50 Equity on Fully Developed Website

50% Equity on Fully Developed Website
Test Marketed for 7 mos with Great Google Metrics
50% Equity on Fully Developed Website
Start Price -
Current Price -
Time Left -
Bid Count 0
Buy It Now Price -
Reserve Price -
Start Time Friday, July 04, 2008
End Time Sunday, August 03, 2008
Location Arlington, MA

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Description
CityListing.info (also .net and .org) is a free listing service similar to Craigslist and has great potential to earn advertising revenues. The site is fully developed and was launched in Jan 2008 and has earned respectable Google Analytic metrics. The metrics from Jan 1 - July 1, 2008 are 29.65% bounce rate, 6:35 min time on site with an average 8.26 pageviews. With limited direct email and google advertising, the site currently has an Alexa ranking of 564,607 and has reached a high of 285,000 ranking. In addition, feedback from users have been very positive. The site has limited monthly advertising revenues between $200-$600. In exchange for 50% equity, the site needs funding for advertising and salary for 1 employee to achieve critical mass for take-off where the potential for earnings would be great and easily cover the initial investment/cost that would take the site to full growth and public exposure. In addition, positive feedback from users makes this site a very strong competitor against Craigslist once critical mass is achieved. Also, the site is easily and fully scalable to service greater and heavy traffic  comparable to any popular websites. Please take a look at the site http://citylisting.info . I am looking for equity funding to support advertising for the site and salary for one employee to bring the site to criticial mass and take-off and take it to head-on competition with Craigslist, the most popular listing service on the web.70% of the proceeds from this bidding will go to advertising costs and server upgrade to achieve critical mass for takeoff, the difference will pay for the minimal salary for 1 employee to maintain and service the site.The winning bidder can draft the legal terms of the 50% equity sale and the seller will sign and deliver the contract.

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9/7/2008 6:13:44 AM