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Karen Walker Eyewear. Designer Frames & Online Eyeglasses - $95 Rx Glasses. 4sight Sunglasses | Look Good, Do Good. The $32,000 Startup. After graduating from Harvard Law School in 1999, David Park founded discussion forum service Coolboard.com. It took more than a dozen software developers, product managers, and quality assurance staff 18 months to build the company's core technology.
To fund it, Park raised $10 million in venture capital, of which $4 million was spent before the company was launched. It went down in flames in 2003, a casualty of the dot-com bust. In 2005, Park launched his next business, MBA admissions blog and forum Beat The GMAT in San Mateo, Calif. Earlier this year he shifted gears again, embarking on a new version of the site that he describes as a social network for business school applicants. Less Than a Luxury Coupe I was skeptical when Park and his co-founder, Eric Bahn, approached me last year to ask for advice on business strategy for the site. But Park and Bahn did. In software development, things don't usually go as planned. This brings up another point.