Investment Opportunity
For over three years, OTAir has had the good fortune of being primarily funded by the founders and through revenue growth. Some minor outside assistance from bank and alternative credit line sources has also been utilized.
Yet, sustained top-line revenue, a solid client and partner base, exploding market opportunities, creative product enhancement needs, and a necessity for substantial land grab within the mobile marketing and applications arena in 2009, have resulted in an "alignment of the stars" where the time is right for OTAir to invite the participation of significant outside capital investment. Organic growth is no longer sufficient to accomplish what we want to and can achieve over the course of the next year or two. The window for participation by angel investors and venture capital firms is very brief...we are looking to close this funding round by end of first quarter 2009.
If you represent a VC firm with the acumen for 3-5 year patient investment in small, rapidly growing emerging tech and/or marketing related companies led, not by kids fresh out of college, but by an executive team with over 70 combined years of various small business and corporate experiences, and you have in interest in being an active partner helping us to make the best of the right opportunities and minimize failures and weaknesses that are bound to surface at times, then our respective firms may be a great fit for each other. Interest in helping OTAir with the intermediate and long term acquisition of other mobile marketing firms or those in related technologies/services is a big plus.
We would like to hear from genuinely interested angel and VC investors, as soon as possible, as we are already evaluating the best funding sources for OTAir. Please give us a call or, preferably, send us an introductory email to board@otair.com describing your firm and a brief paragraph on what is attractive about OTAir and/or the mobile space to your firm. Please allow us a couple of business days to respond to your contact initiation. Firms that insist on or have a requirement for a majority position and/or immediate management change need not contact us, as we are here for the long term and prefer to have our own hides primarily on the line during the ups and downs of business.
We look forward to learning more about your firm and sharing with you the exciting, successful, purposeful and assertive story that is OTAir...our mission, our vision, our team, our partners, our clients and our future!
Thank you for your attention and interest. We hope to be working together towards numerous successes real soon.
Jim Washok CEO