Seed Capital Needed For Web Startup!

Require $150,000 U.S. seed capital for a web startup. Our business will capitalize on two substantial areas of Internet growth, ad spending and social interaction (social networking). Our focus is on the “Baby Boomer” generation. Our site offers a great way to participate in these two important trends.

Our company will provide a quality online portal that matches people whose paths have crossed. A place for the development of friendships around shared interests, times, geography or occurrences and a place for renewing old friendships and keeping in touch. Plans call for building a substantial user base, showing steady revenue growth and to reaching profitability within 18 months.

The business is in the early stages of development. To-date all development efforts have been confined to verification of the business concept, plan writing and to structuring and quoting of the website. A substantial business opportunity exists! Production of the website of the web site and brand building will begin in earnest after funding is received. Please reply to this post for a confidential, Executive Summary.

By 2010, spending on Internet advertising will account for 10 percent of total U.S. ad dollars, according to "The Changing Face of Advertising in the Digital Age" from Parks Associates.