SOURCE: ByOwner.com Classified Ads

ByOwner.com Classified Ads

January 13, 2014 00:01 ET

ByOwner.com Launches $1.5 Million Equity Crowdfunding Investment Deal on Angel List

Investment Offers Opportunity to Tap Growing Online Advertising Industry, Which Is Expected to Reach US$185.4 Billion in 2017 as Social Media, Mobile and Video Advertising Revenue Rise

TAMPA, FL--(Marketwired - Jan 13, 2014) - ByOwner.com is seeking equity crowdfunding investors to raise money needed to advance its position as the safest online community to post free classified ads for job listings, cars for sale, for sale by owner real estate, vacation rentals and over ninety other categories of products and services. One of ByOwner.com's primary product differentiators is the way the company is harnessing advanced security technology to allow buyers and sellers to research each other prior to meeting in public to complete a business transaction.

The online classified advertising service currently allows more than 1.3 billion Facebook and LinkedIn social media contacts to see each other using the "Friends-of-a-Friend" feature. This will help combat the unprecedented crime wave of murders, rapes, armed robbery, and prostitution occurring every day on popular online advertising sites.

"There is a huge void in the market for an advertising platform that welcomes partner innovation, user safety and does not contain "adult" content," said Greg Sullivan, ByOwner.com's President. "We feel that personal ads, massage parlors and escort services should not be available on the same platform as someone selling their home, car or used household items."

According to Pew Research, internet advertising continues to defy the world's wider economic problems, growing in terms of both volume and its share of the global advertising pie. Digital advertising is expected to reach US$185.4 billion by 2017.

"As consumers get more comfortable with buying and selling online, so should their satisfaction with the complete online advertising experience. Our platform fulfills the need for higher transparency between buyers and sellers. It's just not safe to meet someone in a parking lot to buy a $200 phone if you don't know anything about the person," Sullivan added.

ByOwner.com is directing accredited equity investors to https://angel.co/byowner-com in order to provide investment capital to help the company continue expanding their market share. Funds will be utilized towards aggressive marketing campaigns, and technology enhancements that will target a wide variety of partners, and publishing houses to fulfill the growing demand of consumer to consumer transactions.

Contact Information

  • Contacts:
    Greg Sullivan
    CEO
    ByOwner.com
    (561) 702-5596

    Robert Hoskins
    Front Page PR
    512-627-6622