Email Ad Network LaunchBit Raises $960K, Plans Move To Las Vegas

The Las Vegas Downtown startup thing looks really interesting. $960k in NV should go 2-3x as far as in Silicon Valley, as long as the founders want to go there. Tony Hsieh, Zappos, and founders having existing relationships with Silicon Valley help a lot, I think.<p>I don't think this would make sense for developer tools or anything where you needed very frequent in-person meetings with Bay Area companies, but for a consumer or small business product, potentially a good idea.

Is there a need for legit email newsletter advertising? Yes. Is it ever going to happen with a CPC model on a large scale? No.<p>It seems like LaunchBit is trying to do two things: 1) Launch a new affiliate network and 2) Advertise spammy products via email (one of their default advertisers is a teeth whitening product).<p>It just doesn't seem like either of those things have a very bright future.

I'm inclined to give this a shot. My business targets non-tech-savvy SMBs and marketing to them in a scalable way is tricky. Since it's CPC there's no risk, I'll report back in a week with some data

Who still uses e-mail newsletters?

Just what everyone wants - ads in email! I predict spam filters will start blocking must of their crap.