Turning gift cards into cold hard cash.Cameron Cam·er·on , Mount
A peak, 4,342.6 m (14,238 ft) high, in the Rocky Mountains of central Colorado. Johnson, 19, has been starting businesses since he was 9. His latest, Certificateswap.com, allows people to buy and sell unwanted gift certificates. UPFRONT talked to Johnson about his new venture.
What's the idea behind Certificateswap.com?
Contraction of let us. say you're you're
Contraction of you are.
you're you are
you're be a high school senior and you get a gift certificate to Target, but you don't shop at Target. You can sell that $50 certificate and end up with, say, $45 cash. And that's obviously something you can use.
What are your goats for the business?
We wanted to send a message that teenagers can create a welt-ran company, and a highly trafficked Web site, and a well branded image without spending millions of dollars in advertising.... We have thousands of registered users and have done tens of thousands of dollars in sales, so we're off to a good start, But now we're looking to venture capital to take it to the next level.
What is venture capital exactly?
It's an investment from an outside party who takes an equity stake in your company. So in exchange for X amount of money invested, they would then have [partial] ownership.
What's the key to making it big in the dot-com (1) Refers to the period (dot) followed by the abbreviation of the commercial domain (.com) at the end of an Internet address. Since the .com domain is so widely used, the Internet became known as the "dot-com" world, and dot-com companies are those formed to offer services or world? Obviously, just like any business, you have to minimize your expenses ... and have a unique idea. And with the Internet Internet
Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the , it's timing, timing, timing.