Chuck Bryant
👤 PersonAppearances Over Time
Podcast Appearances
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Yeah, they were like, we did a pyramid scheme. We're good at selling things that don't exist. So they enlisted a little bit of help. They got Chris's brother, John Haney, on the team. And then a guy named Ed Warner, who was a friend, who's a corporate attorney. And they formed the Horn Abbott Company. Haney's nickname was the Horn.
Yeah, they were like, we did a pyramid scheme. We're good at selling things that don't exist. So they enlisted a little bit of help. They got Chris's brother, John Haney, on the team. And then a guy named Ed Warner, who was a friend, who's a corporate attorney. And they formed the Horn Abbott Company. Haney's nickname was the Horn.
Yeah, they were like, we did a pyramid scheme. We're good at selling things that don't exist. So they enlisted a little bit of help. They got Chris's brother, John Haney, on the team. And then a guy named Ed Warner, who was a friend, who's a corporate attorney. And they formed the Horn Abbott Company. Haney's nickname was the Horn.
And Abbott, in this case with one T, was just a variation on Abbott's two-T name. And they started selling equity to raise a little money through friends and family. So they sold 40 shares at $1,000 each to 32 friends and family members. And, boy, you want to talk about an investment that paid off.
And Abbott, in this case with one T, was just a variation on Abbott's two-T name. And they started selling equity to raise a little money through friends and family. So they sold 40 shares at $1,000 each to 32 friends and family members. And, boy, you want to talk about an investment that paid off.
And Abbott, in this case with one T, was just a variation on Abbott's two-T name. And they started selling equity to raise a little money through friends and family. So they sold 40 shares at $1,000 each to 32 friends and family members. And, boy, you want to talk about an investment that paid off.
Wow. Can you imagine? It'd be like one of the early like Apple stock or Google stock.
Wow. Can you imagine? It'd be like one of the early like Apple stock or Google stock.
Wow. Can you imagine? It'd be like one of the early like Apple stock or Google stock.
That's just amazing.
That's just amazing.
That's just amazing.
Yeah. So they managed to raise $40,000. They got a $75,000 line of credit from a bank. And that was enough dough to start getting this game together in earnest. The one thing they didn't have, they had design. They had it kind of all ready to go. They needed 6,000 questions. And so I assume with some of that. What is that like close to 120 grand?
Yeah. So they managed to raise $40,000. They got a $75,000 line of credit from a bank. And that was enough dough to start getting this game together in earnest. The one thing they didn't have, they had design. They had it kind of all ready to go. They needed 6,000 questions. And so I assume with some of that. What is that like close to 120 grand?
Yeah. So they managed to raise $40,000. They got a $75,000 line of credit from a bank. And that was enough dough to start getting this game together in earnest. The one thing they didn't have, they had design. They had it kind of all ready to go. They needed 6,000 questions. And so I assume with some of that. What is that like close to 120 grand?