Tech (2)

Handy to Corner Home Services Market

  • January 11, 2016
  • Tech

What has been an unsuccessful venture for Homejoy Inc., may be a windfall for Handy. Both companies are start-ups in the new home services booking app market. Homejoy announced in a blog post on its website, five months ago, that it would cease to provide it’s home cleaning and repair service app. More recently, they have made the final move by filing Chapter 11 bankruptcy in San Jose. While it appeared the company was expanding from not only offering home cleaning services, but also home repairs and carpet cleaning, they have stated that “unresolved challenges in the home services space” was creating significant obstacles for the company.

The fall of Homejoy may lead to the rise of Handy Technologies Inc., which is an already established home cleaning broker service. Handy has garnered $50 million in backing from several investors including Fidelity Management Co., Highland Capital Partners and others. As a matter of fact, Handy hitting a milestone of one million dollars in bookings in a week solidified confidence from potential investors. It seems as if co-founders, Hanrahan and Dua have found the right formula for success in this emerging market. The idea was birthed when they themselves had a need for a handyman to assemble furniture, and found how difficult it was to quickly find and schedule basic in-home services.

For both client and employee, Handy offers reliability and efficiency. Freelance workers who would otherwise be unemployed have found decent pay and control of their own destiny by signing on with Handy. Earnings range between $15 and 22$ per hour, and you have the freedom to choose only the assignments that best fit your schedule. This is perfect for parents who prefer to schedule work around the running of their household. For the client, Handy offers employees who have been thoroughly screened with not only background checks, but also references. New services are being offered to potential clients, which include interior painting, moving help, hanging of light fixtures and assembly of IKEA furniture are all being tested as future offerings. Handy will likely continue its upward growth well into the new year by avoiding the pitfalls that Homejoy experienced.

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Discounted Phones Lead November FreedomPop Sale

FreedomPop is getting into the holiday spirit this November as the company is launching a pair of popular phones for sale at majorly discounted rates. FreedomPop was established in L.A. back in 2012 and since then the MVNO has been steadily growing into one of the powerhouses in its own demographic. For years FreedomPop has opted to shy away from selling hardware, but this November phone sale will lead the charge in what appears to be a massively evolving mindset for the FreedomPop corporation.

Coming in November CEO Stephen Stokols has announced that FreedomPop will be selling both the Samsung Galaxy S4 and the Motorola E at majorly discounted rates for subscribers. The Galaxy S4 will be available for $100 (regularly $450) while the Motorola E will be available for $40 (regularly #230). Both phones will come packaged with a free month of premium FreedomPop which gives customers unlimited calling and texting as well as a gigabyte of mobile data to use. After that month is run out customers will then have the option to either renew at the $5 monthly rate or opt to scale down to the basic, free, FreedomPop plan: 500 texts, 500 minutes of talk, and 500 megabytes of mobile data.

For the longest time FreedomPop has been averse to taking on any sort of hardware as they’ve primarily geared their customers toward SIM cards and ‘bring your own phone’ programs. Now, it is all too clear that FreedomPop is evolving their gameplan. The company recently scored a huge deal with popular manufactures Intel Capital in an undisclosed funding deal. Intel Capital will work in cooperation with FreedomPop to develop a WiFi first smartphone that utilizes the FreedomPop WiFi network in order to function. The phone, thus far, has rather limited details available on it but a release is aimed at some point in 2016 with a price tag around $100.

Going forward we fully expect the company to improve upon their outward expansion. Last year we saw a major push toward the United Kingdom and this coming year it is slotted in that FreedomPop is taking aim at Asia with the cooperation of the Axiata Network. Axiata Group is the biggest distributor in Asia, servicing more than 230 million customers across several of the largest countries in the region. FreedomPop received a $10 million investment from the group and they’ll use that to establish their brand over the next year.

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