Paul Garibotti Explains Why Mentorship is Important for Young Business Leaders and How to Find Yours
Mentorship Can Benefit Both the Mentee and the Mentor
Read more...During a cold evening in Boston, Leah Busque didn't want to leave her cozy home to buy dog food. It wasn't exactly a task she wanted to do that evening. That problem soon became the basis of the startup she built called TaskRabbit, an online marketplace where people can get small tasks done.
Leah, who is now the company's chief product officer, quit her job at IBM as a software engineer and started working on building the initial product in the summer of 2008. She bootstrapped for nine months, until she raised $150,000 in March 2009 from angels. She soon moved to California and participated in the fbFund incubator program later that year. By October, TaskRabbit landed $1.8 million in seed funding from Floodgate, with participation from Baseline Ventures and First Round. TaskRabbit then raised $5 million round from Shasta Ventures this past April. You can see TaskRabbit's funding history on their profile.
For more on Leah's story and her experience raising funds, watch her Floating Point presentation at Venture Shift.
Author of "Unequally Yoked"; Co-founder Vator and Invent Health; Former Columnist/correspondent Dow Jones MarketWatch; Business anchor CBS affiliate KPIX
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TaskRabbit is launched in Boston, San Francisco Bay Area, Los Angeles, Orange County, and is expanding quickly to other major cities
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