Opportunity Is Knocking
>> Tuesday, June 12, 2007
Well, I’ve been doing the Pay Per Post thing for almost a month now. In just a couple of days I will begin receiving payment. I’m pretty excited about it as I am in the planning stages for our trip to Ireland next spring. I figure that if I can make about $200 a month that will give us a nice bit of cash – or maybe help us to extend our trip a few extra days.
I am really enjoying this opportunity to earn extra money. It only takes as much time as I give it and I can pick and choose what I post about. I do my best to keep my sponsored posts interesting and hope that you enjoy some of the stuff that I share.
And, on the topic of sharing, it was announced today that Pay Per Post has raised another $7 million in investments which will allow for additional development and, with that, more opportunities for me. Like the new Pay Per Post Direct, which allows advertisers to browse the blogger directory and make a direct offer to individual bloggers.
“PayPerPost created this exciting new advertising space and has established itself as the industry leader,” said Ted Murphy, chief executive officer of PayPerPost. He adds that the support from investors unlocks significant growth potential. I really look forward to that growth as it means more advertisers; thus more opportunities for me to share great stuff.
With this investment news Pay Per Post asked it’s bloggers “What do you think we should do with the money?”
“Share it!”, thinks I. And they are. Over the next week they will be releasing $7k in opportunities- with some paying $700! Now, to get one of those I may not get to sleep for the next week and I will have to have my laptop strapped to me… But how great would that be? Wish me luck!
And if you are interested in becoming a "postie" check out the link in the left sidebar.
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.
1 comments:
I just signed up for it. I hope your site got a referral!
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