Ann Arbor “Hackomotive” winner sell stake in mobile app
Ann Arborite Steve Schwartz is one third of a trio of entrepreneurs (one in Lansing, one in Seattle) who developed an app called Carcode, that connects customers and auto dealerships via text message. Success took less than a year. Excerpt: "Berkowitz would not disclose financial terms of the deal. But Gorton and his team said the transaction was “life-changing.” The group also declined to accept investment offers while launching Carcode, which allowed each of them to keep a larger ownership share." Read the rest here.
Ann Arborite Steve Schwartz is one third of a trio of entrepreneurs (one in Lansing, one in Seattle) who developed an app called Carcode, that connects customers and auto dealerships via text message. Success took less than a year.
Excerpt:
“Berkowitz would not disclose financial terms of the deal. But Gorton and his team said the transaction was “life-changing.” The group also declined to accept investment offers while launching Carcode, which allowed each of them to keep a larger ownership share.”
Read the rest here.