Fixed App on Shark Tank
|Fixed.com Parking Ticket App|
appearing on the next
Shark Tank Show in Episode 707
The Founder of Fixed App is David Hegarty, from San Francisco, California, who will be appearing on the Shark Tank by himself during Episode 707 this Friday night, 1/15/2016. David first founded the Fixed Ticket App in 2013, and so far, raised over $1.8 in funding even before his Shark Tank appearance. The business models primary source of income was (I'll get to the "was part" a little later) based on charging a small handling fee that make's it easy paying your ticket through the App, or a 25% fee based on any traffic ticket the Fixed App successfully gets dismissed. For instance, if you're facing a $400.00 ticket that Fixed got dismissed, you'd only pay $100 for their services.
Because each city handles traffic and parking tickets differently, the Fixed Parking Ticket App first focused on San Francisco to prove the concept. Hengarty quickly mastered the San Francisco area before expanding into the Oakland and eventually Los Angeles within two years time. The grand plan already having the investment funding to expand from several A+ Venture Capitalist's including Shark Tank investors Robert Herjevic and Guest Shark Chris Sacca, (that's my prediction for Episode 707) is bringing the app to 100 other cities soon.
The Fixed Parking App was becoming an enormous success as word was spreading how this parking app was beating the system at its own game. It's a Win-Win-Lose for all parties involved.
You win if Fixed can fix your traffic ticket, and the business wins by you paying them instead of the courts. The only loser is the cities where the Fixed App sets up business. For every $1 the Fixed App make's for doing a better job, it effectively take's $4 out of the city coffers that you would've normally paid in fines. I suppose the insurance companies don't like it either because they can't raise your premium from the points against your drivers license if Fixed.com gets the ticket dismissed.
Cities don't like it when they "gotcha" and you somehow get away without paying them so much as a dime. It now appears after 60,000 parking tickets submitted to Fixed.com in the past two years, the cities of San Francisco, Oakland, and Los Angeles have banned together shutting this little ole app down. Talk about a real-life David Vs. Goliath Story this new Shark Tank product's now facing for its very survival. How far would a large city go to shut down an App for parking tickets even, in most cases, making it more convenient to pay your bill? You might be very surprised, then again, maybe not.
Techcrunch reported on October 12, 2015, that San Francisco, Oakland, and L.A. have all blocked the Fixed Parking App from accessing their parking ticket websites. It appears Big Brother doesn't like you having that much information on how easy it is beating a parking ticket with the Fixed App.
Fixed Parking App Reviews before Shark Tank Episode 707While all the Fixed App reviews are positive from folks saving money and time handling parking tickets online, unfortunately, its future's in question for this brand new Shark Tank product. How can any business survive in any market when the city government goes out of their way to effectively shut you down? Sure, the Fixed App can continue expanding to other larger cities as planned, but what's stopping other cities from doing the same thing? If a city official can shut this new technology app down just because "they" don't like it, then when will it end?
Even though this new information concerning the cities of San Francisco, Oakland and L.A. shutting down access to the Fixed Parking App was not known when Hegarty pitched this on the Shark Tank, there's a "very good reason" why the producer's still green lighted this for the Show.
The story of David vs. Goliath is just getting started, especially after 10 million Shark Tank Fans learn whats happened to a Start-Up Technology Business in the Heart of Silicon Valley.
Fixed Parking App Website