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Posted on Tuesday, June 12, 2007

Did you sign up already for Payperpost to monetize your blog? You should as in the next 7 days until next Tuesday Payperpost is giving all of their Payperpost writers the opportunity to write posts for $10.77, $70 or even $700!


Why all these numbers 7 and even the name of the promotion is called Lucky 7's? Because Payperpost received this morning $7 million dollars in funding. Payperpost is now asking us what they should do with all the money? I would say:



  • make sure you make wise decisions, we are bloggers so we could miss the bigger picture on how to advertise on blogs

  • it would be nice that the Payperpost server was fast. It is a shame that the biggest and pioneer of all paid to post schemes let her posties wait minutes for opportunities to show up, looked at in detail and be taken

  • make the special Tuesday contests open to all posties worldwide: although I am not having my residence in the US, that doesn't mean my readers aren't US residents, therefore I am targeting the same readers as US bloggers. So why can't we get the same benefits?


I love the extra income I can make with Payperpost, but especially due to the slow process in taking Payperpost opportunities, I would make the posties happy and upgrade the server. For all you know posties have been asking this already from the beginning of Payperpost. Happy posties will write better post and stay loyal to Payperpost.


Read the latest Press Release of Payperpost


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.