7 Million buckaroos.
*Sponsored post*
To be a pioneer in an industry, and maintain the integrity of the company as well as strengthening and keeping up the company's reputation is not something easily achievable by many, in fact it is a feat well worth of mention. In case you just stumbled on my blog(welcome!!), and are not aware of this, well, PayPerPost.com is a place where bloggers (like little ole' me!) get paid in different amounts depending on the reviews or advertisements we post on our blogs according to the specified requirements which are stated by the advertisers. See, good money for a fun job and blog ethics are taken into consideration as well.
But that's not what I wanted to talk about actually. This opportunity which I have taken (and this is why I am blogging about it now) is actually part of PayPerPost's Lucky 7s promotion. They managed to raise another USD 7 Million buckaroos. Nice. Wow, that IS a lot of cash. *whistles and then turns green with envy*
They could throw lots of champagne parties complete with girls, girls and more girls. Just kidding, okay? With that amount of money I hope we bloggers get more cool opportunities sponsored by PayPerPost about the sponsors (to thank them). And also why not sponsor some trips as prizes?
But of course it cannot always be all about us bloggers (yeah right!). So invest in some other companies online, and watch the PayPerPost portfolio grow. Yeah. Sounds good eh?
Ultimately it is completely up to them, but here's a huge shoutout to Ted & gang from ah ling; Congratulations guys!!!
Here's the press release in case you want to find out more in detail about this:
The PayPerPost Revolution Accelerates, Sponsored
Blogging Marketplace Secures $7 Million Series B
Draper Fisher Jurvetson leads round and joins Board of Directors
ORLANDO, FL – (June 12, 2007) – PayPerPost, the leading marketplace for advertisers to reach bloggers and other consumer content creators, today announced it has completed a $7 million second round investment led by Draper Fisher Jurvetson, an investor in the company's Series A and one of the world’s leading high-technology venture capital firms. The financing brings the total amount of capital raised by PayPerPost to over $10 million, giving the company considerable resources for further development as the industry’s leading Consumer Generated Advertising marketplace. Additional participants in the round include existing investors Inflexion Partners and Village Ventures as well as new investor DFJ Gotham. With this investment, DFJ Managing Director Josh Stein also joins PayPerPost’s Board of Directors.
“PayPerPost created this exciting new advertising space and has established itself as the industry leader,” said Ted Murphy, chief executive officer of PayPerPost. “Although we’ve only used a portion of our first round capital, this added support from investors unlocks significant growth potential. Our content creator and advertiser ROI metrics clearly demonstrate the upside for PayPerPost’s model. We intend to use this capital to build the infrastructure, visibility and professional expertise necessary to reach and retain a greater network of advertisers and content creators than ever before.”
Since its founding in June of 2006, PayPerPost has signed more than 6,500 advertisers to its groundbreaking service, which has enabled Consumer Content Creators to be compensated for their efforts discussing specific companies, products or services via blogs, videos or other media. The content creators are required to disclose relationships with advertisers on their blog, providing transparency for the end reader. Over 125,000 Internet postings, most in the form of blogs, have already earned money for their creators through PayPerPost’s innovative marketplace. PayPerPost recently released PayPerPost Direct, a disruptive new service that allows advertisers to contract and negotiate directly with individual bloggers they identify through a safe, managed system.
“PayPerPost has laid a strong foundation for the future,” noted Tim Draper, founder and managing director of Draper Fisher Jurvetson. “It continues to attract a critical mass of participants from both the advertising and blogging communities. Analogous to Overture’s sponsored search model, we believe PayPerPost’s business model holds disruptive potential and will enable the company to thrive in the evolving paid-content arena.”
To mark the $7 million dollar funding, PayPerPost has launched a new website detailing the company’s service offering at http://www.payperpost.com. Bloggers and advertisers can easily sign up at the site and begin leveraging the self service marketplace.
Labels: PPP
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