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Higher One

Financial services solutions for colleges

"We never took no for an answer. We figured that everything was negotiable so we asked for things that were completely outrageous and people said yes."

"Success is the ability to put a plan together and deliver on what you promise."

"Go big or go home. If you're truly committed to your project, you'll sell it to anyone, anytime and anywhere. Make the bold moves or do something else."

"When we signed our first client--the University of Houston--we knew we were going to fmake it. Aer that, there were some tense times, but we always knew we had a business that would actually make money."

Success Secret | What Is Success?
| Best Advice | Tipping Point

Friends & family	Venture capital
Bank loan	Private investors
Line of credit	Credit cards
Savings/personal funds

Health insurance	Flextime
Life insurance	Company car
Telecommuting	401(K)
Tuition reimbursement	Stock options

Other Benefits:
Dental; Vision; Disability insurance, Paid holidays

Company Details

Location: New Haven, CT
Founders: Mark Volchek, 30, Miles Lasater, 29, Sean Glass, 28

Website: http://www.higherone.com

Year Started: March 2000

First Million: 2006

2007 Sales: $29 million

Number of Employees:

Day 1: 3

2007: 111

2008: 138*

* Projected by 2009

Company Background

Founded in 2000, Higher One provides higher education institutions and their students with efficient, convenient and easy-to-use solutions to handle financial disbursements including student refunds, on-campus and community purchases, and payroll and employee expenses. The company also offers a suite of online banking services through OneFinanceSM, which includes the OneAccount and OneCard, a Debit MasterCard with exclusive features such as "Send Money," Easy RefundSM, and Campus AutoLoad.

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