With the popularity of Facebook and Twitter, etc, social media is a rapidly expanding industry – and one where Judy Viitanen and PRimage do a lot of work and have interests in. It is also an area which offers great opportunities for angel investors. The decline in operational costs for running social media is an important factor for attracting angel investors, as the expenses for storage, processing power and web-based computing continue to lower. Significantly, social media allows start-ups to actively test new products and ideas with users throughout.
Many social media start-up businesses may eventually require a large capital input, like Facebook needed to reach its current size. But in the early stages of angel investment, most social media products just need a minor investment to get up and running. Our PRimage advice to social media entrepreneurs is to keep their business senses realistic and make sure their model is sound.
If you need good marketing messaging and PR for your social media work – or are interested in investing in entrepreneurial social media start-ups, please get in touch with Judy at PRimage – email@example.com