Startup.com Page #10

Synopsis: Kaleil Isaza Tuzman and Tom Herman have had a dream since they became friends at age fifteen: get rich by developing their own dot com company, in some aspect of computer technology interface. Now in their late twenties, they have now come up with the idea they believe will make their riches, namely as Tom refers to it, "parking tickets": the company will be the on-line revenue collection interface for municipal governments. GovWorks.com came into existence in May 1999 with only an idea. The process of building the business focuses on obtaining venture capital based solely on the idea, with the actual mechanics of the website seemingly almost an afterthought, or at least one left primarily to the hired help. Regardless of the strength of the idea itself in raising this capital, another initial problem they face is what they see as non-commitment by a third partner, Kaleil's friend Chieh Cheung. In early 2000, they do manage to go live with their product to what seems to be a promising
Genre: Documentary
Production: Artisan Entertainment
  10 wins & 6 nominations.
 
IMDB:
7.1
Metacritic:
75
Rotten Tomatoes:
92%
R
Year:
2001
107 min
$505,254
Website
627 Views


this company together.

It just so happens that he

and I built it together...

since the first day.

Probably a natural question is,

"What's your relationship

with tom right now?"

And the answer to that,

honestly, is, "I don't know".

As difficult as it might seem,

in tom's honor here,

With respect to him,

I'd like to do the cheer.

I'll-I'll-I'll lead it

this morning.

I haven't done it in months.

- Govworks, are you ready?

- Ready!

- What are we gonna do?

- Rock 'em!

- When are we gonna do it?

- Every day!

- How are we gonna do it?

- Every way! - Yeah!

Hey. Boy, those your

new pajamas, huh?

They're purple.

Hi. Hi, mom.

Hello, my honey.

Come on in.

Next week will be my first week

out of the office.

That must feel good.

Now, it's the power-Politics part

that's a little hard to stomach.

Yeah. - Just to see

people you started with...

- Yep.

- ...who are engaged in that.

He's aggressive.

He's gonna get what he wants.

He's certainly

Machiavellian, but...

The values that you

grew up with were...

that people came

before things...

and that the intensive energy...

that goes into anybody's...

personal life

and professional life...

has to do with caring for people,

And how they are

and how they feel.

That didn't seem to be

part of this new world.

People's personal feelings.

- Right.

- I disagree.

Well, you didn't share any

of your personal feelings...

For example, that you were

no longer at Govworks.

I had spoken with you

the night before, Thursday night.

I said, "how are things

going at work?" - You said, "fine".

And I'd actually...

That was Thursday night, you said?

Yeah. - Yeah, I'd already

gone through all this.

I just wasn't ready

to talk about it.

I didn't see any point,

because I was...

I was, uh...

It wouldn't have been

a nice conversation.

Does it have to be a nice

conversation? I'm your mother.

All I'm saying is, I'm not sorry

that that part of your life is over,

Because I don't think

that's a healthy way of life,

And I didn't like...

what it did to you.

Maybe I wanted a way out.

The issue of time is not

a top thing to recover.

The issue of time is,

like, number eight...

The issue is time

will work itself out.

What's happening in the company

is we have flat revenues.

We have...

Bloated infrastructure.

We have...

a sale cycle that is much longer

than we anticipated.

We have implementation processes

that are more complex.

We don't have

a clear path to cash...

yet.

We have some acquisitions

that we are working on...

that may not work out.

Um, and we have a bunch of

bullshit personal stuff...

that takes up people's time,

When none of it's gonna mean

anything at all...

if we don't make

a successful company.

That's what's happening.

Hey, Tia.

Was it a good show?

Don't you understand

that I'm being pushed out?

Yes, I do.

So why should I sit back and

let that happen? - Tom, you don't...

Be rational about it. We don't

have a case. - I am rational.

Our employment agreements

don't protect us.

We don't have

any legal case. - That's fine.

Only thing you can do is

screw up the company...

and screw up yourself.

You think this about equity.

Let me tell you two things.

First of all, it's about equity

for me. It's not about ownership.

It's about the business.

It's about what I'm doing,

what I'm building,

What I've been building.

- I think that's about you.

- Yes, that is about me.

It's about growing and learning

of building a business.

They don't care whether

we grow and learn.

I understand that.

I understand that, Kaleil.

That's...

I'd rather see Govworks fail...

than risk

personal relationships.

They're just more important.

You know...

The thing that

I'll probably remember...

more than anything else about

the last year and a half, tom...

is the moment...

when you told me

you didn't trust me.

Things change.

That's the best part.

- Daddy!

- Yes, Tia.

Not yet, but close.

I also want you to know...

despite any and all

the other things...

that may or may not be happening,

I, uh, have had a great time

over the last year,

And I... I love you.

- I really do. So...

- I love you too.

I'm sorry that things are

the way they are, but...

even if I'm angry...

Ow!

Help! A little help.

A little more. Okay,

I got it now. I got it. No help.

I got it. No help.

I got it.

- You okay?

- Yeah.

Sell, financial bankruptcy.

There's not going

to be an orderly wind-Out.

Are you guys still

implementing cities?

The sad thing about it is...

the business has finally

turned the corner in that respect.

It's very, very tragic.

We'll end up with zero. - Not

even stock. We won't have that.

Huh? Right. Zero.

Absolutely nothing.

Wow.

You ever talk to Dora? - Dora?

No, not since she moved to Florida.

- Have you?

- A little bit.

That was the saddest fallout...

Of... Of the entire two years

from my perspective.

- But...

- No, it's not.

The saddest fallout was us...

from my perspective.

Then Dora,

Then all the investors

and people that believed in us.

You're never gonna go anywhere.

It is your baby.

It's gonna stay that way.

Even if you set it up

for adoption,

There's the genetic link,

so it's not gonna go away.

So if I turn this up, then you'll

have to pay a royalty?

Yes.

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Submitted on August 05, 2018

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