Kroger, IDG, Lionsgate, Unruly Media, Visa, CBS Television, Sears, and Microsoft.
Mr. Ken Zi Wang, a co-founder and CEO, is a Columbia graduate. He leads BuzzStarter’s strategy, product, and operations teams. A serial entrepreneur with successful exit in the E-commerce space, Mr. Wang is an expert in online distribution. He founded the first Growth Hackathon – Growthathon, and runs the first growth tactic site called Growth Help. Mr. Nedelchev, a Co-Founder and CTO, leads Buzzstarter’s development and QA team. A serial-entrepreneur who formerly led a team of 10 developers, Mr. Nedeltchev is the Co-founder of Fantoon labs, a highly selective development lab based in Palo Alto that focuses on developing software in the visualization space.
“Mr. McNutt and Mr. Bunker have been helpful in introducing us to ad agencies, big brands, and executives to allow us to accelerate our growth, ” said Alex Gold, Co Founder.
SVG is an investor partnership providing early-stage capital to entrepreneurs with developed business plans, complete products and most importantly, revenue derived from the market place. Investments are focused in the areas of expertise that include: Consumer E Commerce, SaaS enterprise, mobile, social, transactions / commerce business, subscription models, niche markets, lead generation business, dating, business to business solutions, and cross-border opportunities.
For additional information about this topic, please telephone Lee W. McNutt at (214) 537-9311 or email Will Bunker at email@example.com