Tag: venture capital

      Apps for home sellers to sell quickly

      November 13, 2018 /

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      If you’re looking for quick cash for your house, you now have several apps to choose from. The business plan for these apps are interesting:

      Think of them as house-flippers that work for you. Sellers fill out an online questionnaire, and an iBuyer uses proprietary modeling to assess the home’s value. The company then makes an all-cash offer within 72 hours, sight unseen. (The iBuyer keeps a 6 to 10 percent commission off the price.) They make light renovations and relist the house at a markup. Home buyers can browse and make an offer via app.

      It will be interesting to see how much participation these apps generate. There’s a lot of VC money behind these startups.

      Apps, Lifestyle

      Boogie Board is a different and popular tablet

      June 30, 2011 /

      Kent Displays, the company that makes the Boogie Board tablet, is getting more VC money and is hiring 40 more employees in Ohio.

      The Boogie Board is a modern equivalent to the old-fashioned chalk slate – a device that allows users to write and quickly erase messages on a screen the size of a sheet of paper. Company spokesman Kevin Oswald said orders for the boards have forced the plant to run three shifts a day for much of the year.

      He added that he expects orders to increase this fall when the company adds a version of the board that can save images for later use.

      “[The expansion] will allow us to meet worldwide demand for the Boogie Board tablets for the foreseeable future,” Oswald said.

      Sales of multimedia tablets, such as Apple’s iPad or Motorola’s Xoom, have boomed this year, but Oswald said Kent’s product doesn’t compete with those. Boogie Boards cost $40-$60, depending on size, and are meant as a replacement for notepads and paper, not computers.

      It will be interesting to see if this technology eventually finds it’s way into the all-purpose tablets.

      Gadgets

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