What's the DealBench?

DealBench is based in Houston, Texas and Montecito, California. It was a wholly owned entity of Enron Corp. Enron Corp was a Fortune 100 company with global presence and had been named by Fortune magazine as the most innovative company in America for six years, from 1995 through 2000. You know how that ended.

If you think about it, DealBench was way ahead of its time. Excerpt from a circa 1999ish pitch book:

DealBench is a secure, collaborative web platform that enables our clients to conduct business on the web. We provide a collaborative environment to share documents, conduct auctions, host webcasts, manage deal information and monitor deal progress – instantly, efficiently and effectively.”

DealBench was acquired in 2003 by Atlas Acquisitions, Inc from Enron’s spectacular bankruptcy. The company failed. Fast. Since then, mistakes were made, successes were earned and it all started here.

LESSON LEARNED: Do not be underfunded.

Today, DealBench is our family’s investment vehicle. We invest in early stage companies run by awesome founders. We love recurring revenues, emerging spaces and crazy founders. We fund fast, cheer loud and NEVER second-guess founders.

On a more personal level, DealBench was recreated to survive its current management. Our hope is that it remains of interest to the next generation–hint hint! We intend that this website be used to reflect, think and to learn, but, the end game is to teach. We will make more mistakes in the future, but like the sign on the door says, “Let’s make better mistakes tomorrow.”

Welcome to DealBench.