Not sure how I missed this but apparently one of Vegas’s best tech startups — Rumgr — has been bought by eBay and is leaving town. They’re also shutting down their site and teaming up with another group of developers to create something similar but better.
It kinda sucks to be losing such a cool company but I’m definitely happy for them. They’re poised to do some very big things, especially now that they’re part of one of the most powerful ecommerce sites/companies in the world.
But, as anyone who has every tried to use those platforms knows, they really aren’t that great. In fact, they often lead to scams, ripoffs, thefts, and even worse — like having to deal with weird guys who almost never leave their parents’ basements.
As others have said, one of the “big boys” of the tech world should have developed a Rumgr-like app years ago. It basically combines all the good stuff about Craigslist and local garage sales and gets rid of 99% of the bad stuff.
The basic idea is a great one — create an easier, safer, more fun way sell your stuff to the guy down the street (or on the other side of town). The original Rumgr platform never really “exploded” in popularity but it did have a loyal local following here in the Vegas valley.
The startup’s founders are all ex-Zappos guys and were helped out a lot by some seed funding via Tony Hsieh/VegasTechFund. Looks like that was a very smart investment. Rumors are that Rumgr got $1.7 billion in the deal.
Supposedly eBay engineers and the Rumgr coders developing a new app called Close5, to be launched this month. It should be interesting to see how it turns out. Targeted, location-based marketing/networking is one of the waves of the future so it’s very likely we’ll all be using the app soon.
Anyway… I hate to see Rumgr go… but I definitely wish them good luck in the Yay!
BTW, here’s one of the videos that originally got me very interested in this VegasTech startup:
You can learn more about the deal here: e-Bay Acquires Las Vegas Startup Rumgr
top image via Instagram