S6E10 — Edward DuCoin: From a $102 Startup to NASDAQ, and the Comeback That Followed
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In 1984, Edward DuCoin registered a trade name for $102 and started a company from his bedroom. Sixteen years later it was a NASDAQ-listed business with 1,000 employees and $20 million in revenue. Then a bookkeeping error escalated into a $692,000 IRS claim — later resolved at under $30,000 — that ripped his company and reputation apart and took a decade to overcome.
Henry Harrison sits down with DuCoin to trace the full arc: collecting newspaper payments as a kid, near-miss payrolls settled at a Jersey diner, believing his own publicity in the dot-com era, and rebuilding from unemployable to founder of Orpical, rated one of Philadelphia's fastest-growing companies two years in a row.
Along the way: Orpical's "intellectual venture capital" model of taking equity in the software it builds, the patent-pending Connection Compatibility Algorithm behind Langus AI , why narrowing your market widens it, 40 years of growth on referrals alone, a professional stock car racing career that brought Toyota into NASCAR, and his forthcoming book, Indicted Loyalty, Convicted Logic.
Guest links: orpical.com LinkedIn: https://www.linkedin.com/in/edwardducoin/
Full transcript and more episodes: https://www.henryharrison.com/edward-ducoin