“Money is nice, but I actually needed expertise more than anything else,” he said.

“Betaworks had a track record in this field back when no one had a track record in this field.”

In the two years since then, Betaworks has become prominent in New York technology circles for helping entrepreneurs fine-tune and expand their companies. The company has guided some entrepreneurs to lucrative sales and helped others raise cash from notable New York and Silicon Valley investment firms.”