Timeshare Resale Leader Sell My Timeshare NOW Expanding with Edison Venture Fund
Friday, December 19, 2008
As reported in yesterday’s The Timeshare Authority, Sell My Timeshare NOW has received an injection of capital through Edison Venture Fund.
There is no doubt about it; despite a downturn economy, our timeshare resale and timeshare rental advertising and marketing company is experiencing dramatic growth. In the past year, we’ve seen a 90 percent increase in the number of offers to rent or buy timeshare advertised on our website and a 74 percent increase in the dollar amount of those offers. In 2008, more than 23 million people have visited the www.sellmytimesharenow.com and offers to buy or rent timeshare now total over $1 million daily.
Our services are needed and valued by the consumer market, whether the economy is up or down. But at Sell My Timeshare NOW, we also recognized how important our services are to timeshare developers. We are a bridge between developers and the resale market, and we are expanding those services to that market. At Sell My Timeshare NOW, we see part of our future as becoming the business-2-business solution to the resale problems timeshare developers currently face. We are developer-friendly and forward-looking in providing solutions to timeshare resale problems.
More About Sell My Timeshare NOW Partnering with Edison Venture Fund
Edison Venture Fund, founded in 1986, has a successful history of partnering with many different types of business to help build successful companies. They provide both capital and value-added services to expansion stage information technology businesses. In other cases, Edison funds management buyouts, recapitalizations, spinouts, and secondary stock purchases.
Some of Edison’s success stories include Dendrite, Best Software, Gain Capital, E-Transport, Liberty Tax, Vocus, VirtualEdge, and Visual Networks, as well as numerous other information technology leaders, which collectively have a market value exceeding $5 billion.
Edison Venture Fund has offices in Lawrenceville, NJ; McLean, VA; New York, NY; Needham, MA; and West Chester, PA.
View the Sell My Timeshare NOW press release here.
