Acumen Holdings | Ecommerce and Online Technology
Acumen Brands is an aggressive Arkansas startup operated by three young entrepreneurs with delusions of grandeur: a physician who quit practicing medicine the day he finished seven exhausting years of training, a lawyer who only keeps his law license in order to get friends out of speeding tickets, and an injury prone professional golfer who is unquestionably the nicest human being in the world.
Nobody is over 40, but we have built and sold multiple businesses with total revenue exceeding $50 million. Our experience is eclectic: we built our first ecommerce store in 1995 to sell quiz bowl questions to high schools; we used a pay-per-click arbitrage scheme to quietly accumulate over 1 percent of Google's partner revenue at the time of Google's IPO; and we pioneered the field of retail shopper marketing while sitting at the nexus of Procter & Gamble and Wal-Mart.
- Information Technology
- Internet Specific
The firm's growth was bolstered by an $82,000 investment from the Arkansas Science & Technology Authority's Seed Capital Investment Program. That investment preceded a $550,000 funding round.
Sales tax is Noel Hamm's art, and Sales Tax DataLink, the Innovate Arkansas client startup based in Bentonville, is his medium. Hamm is having some fun and even more success with sales tax, and his innovations are helping businesses experience less headaches because of it.
Ways to address a growing manufacturing skills gap was the focus of Tuesday's "Jobs Now: Arkansas Works When We Do" summit hosted by the Arkansas State Chamber of Commerce.
Wal-Mart is launching a mobile checking account for its customers that will eliminate some of the fees charged by banks.