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Gift CardsWineCommune/JJ Buckley Named #1 Fastest Growing Company in the Bay Area
SAN FRANCISCO - October 24, 2007 – Oakland based wine retailer, WineCommune. LLC, has recently been named the #1 fastest-growing private Bay Area firm by the San Francisco Business Journal. WineCommune LLC, the parent company of WineCommune.com, WineZap.com and JJBuckley.com, is the latest endeavor by Bay Area entrepreneurs Michael Stajer and Shaun Bishop.
Since their first profit posting in 2001, this wine-wielding duo has published a phenomenal 1,382% growth in revenue, skyrocketing them to the top of the list and piquing interest from a number of venture capital and private equity firms.
"Lately we've been receiving a lot of recognition from the community, which we're very proud of," says Stajer, CEO and co-founder of WineCommune. "It just goes to show that, even in a crowded marketplace, if you consistently stay ahead of the trend and put all of your focus on the customer, they'll come back... and hopefully even tell a friend or two."
In the last six months alone, WineCommune has been recognized by several reputable establishments Including: A #35 ranking in Inc Magazine's list of 'Fastest Growing Companies' Recognition as one of the 'Top Ten Online Wine Retailers' by Food and Wine Magazine, Multiple features in both Business Week and Entrepreneur Magazine.
WineCommune's rapid growth and inspirational success story have spurred continued interest within the venture capital and private equity community. Although modest, Stajer has enjoyed the courting process. "We've received some lucrative offers, but I don't think we're ready to sell outright just yet," says Stajer. "But, with that being said, we are seriously looking at some angel or early stage investments in a few new ideas."Stajer is keeping these new ideas hush-hush at the moment, but comments, "Unlike other industries, wine on the Internet is still in the wild west phase.
There is no established leader and there has been no consolidation. The opportunity is big. WineCommune. LLC is now moving into their 6th year of operation and expects more than $17 million in revenues for 2007.
Since their first profit posting in 2001, this wine-wielding duo has published a phenomenal 1,382% growth in revenue, skyrocketing them to the top of the list and piquing interest from a number of venture capital and private equity firms.
"Lately we've been receiving a lot of recognition from the community, which we're very proud of," says Stajer, CEO and co-founder of WineCommune. "It just goes to show that, even in a crowded marketplace, if you consistently stay ahead of the trend and put all of your focus on the customer, they'll come back... and hopefully even tell a friend or two."
In the last six months alone, WineCommune has been recognized by several reputable establishments Including: A #35 ranking in Inc Magazine's list of 'Fastest Growing Companies' Recognition as one of the 'Top Ten Online Wine Retailers' by Food and Wine Magazine, Multiple features in both Business Week and Entrepreneur Magazine.
WineCommune's rapid growth and inspirational success story have spurred continued interest within the venture capital and private equity community. Although modest, Stajer has enjoyed the courting process. "We've received some lucrative offers, but I don't think we're ready to sell outright just yet," says Stajer. "But, with that being said, we are seriously looking at some angel or early stage investments in a few new ideas."Stajer is keeping these new ideas hush-hush at the moment, but comments, "Unlike other industries, wine on the Internet is still in the wild west phase.
There is no established leader and there has been no consolidation. The opportunity is big. WineCommune. LLC is now moving into their 6th year of operation and expects more than $17 million in revenues for 2007.
