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My First Million cover image

$100M Founder Reveals The Secret To Making Data Profitable

My First Million

NOTE

Razor's Edge: From Database of Donors to CRM and Workflow Tool

The company Razor's Edge initially functioned as a database of donors for charities to raise funds from high net worth individuals. Over time, they evolved into a CRM system to manage relationships with donors effectively. By cleaning and organizing donor lists uploaded by charities, they created a pool of clean data for all users. This transformed into a data cooperative, and eventually, they added workflow tools on top of it. This progression from data management to a data cooperative and finally to a workflow tool is seen as an impressive formula for the future of managing donor relationships and workflows.

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