Most of you all know that I originally started posting through PayPerPost because I needed money to buy our school curriculum for this coming year. Those of you who homeschool know what kind of expense this can be! My goal was to make $300…if I was lucky! Well only after a few weeks I had made $300 plus some! I am continuing to work with PayPerPost because I can easily earn some extra money to help out our family while my husband is in school. I am thoroughly pleased with my experience at PPP and I would recommend it to anyone! And if you are an advertiser, you really do need to look into PayPerPost...they have a huge blogger outreach and you are certainly going to be able to advertise your product or service through quite a few different blogs!
This morning it was announced that PayPerPost had received 7 million dollars in funding!!! So what is Ted Murphy and his crew doing to celebrate this funding? They have launched the Lucky Seven's promotion. Between noon today and noon on next Tuesday, they will be offering ad opportunities that pay $10.77, $70 and even $700!! These opps are open to EVERYONE!! If you take the $10.77 offer it doesn’t eliminate you for the $70 offers of the $700 offer! This is a completely cool promotion!! I will certainly be watching for that $700 opportunity!! That would take care of our curriculum for awhile!!
See folks, this is why I love working with PayPerPost! It’s just so much fun earning money!!
Following is the Press Release about the funding:
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.