A few months ago, I came across a pretty ambitious startup in London, called Streethub.
The startup might not have the most innovative idea but this’s definitely one of the most ambitious project.
We probably all have come across a company or a project of this kind of nature ( discover & find an item near you) but nonetheless, I am pretty much sure that until now most of us have found those experiences quite disappointing .
For those of you who don’t know Milo, it was quite a popular silicon valley startup in 2010 with the big ambition of building a bridge between online and offline commerce. Pretty quickly the young ambitious startup find out that the vision was way too big for a startup and ended up by selling to the famous online auction website , Ebay.
Perhaps Milo was a bit early in the market or sold too early …whatever the reasons are….If Streethub can solve this massive local commerce problem , it can become one of the next most important Startup.
- Streethub looks like they are having a great execution by getting pretty great deals with important strategic retailers. Which is one of the most important asset in any startup success.
With their recent investment fund worth £750,000 their might be on the right path to take off.
But for now , the major weakness I see is their lack of a mobile application. In my humble opinion, there is no way to solve the local commerce holy grail without a first class mobile strategy.
I have recently gotten information that the London young startup was busy working on their iPhone application.
Until they launch in more London areas and offer a great mobile experience it will be hard to really see what Streethub can offer in that market!