mtt05001

Sad to see, they were a pioneer.

This is an incredibly fascinating concept, I'd love to see other opinions on the top of algorithmic trading!

I really really appreciate that, did you see all the resources on bottom of Flowtab.com?

Mike

I do! So before Flowtab I built ZingCheckout, a web Point of Sale (now used by Tesla Motors). I learned a ton about POS distribution, it was a big part of our growth strategy. However, a POS reseller really can't justify the cost in selling only Flowtab (like you could with a POS) because it was an ancillary product and couldn't yield the high upfront sales $ from bar owners.

Mike Townsend

I agree, and thank you.

Thanks, it would have been a complete waste if we didn't publish this...

With 50,000 bars/nightclubs in the US, and witnessing the success of other mobile payments companies (Levelup, Kuapay, and Starbucks app) it seemed inevitable especially considering the poor ordering experience in many establishments.

Mike T

I am the founder of Flowtab, and my goal in writing this story was to share what we learned and accomplished instead of letting it rot for eternity in Dropbox. Thus, we opensourced everything from our pitchdeck to source code on Flowtab.com.

Kyle Hill and I are already back at it. Together, we launched www.homehero.org a marketplace for senior caregivers, let me know your feedback!

- Mike Townsend

Agreed. I was the founder of Flowtab and I can tell you we always felt just one step away from success. We felt mobile ordering was inevitable and those who fought the hardest for the longest would win. I think different now...

Same way other (orbitz, kayak etc) do it. There is very little money in airline ticket sale cuts. A much bigger market and ultimately how these companies make a majority of their money is thru hotels.