PayPerpost have raised another $7MM...

My, that is great that PayPerPost have raised $7MM in funding. Now, that will help everyone a lot in terms of getting more opps. In fact, this lucky 7's is making me so excited taking one of the opps. Anyway, with the money that PayPerPost raised, it could help a lot of people, like us here, I need more opps. And others in need, like some should go to a charity, or for a good cause. More power to the PPP, I am glad I get to be apart of the excitement that I am making some money, too. Yahoo!!! PPP rocks! Surely, this "blog outreach" is making a lot of people happy like me here. I can't wait to post more, and make more money. So, keep them coming PPP! Thanks for making it possible for us to make extra money. I really do appreciate such opportunity. Great job! I love PPP. And you know, I am planning to make this PPP thing my regular job, and will post as many opps as I can to be able to generate some money for my daily needs especially when I am going to have my baby soon. As for the PPP funding, it's really amazing they have that much in funding, the PPP will really accelerate then. I think it's great, it will bring more opps and well, more extra money for all the posties. I hope it will last for years to come so I won't have to worry about getting a job any sooner. Good luck to the PPP!
Press Release:
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.