To celebrate the first six months of the White House-led Startup America initiative, this week we are highlighting the stories of real entrepreneurs who are creating jobs across the country.
The Startup America initiative aims to create the right policy environment for entrepreneurs to flourish. For example, the President signed into law a 100% capital gains tax cutfor investment in small businesses made throughout 2011. The President’s budgetwould make this tax incentive permanent.
Taxi drivers in America can spend as much as 57% of their day driving around an empty cab. In most cities and towns, there is almost always an available taxi within an acceptable distance to someone who needs a ride, but the cabs are “out of sight and out of mind,” and, rather than finding one that might be around the corner, people get in their cars and drive, adding to congestion, pollution and the number of intoxicated drivers on the road.
It makes sense that if drivers were more visible, if potential passengers had the equivalent of x-ray vision to spot and hail cabs from blocks away, drivers would make more money and communities would benefit from improved transit efficiency. My partners and I spotted an opportunity, and outlined a plan for a company we called Cabulous. Our goal? Putting an end to “invisible taxi drivers” — and to wasteful inefficiency.
We are very excited to announce that we’ve had 50,000 hails through the Cabulous mobile and web apps as of today!
On top of that, we just passed 15,000 active users in San Francisco alone.
Also, come to think of it, the one-year launch anniversary of our launch should be coming up soon. All the more reason to celebrate. Who wants to throw us a party? I do!
We honestly figured someone else might get there before we did, but no – the fabulous Cabulous team got a full iPad/iPhone iOS4 app up first.
Now Cabulous runs in the background, letting drivers stay on the map even when they are on the phone or checking email. Yay!! Hurray!
The addition of free Cabulous dispatch tools, the new Nokia 5230 offer for taxi drivers, and the new iPhone update enabling Cabulous to run in the background all contributed to this picture.