Wednesday, April 30. 2008

Geostartup WineMap.org's Business Proposition

Jordan Thomas started WineMap.org, an Internet business that matches grape growers with buyers. This week he pitched it to potential investors. Here's his status:

Thomas and his partners already have put $400,000 of their own money into the two-year-old business. They're looking for another $700,000 to take it to the next level, Thomas said.

WineMap.org has the potential to revolutionize the $3 billion annual winegrape market, he said. It allows growers to show their vineyard locations online and offer their grapes for sale.

Growers will pay WineMap $1,200 per year, less than half of what it would cost to sell through a broker, Thomas said.

So far, about 1,500 growers are using the Web service, representing 3,000 vineyards in California and Oregon.

Comments

Display comments as (Linear | Threaded)

I WISH SOMETHING LIKE THIS HAPPENING TO GIS BUSINESS SEGMENTS?

#1 Krishan sharma (Link) on 2008-05-01 10:18 (Reply)

Add Comment

Name
Email
Homepage
In reply to	[ Top level ]#1: Krishan sharma on 2008-05-01 10:18
Comment	Enclosing asterisks marks text as bold (*word*), underscore are made via _word_. Standard emoticons like :-) and ;-) are converted to images. E-Mail addresses will not be displayed and will only be used for E-Mail notifications To prevent automated Bots from commentspamming, please enter the string you see in the image below in the appropriate input box. Your comment will only be submitted if the strings match. Please ensure that your browser supports and accepts cookies, or your comment cannot be verified correctly. Enter the string from the spam-prevention image above:
	Remember Information?   Subscribe to this entry