What happens when your funding dries up shortly after you starting scaling your business? Andrew Haeg is the founder of the mobile engagement platform GroundSource and co-founder of the Minneapolis news site Southwest Voices, this is his story.
Haeg is a crowdsourcing pioneer in the world of journalism, having worked for 20 years to help newsrooms more effectively engage their audiences but this experience wasn’t enough to help him avoid a pivotal and potentially business-threatening event which we discuss in detail.
In his pursuit of the freedom to call his own shots, he took on grant funding that dried up shortly after he started scaling his business.
Haeg’s attempt at blending non-profit and for-profit business is as exciting as it is gut-wrenching and the pain he has endured for his business is palpable.
Remember, It’s not over until it’s over
