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Entrepreneur - New Business
iPad ground floor investment opportunity
Posted by:
Adam Michalewicz
on 6/2/2010 12:47:22 PM
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Funding Needed
:
$100k - $250k
Category:
Media / Communication & Networking
Website :
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Location :
Atlanta,
Georgia,
USA
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Description:
We are a start-up for a mobile (ipad and iphone) searched-based app that will incorporate many social networks and concepts. We believe that search, as a method of obtaining information, on mobile devices is incredibly lacking. With the right concepts and tailoring the experience to mobile platforms we can be at the beginning of mobile search.
Currently mobile search advertising spending is around $50M per year. Analysts expect the spending to increase 125% per year up to $2.3B by 2013. By getting in on the ground floor we will be able to garner a sizable market share of this spending.
We do not have a website or app complete yet. The business plan, concepts, and wireframes are complete and we are in talks with various development companies and other VC's to begin once funded. From beginning we can expect to launch in less than 4 months.
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