A little more about the Friendster/Eurekster partnership that Chris wrote about for SearchDay on Thursday.
From an article on Stuff, a New Zealand news site:
Eurekster president Grant Ryan says the contract will bring in "at least mid-six figure" revenues per year and is the biggest deal the company has secured so far.
Thanks to the deal, Mr Ryan expects Eurekster to be cash-flow positive in a few months.
The company was founded in December and has 12 staff. Though headquartered in San Francisco, it is majority-owned by Kiwi firms SLI Systems and RealContacts, both based in Christchurch. US TV network NBC has a 7 per cent stake.
This Year's Premier Digital Marketing Event is #CZLSF
ClickZ Live San Francisco (Aug 11-14) will bring together the industry's leading online marketing practitioners to deliver 4 days of educational sessions and training workshops. From Data-Driven Marketing to Social, Mobile, Display, Search and Email, the comprehensive agenda will help you maximize your marketing efforts and ROI. Register today!