Did you catch Redin CEO Glenn Kelman on Sunday’s 60 Minutes? “Real estate, by far, is the most screwed up industry in America,” said Glenn. “And we feel like things that Amazon or eBay or Yahoo have done of other industries, we can do for the real estate industry.” The CBS News blog lit up after the show, fanning the flames of the fight between traditional Realtors and online innovators over the coveted 6% of a property’s sales commission. The debate is on full display in a video from a recent Realtor’s convention. [24×7]
Zigogo is new Seattle Concierge
A new community guide called Zigogo, has positioned itself as an online concierge who knows all of the best restaurants, clubs and shops in the neighborhood and delivers searchable, relevant and real-time calendars, menus and special events information directly to customers online or on their mobile phone. Customers can watch videos, browse pictures and even get door-to-door driving directions for businesses in their neighborhood–all available wherever they are and whenever they want it! Visit Zigogo today! [24×7]
eProject Lands $12 million
Amazon.com’s Podcast Network
Trinity Ventures general partner Larry Orr announced the top 10 reasons to invest in Seattle in his keynote address at the recent WSA Investment Forum.
10.) Thirty nine flights a day from the Bay Area.
9.) No need to pack sunscreen.
8.) “It’s the coffee, stupid.”
7.) People can afford to live here, though he quickly added “on a relative basis.”
6.) You can see a NFL playoff game here.
5.) Underserved venture market.
4.) Quality companies with domain expertise.
3.) Technical talent.
2.) Great local partners.
1.) Entrepreneurial values. [24×7]