Christopher Beach
Fort Myers, FL (USA)
Role(s):
Founder/Owner/Principal
Bid2Learn.com
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Startup
Location:
Cape Coral
Industry:
Internet
Year Founded:
2003
Number Employees:
1-10 people
Description:
It is an online automated auction, based on the highly successful "airline" / "hotel" model for a $52 billion industry that has not yet been done. We are first to market after 4 years of R&D.
COGS is less than 15% and Net Margins are at 45% on a $100 million plus, plus per annum Gross Revenue projection; with immediate international markets available. I have already partnered with a European concern handling Ericsson and Hewlett Packard with Asia next, starting in China.
All research and development is complete with Operations underway. Vendors have signed and I have had very favorable C-Level discussions with Yahoo and Priceline as to revenue sharing and home page listing. With VC's ready to engage after meeting early milestones.