Yesterday I rattled off a list of 12 things and all the people I am most thankful for, but I forgot two…
Because I was on a TV show popular with finance nerds where I talk about making fuck you money and because I publicly detail the millions of dollars I’ve made here, I get pitched A LOT by startups and their founders…but I turn most of them down…but not these two…
These are two private companies that I’ve invested my hard-earned cash into because they both have amazingly useful businesses to both consumers and businesses with highly revolutionary and profitable business models, something I know a little about 🙂
Scambook.com is a website where consumers can go if they’ve been scammed or ripped off and they can get their $ back. Simple but HUGELY useful business and websites like RipOffReport have been trying to do this for years, but not only are they corrupt, but they’re ineffective too.
In just a few months since launch, Scambook’s traffic has surged and is now receiving over 1,000 complaints/day and because of the way its setup, consumers get their $ back faaaaast, check out one satisfied customer’s email:
“I never heard of Scambook until just the other day, when I inadvertently came across it, at the most opportune time, and left my complaint with Scambook for having just been scammed. A few days later, I amazingly got refunded by what I viewed (and still view) as a scam company. Despite being lucky enough to get that refund, I am most grateful that Scambook exists for the sake of those who, without Scambook, haven’t a hope in the world of getting their money back. Scambook, I love you guys!!!!”
…and you can see the booming traffic as illustrated by Compete with over 200,000 unique vistors/month already (internal measuring say the figure is over 300,000):
Scambook was co-founded by Lin Miao and Andrew Bachman, two great guys I met HERE who know the internet business very well, having sold their previous startup for $60 million despite both being under the age of 30…see below Andrew’s great speech at The White House where Scambook was honored to be on the Empact 100 (I was also supposed to speak at this event, as my publishing company Millionaire Media was #8 on the Empact 100, but I got sick due to filming my upcoming TV show outside int he cold NYC weather aka my weak Jewish immune system prevented me from going…you can watch this video Bachman and I in a private jet on my way to my Vegas conference last month)
And check out this great video on the Scambook Youtube Channel exposing a corrupt dating website:
Exciting stuff and I’m proud to be a part of Scambook as I know Chairman Miao and Bachman are gonna help SOOOO many consumers get their $ back and make a hefty profit in the process aka just as I’ve learned over the past 4 years, it’s good business to help others.
And that last sentence PERFECTLY describes my other private company investment in Seva Call which was reported HERE by TechCrunch as my investment was part of a $1.3 million round which included such luminaries as Jay Virdy (CEO/co-founder of Summize, the company behind search.twitter.com) and Ed Mathias, Managing Director of multi-billion firm The Carlyle Group, which has done nearly $50 billion in private investments.
Seva Call is the first product from Seva Search and it basically helps consumer find the best and most cost effective local service provider like plumbers, electricians and such through its website http://www.sevacall.com which will soon go live for consumers. Businesses win because they get called by business leads an can choose who they want to work for and for how much and consumers win because Seva Call connects them the fastest to businesses that want them as customers; ie if you’re searching for an urgent snow plower in the midst of winter, instead of calling 10 companies and seeing who can come the fastest for the lowest price, use SevaCall.com to call all of them and you see which companies can do it fast and for how much.
Yes, this has the potential to replace or take a giant chunk out of Adsense, the one hit wonder on which Google Inc. (GOOG) relies.
As I noted, the Seva Call service isn’t live yet because they’re building one heck of a backend for tracking and business purposes, but if the business model, demo and all-star investors didn’t convince me, look at the hardworking guys behind Seva Call, I love it!
Here’s a good video overview of why businesses should use Seva Call, besides being hugely useful to consumers, Seva Call is even better for businesses as it helps businesses zero in on the best customers for them:
And you can’t help but love these Seva Call Youtube videos highlighting how some interns use Seva Call to make their lives easier, hahaha very original and eerily addictive:
The post The 2 Most Exciting Internet Companies I’ve Seen In Years: Scambook & Seva Call appeared first on Timothy Sykes.
