Mike and Kass Lazerow started the year 2000 on a high. Fresh off their honeymoon, the couple successfully sold their startup that tracked golf scores, Golf.com, in January of that year.
But six months later, they had almost nothing to show for the sale, and were scrambling to buy the company back.
“We had put our whole savings, a combined $25,000, in,” Kass, now 54, says. “I was angry.”
The entrepreneurial couple say they were able to buy back Golf.com and eventually sell it to Time Warner for $24 million in 2006. But in 2000, they lost nearly everything, including some friends from the fallout, they say.
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