Seattle Startup: TangoCard Announces Salesforce Integration

Imagine if you could integrate actual gift giving into your Salesforce CRM system. Go beyond birthday and anniversary reminders and actually send a gift. That’s now a reality thanks to Seattle based startup TangoCard.

Salesforce integration for the Eric Schmidt, Innovation Endeavors, backed startup is just one on the features TangoCard has been working on this summer.

Once the user installs the TangoCard for Salesforce app, giving a contact a gift is as easy as finding that contacts name and hitting a button.

After installing the free app, just look up a contact or lead, choose a card, write a message, and hit send. Gift card options include the Tango Card as well as digitally delivered gift cards from major retail brands including Starbucks and Fandango. Through a partnership with Treat, sending a beautiful physical greeting card also becomes as simple as sending an email. Additionally there is “zero-click” integration with Concur Technologies. For any purchase made with a linked Concur® account, a receipt image for any purchase is posted directly to an open Concur expense report. This integration finally creates a simple way to properly expense and account for enterprise gift card purchases.

Now there’s no excuse to miss a present or for forgetting a follow up gift.

“Sales teams, customer service teams, recruiters, and others spend over $10 billion annually on gift cards, and many of these teams also use huge SaaS platforms like Salesforce,” says David Leeds, CEO and Founder of Tango Card. “We created this dedicated Salesforce app to dramatically simplify the process of buying a gift card. Perhaps more importantly, doing this through Salesforce empowers teams with great business intelligence and real power to follow-up on cards they have sent. It also provides a slick way to complete holiday gift card purchases.”

TangoCard announced a partnership with Denver startup Plink, to widen the reward choices for their platform which prior to that, dealt only in Facebook credits. Both companies announced that partnership in June.

Last month, TangoCard announced a partnership with Portland startup Hively to reward employees for great customer service.

While the SalesForce announcement is quite exciting we’ve got it from a good source that TangoCard will have even more news between now and the end of the year.

Linkage:

Check out TangoCard here

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Atlanta Startups To Win In CTW Breakup

Earlier this summer Atlanta super angel, Sig Mosely came out of retirement. It was announced that he was joining forces with Palaniswamy Rajan to form the $25 million dollar CTW ventures fund. Mosely also participated in a $600,000 round led by Dallas Maverick’s owner and fellow super angel Mark Cuban, in Atlanta startup Badgy.. It’s unclear whether or not it was Mosely or CTW in that round.

Now, just two months after the start of CTW the partners, Mosely and Rajan are parting ways. They are divorcing over what the Atlanta Business Journal is equating to “irreconcilable differences.

Rajan prefers to go long tail on technology ventures.

“Raj much prefers to dig deep, deep, deep into the technology,” Mosley said to the Business Journal “That does not do anything for me.”

Rajan feels the same way about Mosely’s desire to invest in entrepreneurs. Mosely is more of a risk taker which is actually great for startups.

Both men will go there separate ways but that doesn’t mean Mosely is going back into retirement. Mosely is creating his own fund that will invest between $200,000 and $500,000 in entrepreneur lead startups.

Mosely is hoping that his fund will be a feeder fund for deal flow with larger firms like Menlo Park Ventures.

Prior to retiring a first time in 2010 Mosely had oversaw the investment in over 130 technology companies as the President of Imlay Investments.

Linkage:

Source: Atlanta Business Journal

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Startup Weekend Toledo Coming September 14-16th Further Validates Ohio’s Startup Ecosystem

By now most everyone who visits nibletz.com knows exactly what an officially sanctioned Startup Weekend is. As a refresher though, Startup Weekend is a 54 hour hackathon event where entrepreneurs, developers, designers and local business mentors gather to build companies in one weekend. The officially branded “Startup Weekend” events are organized in partnership with Startup Weekend based in Seattle. The organization has put on nearly 500 events worldwide.

Startup Weekend is headed to Toledo in just a couple of weeks. This will be the first officially sanctioned Startup Weekend event in Toledo however the state of Ohio is no stranger to the concept. Startup Weekends have already occurred in Cincinnati, Columbus and Cleveland.

Since Toledo is new to the Startup Weekend concept, the organizers are holding an orientation style event on September 6th. The mixer will be held at Seed Coworking 25 South Saint Clair Street in downtown Toledo from 5:30-7:30. Interested entrepreneurs, designers, and developers should attend this event to comingle with other like minded individuals and meet the local organizers.

California Startup Wants To Put Siri On Your Wrist

(photo: Ian Hamilton, OC Register)

Smart watches have done really well on Kickstarter. We’re all familiar with the millions of dollars that the Pebble watch has raked in and many of us have heard about the Android powered Metawatch Strata which raised three times the $100,000 they were looking for.

A new company called Martian Watches, based in Irvine California recently started a Kickstarter campaign for their smart watch earlier this month. While at this writing the project is still under $100,000 of the $200,000 goal there’s still over 30 days left in the campaign. Once this watch starts picking up momentum it will surely out do Meta Watch’s Strata.

Why? Well for starters Martian Watches is looking to sync their smart watch with the iPhone for the purpose of bringing voice commands and Siri interaction to the wrist. You’ll look like a secret service agent as you speak commands into the watch on your wrist.

According to this story in the OCRegister you’ll be able to pair your watch with your existing, Siri enabled iPhone and speak any normal Siri command into the watch. From there your iPhone will handle the Siri query as usual and give you the information that you’re looking for back as a text message on the watch itself.

The startups founders Jeffrey Hsieh and Stan Kinsey already have a working prototype and showed off a bunch of voice commands to folks at the OCRegister.

“Voice command to us was the ultimate solution for making the watch an extremely useful tool. More so than just trying to replicate what you can do on your phone,” Kinsey told ocregister.com

For now the voice commands work one way which seems to be causing a little bit of concern with the people commenting on the Kickstarter Page, but that shouldn’t effect their $200,000 project goal. The watch has already received great reviews from TechCrunch, The Verge and the OC Register.

Linkage:

Here’s Martian Watch’s Kickstarter Page

Source: OCRegister

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Boston TechStars Fall Session Kicks Off With 13 Startups

Fresh off the heels of a top 10 finish in the annual Kellogg accelerator rankings, TechStars Boston fall program is underway. TechStars Katie Rae made the official announcement via the TechStars blog yesterday.

This is the first time they’ve run a second class in the same year at their Boston location. Competition is tough in the north east for both the startups and the accelerators. Although they didn’t make it in the top 15 rankings startups in the north east also look to the MassChallenge program to hone their entrepreneurial skills.

We were actually very pleased that two startups we’ve covered here at nibletz.com made the TechStars cut. Boston based athlete to private coach connection platform, CoachUp has made it into the fall class. Michigan based FetchNotes , an incredibly easy to use, feature packed note taking app has also made it into this fall class.

TechStars is credited with just about writing the program for most of the cohort based startup accelerators across the country. Many of the other cohort based accelerators like Cincinnati’s Brandery , Greenville’s Iron Yard Labs , and even Nashville’s Jumpstart Foundry are part of the Global Accelerator Network. The Global Accelerator Network is an offshoot of TechStars, that for a short period of time, was called the TechStars Network.

Here is the entire list of all 13 startups from TechStars.com

BetterFit Technologies provides personalized medicine for everyone. betterfit.com

BookingMarkets lets small and large web sites connect travelers with unique places to stay around the world. bookingmarkets.com

CoachUp helps athletes achieve their full potential by connecting them with private coaches. coachup.com

At Fashion Project you can shop daily designer deals and clean out your closet for your favorite cause. fashionproject.com

Fetchnotes makes it easy to stay on top of what’s going on in your life and communicate with the people that matter to you. fetchnotes.com

ImpulseSave makes saving your money as easy and gratifying as spending it. impulsesave.com

Med2Bed connects hospitals and post-acute care facilities to improve patient outcomes. med-2-bed.com

NBD uses unique surface chemistry to harvest water from humidity. nbdnano.com

Ovuline helps couples conceive faster. ovuline.com

Saverr helps consumers save together. Connecting online and offline shopping. saverrapp.com

Wymsee is operating in stealth. wymsee.com

Zepppelin helps small businesses see what’s happening in their company by connecting their cloud applications and team in one place. zepppelin.com

Linkage:

Check out TechStars here

Source

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Virginia Startup: LightSquared Says We’re Still Not Dead Yet, Appoints New CEO

Lightsquared, the disgraced Northern Virginia startup that was once trying to deploy a terrestrial 4G/LTE network has appointed Doug Smith as their new CEO and Chairman of the board. LightSquared was once an esteemed satellite communications provider. What went wrong was a story that ran for about a year in the mobile tech media.

LightSquared was working to deploy a 4G/LTE network on bands that were originally used for GPS. There was still fair amounts of GPS traffic on the LightSquared bands and LightSquared was causing interference with those GPS radios. As the company went to work on the 4G/LTE network they were operating on a conditional permit from the FCC which required that they find ways to circumvent the interference caused by LightSquared’s equipment on GPS radios.

In February of this year it was lights out for LightSquared. “NTIA … has now concluded that there is no practical way to mitigate potential interference at this time,” the FCC said in a statement. “Consequently, the commission will not lift the prohibition on LightSquared.”

Through all of this LightSquared had inked partnerships with some of the nation’s wireless carriers. Reports in June of 2011 suggested Sprint had a deal with LightSquared for 15 years and valued at over $20 billion dollars. Leap Wireless, the parent company of Cricket, also had a deal with LightSquared. Luckily the Sprint deal was contingent on FCC approval of LightSquared’s plans.

On February 22, 2012 LightSquared laid off 45% of it’s 330 employee workforce. Earlier in that same week they defaulted on a $56 million dollar payment on a note held by British satellite partner Inmarsat.

Fast forward to Tuesday of this week and LightSquared has installed a new CEO and Chairman of the Board.

Smith told theverge.com that LightSquared “remains committed to working with all stakeholders to find an equitable resolution to the regulatory challenges that the company has faced this past year,” and that it “can provide the American public with both a protected and robust GPS system while enabling LightSquared to offer consumers and businesses more choice and a lower priced 4G wireless alternative they need and deserve.”

We’ll have to see how long this life lasts.

Linkage:

Source: TheVerge

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Baltimore Startup: ParkingPanda Taps Local Firm, MindGrub For Mobile App

One of my favorite things about traveling in Washington DC and Baltimore (aside being from there) is Parking Panda. Parking Panda is a revolutionary new app that allows peer to peer renting of driveways and other under utilized parking spaces. What you’ll find after using the service is, better directions to a parking spot, not having to constantly plug meters with quarters, and the ability to save both time and money by using somebody else’s spot.

ParkingPanda also backfills peer to peer spots with under-utilized spots in municipal lots as well.

The service is currently only available in Washington DC and Baltimore however they plan on being in Philadelphia,Boston, Chicago, and San Francisco in the not so distant future.

ParkingPanda functions a lot like hotels.com. People with the space in their driveway or wherever else you can park a car, post pictures, a description, some nearby attractions and the requirements for parking there. End users who need to park their car go to the site, decide where they need to park and select a nearby option. The end user puts in their car data and their credit card and goes to the spot to park. It’s that simpe.

Of course like hotels.com the entire platform could increase it’s usability ten fold with a mobile app and that’s just whatParkingPanda has commissioned the team at MindGrub to do.

The Catonsville based design house has been around since 2004 when teacher turned entrepreneur technologist Todd Marks went a little bit ahead of the curve designing websites, and then mobile apps for Baltimore’s top shelf clientele.

Now, rather than having to plan hours or days ahead, people can utilize ParkingPanda on the fly, even as their driving aimlessly down the streets of DC or Baltimore looking for a spot.

Linkage:

ParkingPanda is here

Mindgrub is here

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Gwinnett Georgia Startup: 8Bit Receives $25,000 Founders Grant

8Bit is a wild gang of extremely talented and creative web publishing rockstars building a platform to give those web publishers without their creative fire access to an arsenal of great design. The Gwinnett Georgia based startup is the latest winner of the Gwinnett Innovation Park $25,000 Founders Grant.

While at first look you may get the impression that 8Bit is just another Word Press theme shop and those are about as common these days as Android developers, but when you dive through their site you’ll see that they’re super hero’s of the web publishing space and have compiled a bunch of great values that go into their work.

When you read their about page, creativity and urban,word pressing hipsterism seep out of your computer like a mocha latte seeping through the bottom of the Starbucks cup in your center console. If you read their blog and look at their actual work though, you’ll see they aren’t just a bunch of templates.

Each of their themes is customizable to the hilt. If you’ve been using Word Press for years, like we have, and you’re still not sure what all the different appearance settings do, no worries 8Bit spells it out for you in their themes while keeping a semblance of classy elegance. In fact 8Bit is so well liked that Mashable and TNW have featured their themes.

8Bit also offers customer support, a novel idea compared to the idiots of douchebaggery we bout this template from.

Oh but we’re reporting about their cash.

“The Founders Grant Award is intended to give back to the entrepreneurial community by rewarding entrepreneurial excellence and helping deserving companies continue on their path to success,” said Leland Strange, local serial entrepreneur, investor and long time supporter of Atlanta technology innovators to the Gwinnett Business Journal.

“8BIT loves being a part of the Nspire program. It has helped us get even closer to our goal by providing space for us to work together as a team, as well as opportunities for us to network,” explains John Saddington, 8BIT co-founder. “We are honored to receive the Founders Grant and know that the money will help us continue on our path to creating the best online publishing solution.”

Linkage:

Go on you know you want to, check out 8Bit here

Source: GBJ

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Startup North Carolina Launches As Startup America Region

Startup North Carolina, the official region for the Startup America Partnership launched last night with not one but two packed parties. Raleigh startups, founders and entrepreneurs celebrated the launch at the RTP foundation headquarters. Brooks Bell, Founder and CEO of Brooks Bell; Aaron Chatterji, Associate Professor at Duke University’s Fuqua School of Business and Derek Holt, Startup America’s Managing Director of National Partnerships were all on hand for the Raleigh/Durham/Chapel Hill Event.

Meanwhile down in Charlotte, Donna Harris, Managing Director of Startup Regions with Startup America and Louis Freeman, CEO of Edition Nation, led the festivities at that event. Startup America will be back in Charlotte in less than two weeks when the Democratic National Convention takes place the week of September 3rd. Startup America is partnering with Startup Rockon for startup focused events a both party conventions.

“North Carolina has an incredible history of innovation that has led it from being an agrarian leader to a hub of scientific and technological leadership,” said Scott Case, CEO of the Startup America Partnership. “Startup NC will be a catalyst to garner even more recognition for North Carolina’s world class entrepreneurs and startups.”

Startup America reported on Monday that over 350 people had registered for both events. According to the latest data from Startup America, even before North Carolina got their own Startup America region there were 202 members from North Carolina in Startup America.

Startup North Carolina launched with community involvement tied in. They opened up this website prior to the launch parties to vote on suggested ideas for a roadmap for the partnership.

Mital Patel, the Triangle Startup Weekend founder spearheaded the efforts in the Triangle while Adam Hill of Packard Place was tasked with firing up the Charlotte region.

Startup North Carolina plans to be a very active region for the Startup America Partnership.

Joining Startup America is free and the partnership offers members access to tens of thousands of dollars in benefits and services from their business partners like; Dell, American Airlines, .co and many more.

Linkage:

Join Startup America here

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Toledo Ohio Startup: Buyvite Closes Funding Round Looks Forward To Expansion

Our good friend Brandi Wimberly and her group buying startup, Buyvite, have just finished closing a funding round. This unique startup makes creating makeshift buying groups easy to do and easy to collect.

No we aren’t talking about some crazy Groupon, group buying platform, we’re talking a much more practical use. Picture you and your cousins, uncles and aunts, brothers and sisters are all putting their money together to buy grandma and grandpa an anniversary cruise. You know how this traditionally goes, one coordinator puts their money on the line for the entire trip and all of a sudden everyone has a problem making the payment.

ANother great example is say you and your college buddies decide to take a group trip to a baseball game. Same thing, one person is holding the bag. No longer, not with BuyVite.

Buyvite lets you pull money together for one thing, it makes collecting the money a cinch and then one administrator can take the collected money for the group purchase. Pretty smart huh?

That’s what the investors must have thought because Wimberly reports that she has closed a funding round and plans to expand Buyvite’s markets infrastructure, mobile platform and management team.

“Now that we have successfully closed this round of financing, we can aggressively and confidently pursue retail partners who are interested and willing to participate in this socially relevant and expanding piece of the marketplace in which to further drive their products and services to and through. Buyvite is a new and exciting way to capture this evolving and growing segment of the social payments audience and we are extremely confident that the retail community will seize and embrace this new opportunity. We’re also excited to be approaching some new high growth market opportunities that have so far been largely ignored by the social commerce space.” Wimberly said in a statement.

“Our recent investment will also allow us to add new functionality and pivot our product to more closely align with consumer and retailer feedback and feature requests. Our investors and advisors are very focused on retail business development and brand building but also respect the technology we are crafting and overall product execution. Among our investors and advisors are experienced business leaders with a wide range of talents that can help us achieve our goal of being the leading group payment platform for retailers. We are lucky to have such an amazing group of people helping to build this company.” Wimberly added.

Buyvite also announced the addition of Bob Mallo and Brad Bialas to the management team. Mallo will assist in strategic formation, operational direction and company wide execution. Most recently Mallo was the Group President of Follett Educational Distribution Group and President of Follett Educational Services prior to that. Bialas will help develop sales, marketing, and pricing models as well as strategic partners. Bialas has been in the payments space for 12 years, most recently as the President of BluePay (a large payment processing software provider) where he helped the company grow from 3 employees and nominal revenue to over $100MM in annual sales. Buyvite Advisors include Vijay Raghavendra of IBM, Balaji Gopinath of Turner Broadcasting and Media Camp, Jacob Tell of Oniracom and Poornima Vijayashanker of Bizeebee Software.

This undisclosed funding round was led by Rocket Ventures.

Linkage:

Check out Buyvite here

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Two Down One To Go: Nashville’s JumpStart Foundry Prepares For Demo Day

Last week we were in Chattanooga Tennessee for GigTank. GigTank was the first ever accelerator focused on startups building around 1 GB ethernet. Chattanooga was the first city in the United States with one gigabit fiber optic internet to every home and business in a 600 square mile radius. They beat Kansas City, who’s 1 GB fiber project with Google debuted last month.

We saw some great startups present great ideas. Banyan, a collaborative research tool, that is both up and running,and demonstrated first hand the effects of super fast 1 GB ethernet, was the winner. GigTank broke the mold of the traditional accelerator demo day by offering a $100,000 cash prize to the startup that won their pitch contest in the entrepreneur category.

GigTank broke the mold yet again when they ran a student track along the entrepreneur track. The students received free room and board and incubated at the LampPost Group’s offices in downtown Chattanooga. The student track had a $50,000 cash prize won by two girls whose startup Babel Sushi, is an on the go translating platform. The entrepreneurs incubated at Colab a few blocks down the road from LampPost. The entrepreneurs however, received a $15,000 seed investment.

This Thursday was Demo Day for the ZeroTo510 accelerator in Memphis Tennessee. The ZeroTo510 accelerator was a joint project of the Memphis Bioworks Foundation and Seed Hatchery. It was also the first cohort based medical device accelerator.

Zeroto510’s demo day was more traditional in that there wasn’t a cash prize but rather a showing of what the six teams were working on and what they had accomplished in the 90 day period. All six teams did a great job presenting. They all had viable go to market strategies as well as thoroughly researched projects. Some actually had products to show off, which is a break from the traditional web based accelerators.

Patrick Woods, Director at archer>malmo’s a>m ventures group said “there was actually physical products you could touch” making reference to the several accelerator demo days he’s seen where everything was either on the web, in the cloud or still in pre-release formative stages.

You can see a quick background on the six teams at ZeroTo510 here.

Some of the presenters had already secured physical trials, others, like Restore Medical had great news, like the fact that they already had a purchase order for $3.75 million.

Next week marks the end of the current session of Nashville’s Jumpstart Foundry. Now in it’s third year, the JumpStart Foundry has a great class of startups that will be pitching next week.

Life in an accelerator is tough. Tennessee Venture Capitalist and Partner at Solidus, Vic Gatto, told nibletz last week that there were originally ten teams in JumpStart Foundry and three have since dropped out. The best of the best for next week are ready present and include:

Contigo Financial, an online consumer lender offering a suite of responsible loan products through the workplace.

Jamplify (formerly OKDJ), a social media marketing platform which turns fans into active promoters of online content.

The Skillery, a marketplace for classes and workshops led by experts in the community.

Evermind, the first consumer-friendly senior monitoring system. If you can plug-in a surge protector and use a smartphone, Evermind is easy.

Kiwi (formerly Wax), the best way to capture any exciting moment on video.

PhotoRankr, the first online photography marketplace to leverage the power of social media.

OurVinyl, allows users to discover new music through video. The modern day MTV minus the re-runs.

Nibletz is the voice of startups everywhere else and the national voice of startups in Tennessee we can’t wait to see what these great startups have to offer.

Linkage:

There are still a limited number of tickets available for JumpStart Foundry’s Demo Day get them here

Nibletz is the national voice of startups in Tennessee and everywhere else, check out our southern coverage here

Memphis Startup: Restore Medical Kicks Off Demo Day With A $3.75M Purchase Order

We have no problem admitting that ninety percent of the ideas, and startups that are showing off today at Zeroto510’s demo day fly way over our head. There’s one thing we know real well though and that’s millions of dollars.

Today in Memphis Tennessee, Zeroto510, the first cohort based medical device accelerator in the country graduated their first class. For an overview of the accelerator and the startups presenting today, click here.

One of the startups we’ve gotten a chance to know here in Memphis is Restore Medical. We met co-founders Ryan Ramkhelawan and Shawn Flynn at an office hours event we held in Memphis in June. That’s where we first heard about there new and innovative way to sterilize surgical instruments.

Traditional methods of sterilizing surgical instruments have been in place since Flynn was a surgical assistant in the US Army 20 years ago. Yes, with all the innovation we’ve experienced in the country in the last two decades, the sterilization of surgical instruments still resembles the way a high volume chain restaurant washes their silverware for a dinner rush. Instruments are piled into a basket with no regard for blades, needles, pins and of course accidents.

Restore Medical has two key elements to their business; protecting patients from infections from dirty instruments and saving hospitals money. Restore Medical’s new sterilization process does both. Restore Medical’s process keeps the surgical instruments separated, or rather organized and spread out in a way that every instrument is equally sterilized throughout the process.

When we met at office hours the duo explained that there are a lot of faults in the current system. They should know this as both have had surgery support career paths for over 20 years. One of the faults is the fact that if one tool is missing from a set of tools for a procedure the operating room needs to call down for a brand new set. This can take up to two hours, on a rush. Doctors are faced with whether they are going to keep a patient under anesthesia for the wait or wake them up and put them back under. Of course both of those options can be costly and risky.

During the presentation today Flynn highlighted the fact that with Obama Care taking effect in 2014, there will be 30 million more patients in the system. Now is the time that hospitals need to streamline processes, cut down costs and maximize their certifications. Hospitals need to make sure that their infection rates are low so that they can be reimbursed for patients they take without traditional insurance.

Restore Medical can increase revenue for hospitals by $14.5 million dollars per year (each) and save $500,000 in hard costs.

Their technology, coupled with the revenue by changing to Restore Medical’s system has attracted 5 Wellstar hospitals to already putting in a purchase order. The purchase order hinges on Restore Medical getting their 510K. If their 510K is approved that purchase order is $3.75 million dollars.

Linkage:

Check out Restore Medical Here

Check out Zero to 510 here

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Uber Says F*ck You To Massachusetts Cease & Desist, For Now

Please before you fire off a hate mail telling us that Uber is based in San Francisco (The Valley) we know this already. Since Uber expanded outside of the Valley to “everywhere else” we’ve written about Uber on occasion. They are really great people, and each city office is a corporately owned office, they are actually run more like franchises. Their Washgton DC and New York office are really good to us (disclosure Uber likes what we’re doing on our road trip and supplies us with uber cards when we are in their cities. They care about the rest of “everywhere else” like we do)

Uber has been served with a cease and desist from the Division of Standards of the Commonwealth of Massachusetts. The Division of Standards is using the National Institute of Standards and Technology as a vehicle to try and push their anti Uber agenda. Massachusetts contends that, because the National Institute of Standards and Technology doesn’t have guidelines in place for GPS location technology, Uber can’t legally operate in Boston.

Uber’s says in this blog post, that they’ve had their legal team go over this with a fine tooth comb and they feel that they are not in any kind of violation. As such they plan on continuing to operate in Boston, despite the Cease & Desist, as they have since October 2011.

The sedan hailing app service was recently under fire in Washington DC. On July 11th we reported that Washington DC area cabbies had solicited the help of Washington DC City Councilwoman Mary Cheh (D-Ward 3). Cheh has proposed legislation that would make the minimum fare for an Über ride $15 which is a five times higher than the minimum fare for a normal sanctioned district cab.

By the end of the day that had been squashed as locally based celebrities and even members of congress took to Twitter to defend Uber.

NBC’s Luke Russert took to Twitter to express his dismay:
“I’m willing to bet #DC cabbies after 12am will say, ‘cash only, no credit’ or claim that their credit machine ‘is broken.’” Russert tweeted earlier in the day.

He wasn’t alone, Rep. Jason Chaffetz (R-Utah) tweeted about the issue from his official Twitter handle @Jasoninthehouse, “Uber fans unite! D.C. Council wants to keep fares high. This is wrong! #UberDClove political website rollcall.com reported.

After that public outcry on Twitter Cheh removed the Uber portion of that Taxi bill.

For now Bostonians, fear not as Uber is still in service until the Division of Standards comes with a better argument.

Linkage:

Here’s Uber’s website

Here’s their blog post

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Indianapolis Public Startup Angie’s List Sees Stock Drop 16%

Publicly traded tech startups haven’t been doing very well lately. Groupon, and Zynga have both dropped more than 70% since their initial public offerings earlier this year. The world has been watching the public story of Facebook as well. The largest social network in the world debuted at $38 dollars a share and has since dropped 46%. Right now is a tricky time for tech startups turned public companies.

For Angie’s list, the story hasn’t been much better. Except for the fact that Angie’s list debuted much lower than Groupon, Zynga or Facebook, they’ve still seen a steady decline since going public. Tuesday, Angie’s list stock closed at $11.17, which was below their IPO price of $13. The 16% drop on Tuesday was the single biggest decline for the Indianapolis based startup since they debuted on the stock market 9 months ago.

Angie’s list is a marketplace for people to vet and find service workers. Carpenters, babysitters, plumbers and more can be found on the site. The Angie’s list community is filled with reviews from every service sector possible. Companies can’t pay to be on the list it’s all referral/review based and there are no anonymous accounts.

Angie’s list also incorporates discounts of up to 70% off from the service providers found on the site. The company was founded in 1995 by Angie Hicks and William Oesterle and has remained in Indianapolis since then.

Angie’s List reported a loss of $37 million on revenues of $68 million during the first half of 2012.

Source: Yahoo