Jul 24, 2009
[7ds] Announcement: 7DS Associates Raises Second Round of Funding from JeffX
I’d like to make a major announcement that impacts the little company, 7DS Associates, which I started a couple of months ago.
The Myth, The Legend
We have raised a second round of funding — totaling approximately $22 and a bottle of vodka — from Jeffrey “JeffX” Corbett, formerly of ActiveRain, Ratespeed, and a half-dozen other companies. That brings the total capital raised to date to approximately $45 and a bottle of vodka. Chew on that, Zappos.
As part of his investment, Jeff will be joining 7DS Associates as a partner. So when I use the word “we” from now on, it won’t be the royal we but the actual first person plural pronoun.
Now, I wasn’t really looking for investment, as our little company is already more profitable than Trulia and Zillow combined — a fact that surely influenced Jeff’s decision to invest and to join the firm. But the new partnership means that our average height increased by 3″, and there’s a lot of research which shows that height is directly correlated to earnings. And when Yao Ming, who wasn’t gonna be doing much anyhow, turns you down, you go for the next best thing.
What Jeff brings to 7DS is even more intelligence we can sell, of course. For those who may not know, Jeff is the founder of TheXbroker blog, which changed the way I look at the mortgage industry. He’s also a savvy operator, having helped ActiveRain achieve new heights of revenues and profitability in several short months. And it doesn’t hurt that he’s one of the true experts on social media, Web 2.0, and how they interact with real estate, mortgage, and professional services.
So please welcome Jeff to the ranks of 7DS, now that we actually have ranks.
-rsh
More from Notorious-Rob
Good for you. Jeff is a great person to add to your company. Besides, who can resist a bottle of vodka??
Congrats on the funding! I am not sure what kind of trouble the two of you will cause together but I am sure it is going to change the landscape of real estate. Nice to see you reaching to new heights.
Jeff who?
$22 and a bottle of vodka – I’ll bet Tony Hsieh and Alfred Lin are kicking themselves now. Congrats! I’m looking forward to all kinds of great stuff from you two.
“our little company is already more profitable than Trulia and Zillow combined”
If I LOL’d. I’d be doing that right now.
You are the company you keep. (X-Man, we should talk.)
Did you take the type and quality of vodka into account when valuating the investment and overall company worth? lol
Congrats on the new venture and new partnership!
Wittier than usual, Rob! Fun to see you giddy like a schoolgirl. Congrats to the pair of you. It’s a lovely business marriage.
Congrats!
You guys will continue to amaze the masses.
Trust me, I know — I am one of those folks.
Justin
I am speechless. Is there anything here that can be used on the weenie?
Wow… pretty freakin cool. I think.
By the way… I JUST noticed that I am MISSING a bottle of Vodka….
Now wait, I am living proof earning do not directly correlate to height!
In any event, Amazon and Zappos and now Rob and Jeff.
What a week.
Congrats guys.
What is your address, I would like to double your funding to $90.00?
BTW, I hope the Vodka was Kettel One…
Ha, I ditto what Marc says
and I’m glad you made the announcement cuz I I just hate keeping juicy secrets. ( just kidding!)
Although I more of a gin kind of guy, my congrats to you both!
Thank you, thank you all.
The vodka was Stolichnaya, which Jeff — a former bartender — calls the “One True Vodka”
-rsh
Hats Off 2 Ya! This should make for a great combo!
Congrats! Now would you consider a “silent” partner of average height and little tech knowledge for a jar of olives and a bottle of dry Vermouth?
Hey!!! That’s my friend Jeff Corbett! Lookit him…all growed up and hanging out with Real Estate Siths.
Way to go you guys. Now I can rest at ease knowing Notorious R.O.B is at last “legit”.
-Mimi Osterdahl
Live good. Be happy…a FRESH approach to real estate.
Little late to the reply party…but better late that never
It’s an honor to join the Notorious O.N.E. after working full time with AR for the past year, which I enjoyed immensely…I have much love for the very talented crew up in Seattle and look forward to continuing to work with them via 7DS…
Thx to all for the well wishes! Now back to crafting plans for world domination…
(Jim, I PROMISE I didn’t use your bottle of vodka for anything besides personal consumption
)
Congratulations. I’ll look forward to where this whole thing ends up. I like most of the changes over at AR this past year.