How An SBA EIDL Loan Grew Destination Sitters During The Pandemic [Forbes]
IAC Inc. (IAC)
Last iac inc. earnings: 2/5 04:10 pm
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Source: Forbes
Destination Sitters encapsulates the evolving landscape of . Fueled by her experience struggling to find suitable childcare when she relocated, Lane Wonder recognized a burgeoning market. She founded Destination Sitters in 2008, targeting families traveling or attending events by providing vetted, high-quality sitters. The company quickly gained traction, earning partnerships with prominent hotel chains and event planners. However, the Covid-19 pandemic posed an existential threat. Leveraging an SBA Economic Injury Disaster Loan, she invested in technological infrastructure, enabling automation and digital marketing. Destination Sitters surpassed pre-pandemic revenue levels. This success story underscores the resilience of women-owned businesses. It highlights their adaptability during challenging times when they have access to funding. PROMOTED Destination Sitters: A Solution For Families On The Go And Event Planners Yvonne Lane Wonder, managing director at Destination Sitter
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- Care.com Partners With Found to Offer Caregivers Financial ToolsBusiness Wire
- IAC to Participate in the 52nd Annual J.P. Morgan Global Technology, Media and Communications ConferencePR Newswire
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- 5/7/24 - Beat
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- 5/15/24 - Form 4
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- IAC's page on the SEC website