Citation Press--Rags to Riches
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So he sold his interest in Columbia to his partner and, using the $360,000 he had in cash and securing an additional $3 million in loans, he built a 10,000-square-foot facility in Santa Clara and launched Citation Press. It was a calculated risk, but one that turned into gold. Tran's business plan originally projected revenues of $5 million by the year 2000. Citation passed that mark in 1995, and Tran believes he will surpass the $10 million mark this year.
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