You probably know that CitySourced almost won TC50 (they came in second and today Sarah Lacy called them out as one of the few companies she saw that was trying to change the world). You’ve probably seen the boatload of press that came from that.
You probably know that CitySourced was one of the few companies to actually bring a customer on stage (a councilman from San Jose, CA, one of the largest cities in California and centerspot in Silicon Valley).
You probably know that Kralik worked for Newt Gingrich on a bunch of eGovernment initiatives (I’ve interviewed him before for Fast Company).
But what didn’t you know?
I bet you didn’t know that their product didn’t exist five weeks ago.
I bet you didn’t know that they had less than $100,000 in investment.
I bet that you didn’t know that about a week ago they thought they had been turned down for TC50 and that they would have to decide whether to be in the Demo Pit.
It’s an amazing story and more will be told when we get the video up on building43 in a couple of weeks.
What did they make? Something very simple. It’s an iPhone app where you can report things that are wrong in your city. But there’s more to the story than that.
How big a company can they be? Well, let’s say they get even a few percent of Americans using the app. Imagine all the candidates who will want to advertise there, or study the data for new ways to win. Imagine a screen that says “so and so isn’t going to fix your potholes in your street, but I will.” I’d give that girl or guy my vote!
CitySourced is an amazing story that’s just getting started. Wait until you hear their tips for winning TC. I love stories of how a few people get together with very little investment and try to change the world. Anyone else?