PPP have $7m in new funding...!

Hot off the press is the news that PPP have SEVEN MILLION BUCKS TO SPEND!! To celebrate, a 7 day promotion entitled LUCKY 7's has been launched.
For this particular opportunity PPP are asking what we think the money should be used for. Well, what could be better than spreading the rewards amongst the posties themselves... Over the next week seven thousand dollars worth of opps will be launched carrying rewards of $10.77, $70.00 or $700.00 and any PPP postie will be allowed to take one of each while they are still up for grabs... I'll reiterate that bit... ANY postie whatever your page-rank or URL.. If you only visit the PPP opps pages once in a blue moon, make sure it's during this coming week or you could miss out on $700!!. In fact if you get one of each opp completed, you could earn a total of $770.77 from these special opportunities. Make sure you're part of the Lucky 7's buzz and get involved right now...
If you have not signed up for PPP before then this is the week to get involved, PPP have a strict policy on blog ethics protecting interests on every side. PPP ask you to report your honest opinion and not to complete opportunities if you have a conflict of interest or cannot be honest.
In order to ensure more revenue in the future, it would be prudent to invest some money in promotion of PPP in general and maybe in research into new ways for PPP to generate opportunities for us in the future. PPP is already the market leader, so I think they should think about using the money to keep ahead of the game. See the Press release below:

Press Release:

The PayPerPost Revolution Accelerates, Sponsored Blogging Marketplace Secures $7 Million Series B

Draper Fisher Jurvetson leads round and joins Board of Directors

ORLANDO, FL – (June 12, 2007) – PayPerPost, the leading marketplace for advertisers to reach bloggers and other consumer content creators, today announced it has completed a $7 million second round investment led by Draper Fisher Jurvetson, an investor in the company's Series A and one of the world’s leading high-technology venture capital firms. The financing brings the total amount of capital raised by PayPerPost to over $10 million, giving the company considerable resources for further development as the industry’s leading Consumer Generated Advertising marketplace. Additional participants in the round include existing investors Inflexion Partners and Village Ventures as well as new investor DFJ Gotham. With this investment, DFJ Managing Director Josh Stein also joins PayPerPost’s Board of Directors.

“PayPerPost created this exciting new advertising space and has established itself as the industry leader,” said Ted Murphy, chief executive officer of PayPerPost. “Although we’ve only used a portion of our first round capital, this added support from investors unlocks significant growth potential. Our content creator and advertiser ROI metrics clearly demonstrate the upside for PayPerPost’s model. We intend to use this capital to build the infrastructure, visibility and professional expertise necessary to reach and retain a greater network of advertisers and content creators than ever before.”

Since its founding in June of 2006, PayPerPost has signed more than 6,500 advertisers to its groundbreaking service, which has enabled Consumer Content Creators to be compensated for their efforts discussing specific companies, products or services via blogs, videos or other media. The content creators are required to disclose relationships with advertisers on their blog, providing transparency for the end reader. Over 125,000 Internet postings, most in the form of blogs, have already earned money for their creators through PayPerPost’s innovative marketplace. PayPerPost recently released PayPerPost Direct, a disruptive new service that allows advertisers to contract and negotiate directly with individual bloggers they identify through a safe, managed system.

“PayPerPost has laid a strong foundation for the future,” noted Tim Draper, founder and managing director of Draper Fisher Jurvetson. “It continues to attract a critical mass of participants from both the advertising and blogging communities. Analogous to Overture’s sponsored search model, we believe PayPerPost’s business model holds disruptive potential and will enable the company to thrive in the evolving paid-content arena.

” To mark the $7 million dollar funding, PayPerPost has launched a new website detailing the company’s service offering at http://www.payperpost.com. Bloggers and advertisers can easily sign up at the site and begin leveraging the self service marketplace.