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Internet Startup Seeking Funds for Launch

Dallas, Texas, USA
Listing ID:278
Funding Amount Needed : $30,000
Industry: Internet Funding Type: Equity
Maturity Stage: Product Development Year Established: 2010
Has Business Plan: Yes Revenue: Not Disclosed
Forecasted Revenue: 4000000    

Hello, I currently am seeking funding to finish my web startup. It is about 50% complete right now, all built with sweat equity. I own 5 URLs with the name in different variations. I own 100% of the company. I am seeking $30,000 USD for a 30% equity stake. This funding will get us to launch. A similar website launched in 2004 and in 3 months they had 4 million users. I beleive what I am creating is better than them, and will generate even more users. I am simplifying what the competition is doing to make it easy for the average user to use.

Revenue will be generated with advertising, Would be cashflow positive with 200,000 users.

Market

Almost a billion people

Sales & Marketing Strategy

Viral campaign and gorilla marketing

Competitive Advantage

design, ease of use

Barriers to Entry

gaining traction

Competitive Landscape

A few players, but not even close to what we will come into market with

Competitors

trove.com netvibes.com

Employees

1

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