The Ribbit Rollercoaster: A Founder’s Story From Concept To $105M Exit
Editor’s Note: This is a guest interview by Bernard Moon, co-founder & CEO of Vidquik, a web conferencing and sales solution platform. He blogs at Silicon Moon. I met entrepreneur Crick Waters last year after hearing just a portion of his story and his road toward Ribbit’s $105 million exit during an event in Silicon Valley. Soon afterward, I felt confident that I could learn from him and that his experiences building Ribbit would be valuable for Vidquik and our team. I finally got a chance to interview Crick and hear his full story, so I thought I should share this with other entrepreneurs working to build world-class companies. Bernard: How did the idea for Ribbit start? Crick: Ribbit started out as IDP Communications in 2004, started doing business as Duality in 2005, and finally become Ribbit in 2006. It was mid-2004. I had noticed that companies needed phone features for individual, company-specific, use cases that couldn’t easily be met with traditional telco infras...