Tuesday, October 26, 2010

Damnit Amex, Give Me A Credit Card

Just about every evening investor Dave McClure sends me an email pitching one of his startups for a story. Company X just got a user! That sort of thing. Tonight though the pitch was a little more interesting. Credit Karma, a startup we first covered late last year, now has more than 2 million members. Revenue is "8-10X higher than last year," but without a hard number and my understanding that last year they had zero revenue makes that somewhat less impressive. But the service is really cool. I have recently been in credit card hell. Chase dropped my credit limit on my United card to absolutely nothing for no reason at all last year, and won't increase it. I've also been declined by American Express, repeatedly, for a Starwood credit card.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/6xiVN_FEx-8/

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