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After starting and exiting BabyCenter.com, Mark Selcow built Merced Systems into a profitable business after year one. Ten years later he sold Merced for $192 million, equating to over 3 times top line revenue.
Merced had found their niche providing performance management software for large companies and quickly became the dominant provider in their industry. Selcow financed his astronomical growth with only one round of venture capital leaving he and his partner with most of the spoils of their phenomenal exit.