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Alumni Updates
Scott Hill, CIK Enterprises
No. 18 (2006)
"We have 44 employees and our revenue will be right around $20 million this year. Due to falling revenue from our automotive division, Tri-Auto, the past two years have involved scaling back expenses, but at the same preparing for future success. We have developed a new technology and software called MarketVision that allows us to effectively measure foot-traffic response from all forms of advertising. You can't improve something unless you can measure it, and most retail establishments are dependent upon their advertising producing foot traffic into their store, which has always been difficult to easily measure and compare. We have been working on this for three years and it has been a big part of keeping Tri-Auto alive during these difficult times. By introducing MarketVision into our automotive advertising, we were able to almost triple response and increase the ROI for our dealer clients. We are now in the process of moving MarketVision into new retail categories beginning with the furniture industry."
Since being featured on our 30 Under 30 list, Mint.com founder Aaron Patzer sold his company for $170 million, College Hunks Hauling Junk founders Nick Friedman and Omar Soliman faced off with investors on national TV, and Phreesia founders Chaim Indig and Evan Roberts raised close to $12 million in venture capital. How are some of our other previous honorees faring? We asked them to share the latest developments about themselves and their companies. Here's what they had to say.
