Julia Herniak
Amherst, NS (CAN)
Role(s):
Founder/Owner/Principal
Zovue.com
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Startup
Location:
Amherst
Industry:
Internet
Year Founded:
2009
Number Employees:
10-50 people
Description:
(URL removed) is a communal shopping network using patent-pending technology.
Zovue provides webpage sharing within Zovue and allows users to draw, send notes and chat while they do online shopping.
(URL removed) also allows users to store HD videos and HQ photos. (URL removed) combines shopping, chatting and networking all in one website.
(URL removed) has a very good revenue plan which is subscription based. Since Zovue is the only website that has these features, the barrier for competition is very high.
(URL removed) is looking at procuring 30,000 paying members in 2010. This will amount to $5,760,000 in revenue, aside from revenue being received from advertisers.
The team at Zovue is looking at an exit strategy of less than 2 years.