In 2007, Lane Becker cofounded an online customer-service startup, Get Satisfaction. In 2011, after turning down acquisition interest, the company raised $10 million at a $50 million valuation, bringing its total amount raised to just under $21 million.
Business Insider shed light onto the story how the founder of the $50 million startup didn’t make a dime on the deal, while Becker himself will be present at Dokutech this weekend more on what went down.
Lane Becker has been hanging out on the Web since it was invented, from his work-study job setting up websites for the University of Texas at Austin in 1994, to his first, sadly failed startup in 1999 (don’t ask), and on to more successful ventures: co-founding Adaptive Path in 2001, the first user experience design firm among others.
Lane’s latest company, The Greater Network, connects together emerging regional startup ecosystems across the globe, from Istanbul to Arkansas, to accelerate their growth and development.
Lane ran the Consulting and New Ventures programs for Adaptive Path, which aided early-stage startups with product development in exchange for equity. The program saw several successful exits and also spun out Measure Map, an analytics tool acquired by Google in 2005 and incorporated into Google Analytics.
Get Satisfaction is currently used by over 75,000 companies and recently received a $10 million investment round from InterWest Capital. In 2012, Lane co-authored a New York Times bestselling book, â€œGet Lucky: How to Put Planned Serendipity to Work, about harnessing serendipity as a business practice. In his spare time, he’s also trying to build a new kind of casino.
Want more on Lane Becker, don’t miss Dokutech this weekend on 8-9 August 2015.