Neha Patil (Editor)

Wahooly

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Type of business
  
Private

Available in
  
English

Area served
  
Worldwide

Type of site
  
Social Networking

Headquarters
  
Austin and Minneapolis

Wahooly

Key people
  
Dana Severson (CEO) Tony Holmes (CCO) Connor Hood (COO) Peter M. Elias (CTO)

Wahooly was a crowd funding company that introduced social networkers to startup websites, giving them an investment stake in return for promoting the new business. It launched in late 2011 through a partnership with Klout. Described as "a group of socially-connected individuals that together, help launch startups." They launched with 27,000 initial beta members and were looking to help accelerate the growth of 200 businesses in 2012.

Contents

Name

Dana Severson, founder of Wahooly, claims the name comes from the wahoo fish. “..it's the fastest fish in the world and it swims in schools. We're really based on collaboration and crowds. And, you know, we're accelerating the growth of startups.”

Rebranding and Closure

Wahooly rebranded in May 2013 as Chasm.io. Wahooly/Chasm.io closed in 2014 as announced in an e-mail sent on September 3, 2014. The e-mail included Severson's admission that a certain post on StartupsAnonymous was in reference to Wahooly/Chasm.io.

References

Wahooly Wikipedia