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Seeking Capitol - Serious inquiries only!
Hello-
My company which I would like to keep anonymous on the thread is seeking an investor for a minimum of $20,000. Please pm me for site details and link!
That being said please let me share a little about our project:
In November 2007, we launched our Network video community. The sites are very similar to youtube, but obviously a different look. Currently, we host over 120 video share sites all under one roof for colleges and universities. Each school is given their own specific site, and all content is related to their school. The sites have video channels for music, sports, comedy, fraternities, around campus, etc...
We launched in November and we approached close to 100,000 page views our first month with NO advertising. In December, we have already topped over 100,000 page views and should hit approximately 150,000 page views and 25,000 unique visitors. Again, this has all been done with no advertising. We have been using forum post and word of mouth to get our site out there.
We realize to gain substantial ground we will need to begin advertising heavily in 2008. This is where the capitol comes in to play. As a start up, myself and two partners have funded this personally.
We are incorporated and are willing to give up 25% of the company for the right investor. All four parties will then have equal share in the company.
Additional information:
We have monetizing means in place across the entire network. Currently, banners placements (By Adbrite) and we have video overlay ads in place on videos (by Scanscout). Currently, our CPM average on the overlay ads have been approximately $10-$20, but does very by day. The overlay ads have been in place for about three weeks, and premium ads are now displaying which have jumped revenues significantly. The adbrite side is a different story as we are more or less giving this banner space away until we can get consistent traffic. We have also built our network in which we can exploit advertising based by school, conference, or full network coverage. We feel this will allow us in the future to fully maximize our space and offer an advertising package for the "small" client and the large client.
Lastly, I do not want to mislead or give a false impression. We are absolutely a startup, but with a great vision and we believe the right network in place. Our current monthly operating expenses are $300 a month.
Bottom line, for every 100,000 "video views" not page views we can drive we project we can make $1K-$3K in revenue. This is based off a CPM on the overlay ads of minimum $10. As we move forward and establish ourselves we can really begin to sell banner space, and revenues can jump significantly. This is something all partners will work on to put the right advertising model in place to entice advertisers.
Please PM with any question or for our site link. Thanks for your time and look forward to hearing from you soon!
Sincerely,
Ashley
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