Milo.com Raises $4 Million...
Even though co-founder and CEO Jack Abraham doesn't yet know how the company is going to make money. Milo.com's Web site lets you search the inventories of local stores to see whether they have products you're looking for -- then you can go to the store, touch them and buy them if you still want them. Abraham said he started the site out of frustration. "I do the majority of my shopping locally, and it's hard to figure out what's available without driving to the stores or calling them." So far Milo.com has partnered with 42,000 stores in 30,000 U.S. communities -- Costco is still missing, and so are mom-and-pop stores.
25 November 2009•1 min read
