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Glad <I>That's</I> Over

The star of <i>Startup.com</i> has taken failure in stride and is moving on to better things.

By April Y. Pennington • Dec 1, 2002

Opinions expressed by Entrepreneur contributors are their own.

His was the ultimate reality show, even if it was a movie. InMay 1999, Kaleil D. Isaza Tuzman and his pal, Tom Herman, createdGovWorks.com, an Internet site that gave the public access togovernment agencies. Almost as fast as it takes to click a mouse,GovWorks went from eight employees to 250 and raised more than $60million in capital. And just as GovWorks seemed poised forgreatness, it went bankrupt. This was real life, and the script ofthe documentary film Startup.com, which followed the twoentrepreneurs through their odyssey, 24/7.

Today, Tuzman, 31, is president and managing partner of the NewYork City and Washington, DC-based Recognition Group, whichrestructures companies on the brink of disaster. He's alsowritten Beyond Success and Failure: The Evolution of anEntrepreneur (Harvard Business School Press), due out in2003.

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