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Kumbuya

Kumbuya unlocks the revenue trapped in online communities.

  • Stage Full Product Ready
  • Industry Internet / Web Services
  • Location United States
  • Currency USD
  • Founded August 2011
  • Employees 4
  • Website kumbuya.com

Company Summary

Through our vibrant social platform, members build and curate communities. Within these communities the curators determine which member generated items may or may not be sold, earning money with every successful transaction. Businesses interact as curators and/or members, building communities around great content and contributing items for sale. As of 12/26/13, 8,100 communities; 90,000 users; 30% weekly return; 9 min on site / active users.

Team

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    Adam Johnson
    Director of Operations

    An experienced entrepreneur and executive, Adam Johnson has a track record of developing the technical and operational framework of businesses from securities and finance to online media and entertainment. Adam has used his B.A. in Economics from the U of Chicago to serve as a practical consultant for several companies before co-founding Neokast, a company which eventually received a $10 million acquisition offer from a Fortune 20 company.

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    David Greene
    Chairman

    David co-founded Everen Securities with two partners in 1995 where he served as the Senior Executive VP and Director of Client Services. His breadth of knowledge and ability to incubate the most important of relationships led the company to grow and eventually be acquired by Wachovia just four years later in 1999 for more than $1 billion. David remained at Wachovia as President of Retail Sales until his retirement in 2000.

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    Joshua Karp
    Founder and CEO

    Josh has successfully started several companies ranging from a SaaS company called Freerain Systems which sold to its number one competitor in 2007, to his new media company in 2009, The Printed Blog, which was named by Business Week as one of "America's Most Promising Startups". With The Printed Blog and his new social media platform, Kumbuya, Joshua Karp uses his creativity to further push the boundaries of community driven commerce and media.

Advisors

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    David Segre, Partner, Wilson Sonsini
    Lawyer
    Unconfirmed

Previous Investors

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    David Greene
    Unconfirmed
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    John Schultz
    Unconfirmed
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    Paul Goddard
    Unconfirmed