Tuesday, July 29, 2008

Did you know? #37 on Entrepreneur magazines Hot 100 companies

From a database of nearly 21 million companies reviewed by Entrepreneur magazine and research provider CentrisPoint, 2Checkout.com was distinguished as one of the nation’s Hot 100 fast-growth businesses. 2Checkout.com ranks #37 overall, #2 with sale totals of 213 million, and is the only e-commerce business to make the list at all!

Of the nearly 21 million companies on the preliminary list, only 0.3% made the first cut, and just a fraction of those made it to the Hot 100, including 2Checkout.com.

“This year’s Hot 100 listing reveals the shining stars continuing to drive the nation’s economy forward,” says Karen Axelton, executive editor of Entrepreneur. “These companies, and the entrepreneurs who built them, are making a major impact on the economy with their revenue and the new jobs they create as a result of their growth. The innovation, persistence and passion they demonstrate in industries across the board are vital to the nation’s success as a whole.”

Location: Columbus, OH
Founders: David A. Homewood, 41
Website: http://www.2checkout.com

Year Started: February 2000
Initial Investment: $17,000

Turned a Profit: 2002
First Million: 2002

2007 Sales: $213 million

Number of Employees:
Day 1: 1
2007: 93
2008: 110*

* Projected by 2009
Company Background
E-commerce provider of online retail business development solutions including data security, global payment methodologies, fraud mitigation, customer service, marketing and, in 2008, affiliate sales channels.

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