Startup.com is a documentary that explores the journey of two best friends as they launch their company. Kaleil Tuzman and Tom Herman both founded govWorks.com in 1998 and the company closed down when the dot-com bubble burst in 2000.
Kaleil Tuzman is an entrepreneur and Harvard graduate who started his career at Goldman Sachs where he worked for 5 years before he quit to go launch govWorks. He served as the CEO of the company and was the main driving force behind their fund raising. Tom Herman is Kaleil High school best friend and co founder of govWorks.com. Tom is for the most part considered the brains in terms of software development. He is usually very quiet and no at extroverted as Kaleil. The third founder is barely showed in the movie.
govWorks.com was launched in 1998 with 8 employees. It was initially called public data systems. Govworks was supposed to be an easy way for people to pay their parking tickets and other outstanding government dues. The company raised approximately $60 million through VC funding.
However the company suffered from some organizational struggles that ultimately led to the companies demise. Kaleil and Tom had a fallout that led to Tom getting fired from the company. Also the software did not work as well as it should have and by the end of 2000 the company had closed down.
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