This founder was nearly homeless after 3 failed startup ideas. Then he built a $150 million business

Jared Kugel, founder and CEO of the e-commerce site Tire Agent , began his entrepreneurial journey with a bad idea. Kugel had been working for his family’s tire distribution business for more than a decade when, in 2017, he pitched a venture capitalist on creating a search engine for tire and wheel products. To his surprise, the VC liked it so much that the firm offered him $100,000 in seed funding and a spot at its New York City-based tech incubator, the Entrepreneurs Roundtable Accelerator .