Twenty Years! Wow That's A Long Time.....

Today’s Partner PoV penned by David Cremin…..

It was great to see this article (click here) about MaxPreps today.  MaxPreps was one of the first seed stage companies that Frontier ever backed; kudos to my co-founder Scott Lenet for finding and seeing the long-term potential for this important community and information asset.  When CBS purchased the company, it was also the first liquidity event for Frontier.  That being said, it was hard to sell a company that was THE leader in the space, and with lots of growth potential. 

When we started Frontier, our premise was to find great entrepreneurs, with big ideas that might change or disrupt an industry.  We always looked for long-term, sustainable business models that also had strong defensibility from competition.  MaxPreps’ potential for network effect gave us confidence that this could be a long-term, standalone asset.  Like MaxPreps, many of our companies have outperformed any potential competition, sustained leadership positions and created tremendous value over time with this strategy (Prolacta Bioscience, Dailypay, SubjectWell, Syndio, InstantTeams, etc.) 

So it was wonderful to be reminded by the Los Angeles Times this morning about the journey we took with MaxPreps, and to see it alive and well 20 years later.  Congrats to Andy Beal and team for this great company.