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 stock 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.
Started in 1999 by Ryan Finley and Chris Finley, SurveyMonkey is an online survey tool that enables people of all experience levels to create their own surveys quickly and easily. Every day, SurveyMonkey gives thousands of people the feedback they need to make more informed decisions, including 100% of the Fortune 100. SurveyMonkey’s offices are located in Portland, Oregon, Palo Alto, California, and Funchal, Portugal.
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.
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