Startup Wants to Force Your Press Releases 'Underground'

This morning we got a tip indicating that Madison Avenue Ventures, one of many ‘startup incubators’, has officially acquired PRUnderground.

This is newsworthy primarily because the MAV has acquired so few startups so far, and its food app Eatopia won’t even launch until January. So someone thinks there’s a market ready for a new distribution tool and that “social media press release” is a novel product.

In case you haven’t heard of it, this company is the latest provider of super-cheap releases, hyping its service with a quick tagline:

Like others in its space, PRUnderground offers flexible pricing plans and big promises:

We are a new generation of press release distributors.

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