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They lost $60,000 on their previous venture, a self-published novel about an alleged secret son of Elvis Presley.
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The company was started by Eli Portnoy and Kamil Mroczek after selling their previous venture, Thinknear, to Telenav for $22.5 million three years ago.
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Google could have done that on their previous financial statements.
On her previous venture, the great, departed "Gilmore Girls," the funny lines — about Norman Mailer, Noam Chomsky, Christiane Amanpour, well-known newspaper editors, op-ed columnists, old movies, Susan Faludi — came with such velocity that no laugh track would ever have been able to keep up.
On his only previous venture into Grade One company, he was tailed off in a novice contest at Aintree two years ago.
The company was the result of their previous unsuccessful venture and they joined forces.
Seated opposite is Elizabeth von Guttman, 36, her partner in their previous publishing ventures, Industrie, the influential magazine for fashion insiders, and Ever Manifesto.
While Mr. Morris's role as a pension-fund middleman may have been his most brazen and lucrative, it built on previous ventures that included several corporate directorships, the annual-report designer Curran & Connors, and his political consulting firm, Morris & Carrick.
According to its funding announcement, WayRay has already spent $10 million of its own capital, as well as previous venture funding, on the technology that underpins Navion, an augmented-reality dashboard that overlays directions and other information onto a driver's view of the road.
A previous venture, a store on Greene Street in SoHo, measured nearly five times the size of her new boutique.
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