Update: Two Million Miles!
Earlier this month FuelClinic.com members climbed past 2-million-miles of tracking and managing fuel efficiency using the tools on the website. Together we’ve stopped to refuel over 10,000 times – buying just under 90,000 gallons of fuel. Continued-usage statistics for the site are very strong, as a good number of our users return every few days to continue recording mileage. Thank you!
No More Chasing Investment (for now)
You may have noticed that development has stalled on new features like the Twitter interface and the training modules. Over the past two months we’ve been actively seeking start-up funding so that we may go full-time in continuing the development of the site. This has taken a tremendous amount of time and effort.
While we’ve received a good deal of very positive feedback, our timing was very poor. The economic downturn since September, coupled with the dramatic drop in fuel prices since November, has made it very difficult to get past the “Gee you have a good idea, come back to talk to us in six months” stage. Overall, it was a very worth-while effort, as continued business-plan development has really helped us find and focus on our core model.
We’re keeping a few investment doors open, but are no longer counting on investment until Summer 2009 at the soonest, and are not actively chasing investment. This means we’ll continue to boot-strap FuelClinic.com development for the foreseeable future, and development of new features (as opposed to seeking funding sources) will again be the focus of our limited resources.
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[...] no secret that I’ve had trouble finding startup money for FuelClinic.com, but now my problems are solved! I’ve just received my [...]