Sam Abebe
Atlanta, GA (USA)
Role(s):
Founder/Owner/Principal
Content Distribution
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Startup
Location:
Atlanta
Industry:
Media
Year Founded:
2006
Number Employees:
1-10 people
Description:
Web Brands is holding group of web2.0/social networks/and mobile application "projects". The goal is to spin each project into a sustained and successful (i.e. profitable) business entity. Our goal is to eventually sell these web brand "properties" to larger media/entertainment buyers or rollup the independent companies into a single entity and sell (8 figure range)
We have already launched our first venture (*ask for specifics) which is a web based mobile application that allows anybody, from anywhere in the world to covert music, pictures and video into mobile content (ie. Ringtones, Wallpapers, and GAMES) for free. We generate revenue through advert sales and sponserships. We have completed the beta version Dec 08, with 100+ test users. We are in need of seed capital to speed up execution of marketing and sales, also to fund developement of other web property - A web based video editing application (pluggable into other social networks like Myspace, Facebook, and Friendster)
Revenues:
We are currently a publisher with Google Adsense which we estimate will generate our company $100,000+ monthly within our first year. These are forward looking estimates, but are very attainable considering our market demand is very high. By 2010 we'll have over 15,000,000 registered users on all of our top network sites.
We are looking for investor angels willing to exchange capital for equity stake in company. Preferably one who is based in Georgia.
Lastly we understand that raising capital is drawn out process but we will do everything in our power to help answer the investor's questions and maximize their invested dollars. We are a low cost operator - our development work is outsourced so overhead is very low.
For more information please contact Sam directly
Thank you