Blazetrak Leaves BETA Cash-Flow Positive, Boasting an $8 Million Dollar Valuation
NEW YORK, Jan. 31, 2011 /PRNewswire/ -- After a soft-launch on November 1, 2009 and gradual build, Blazetrak.com began revealing successful social-digital connection stories (via video) on a regular basis starting in January, 2011. It turns out that these successful Blazetrak matches were a pre-cursor to a much larger story as the co-founders announced on January 31st that the platform was at last out of BETA.
"We are still innovating and making the platform more robust, but the core value proposition is working well beyond our wildest dreams," said Blazetrak Co-Founder Corey Stanford.
Blazetrak.com launched under a very simple premise; a large market would be willing to pay to access highly sought after people if the connection and feedback was guaranteed, and highly sought after people would be willing to be paid to be accessed - if they were looking for talent or had a desire to connect and help educate the world about something. Blazetrak's website allows users to submit media (video, audio, images, or documents) directly to the professional of his or her choice and receive a direct video response from this pro within 30 days.
Blazetrak is a bootstrapped shop with three business partners working out of three different states and a small virtual office on Broadway in New York City. It is a definitive snapshot of modern business with overhead costs at less than $3000 a month and revenues growing every quarter. The company turned down several A-round investment offers after hitting profitability three months out from launch. Based on a $1 million dollar pre-launch valuation, the company is now estimated to be worth somewhere north of $8 million and growing.
Blazetrak launched with 30 highly sought after professionals, most of which were music celebrities, including Rich Harrison (Grammy Award winning producer of Beyonce's "Crazy in Love") and Big Boi (one half of the most successful Hip Hop duo of all time "Outkast"). Just over a year later the company boasts an incredibly diverse roster of over 400 professionals including Edyta Sliwinska (the top ballroom dancer in the world made famous by "Dancing With The Stars"), Tara Conner (Former Miss USA), Rodney Jerkins (producer for Lady Gaga, Britney Spears, Michael Jackson, Brandy, and just about every other superstar artist you can think of), and the list goes on with huge names in sports, fashion, film, TV, business, etc.
"No longer will the undiscovered talent of the world have to rely on a bit of luck, like Justin Bieber, to be discovered...if you have what it takes, we remove the luck and take you to the decision makers, guaranteed," said Blazetrak Co-Founder Nathaniel Casey.
A tech company at heart, it seems that the greatest attribute of Blazetrak.com so far is not so much technical in nature; it is the company's ability to create powerful relationships between people, people that would not ever have connected without the innovation of three virtually unknown co-founders with one simple idea.
About Blazetrak
Blazetrak.com provides direct access to the world's top professionals in the areas of Business, Fashion & Design, Music, Screen & Stage, and Sports & Fitness. The company has done extremely well since its launch in November of 2009 with over 400 professionals now using the platform and dozens of successful connections made.
Co-Founders: Corey J. Stanford, Nathaniel J. Casey, and Ronald A. Harrison
Current Valuation: $8+ Million
Launched: November 1, 2009
Website: http://www.blazetrak.com
Blog: http://www.blazetrak.com/blog
YouTube: http://www.youtube.com/Blazetrak
Twitter: http://www.twitter.com/Blazetrak
Facebook: http://www.facebook.com/Blazetrak
Successful Connections: http://bit.ly/BtSuccessfulConnections
For press inquiries: |
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AMP3 Public Relations |
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Alyson Campbell |
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Tel: 646.827.9594 |
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E-mail: [email protected] |
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Web: www.AMP3pr.com |
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SOURCE Blazetrak
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