These are the stories that make my job worth all the hassle and stress.
Two guys create a company called Precision Polling that allows quick and easy phone polls. We write a story in January saying it’s like Survey Monkey for phones - “Precision Polling Is A Survey Monkey For The Phone.” And a few months later – today actually – Survey Monkey acquires them.
The size of the transaction isn’t being disclosed, althought Survey Monkey CEO Dave Goldberg tells me it’s relatively small given the stage of the company, and it’s a stocks and cash deal. cofounders Guarav Oberoi and Charles Groom will stay with the company and continue to work from Seattle.
Survey Monkey now has about 20 employees in Portland and another 30 in Palo Alto. We estimated 2009 revenues at around $45 million. Not bad for a service that let’s people easily create Internet, and now phone, surveys.
SurveyMonkey Inc. is the world’s largest survey company, helping customers collect over 1.5 million online survey responses every day. SurveyMonkey has revolutionized the way people give and take feedback, making it accessible, easy and affordable for everyone. The company was founded in 1999 with a focus on helping people make better decisions, and has built technology based on over 10 years of experience in survey methodology and web development. Customers include 99% of the Fortune 500, academic institutions, small...
Precision Polling offers automated phone surveys and polls to assist in research for political campaigns, non-profits, and conferences. The service allows users to create their own survey, add personalized audio, upload a specific phone list, run the survey in a designated time period, and generate detailed results with charts and analysis. Precision Polling was founded by Gaurav Oberoi and Chuck Groom, two Internet startup veterans and longtime friends.