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	<title>Million Dollar Startup Game &#187; $1M Virtual Investments</title>
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	<link>http://www.milliondollarstartupgame.com</link>
	<description>A VIRTUAL Million dollars invested in the Hottest New Companies</description>
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		<title>Zumbox: A $1M Virtual Investment</title>
		<link>http://www.milliondollarstartupgame.com/zumbox-a-1m-virtual-investment/</link>
		<comments>http://www.milliondollarstartupgame.com/zumbox-a-1m-virtual-investment/#comments</comments>
		<pubDate>Fri, 13 Mar 2009 19:33:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[$1M Virtual Investments]]></category>
		<category><![CDATA[Startups]]></category>
		<category><![CDATA[Web based]]></category>
		<category><![CDATA[$1M Virtual Investment]]></category>
		<category><![CDATA[Million Dollar Startup Game]]></category>
		<category><![CDATA[one to watch]]></category>

		<guid isPermaLink="false">http://www.milliondollarstartupgame.com/?p=81</guid>
		<description><![CDATA[<a href="http://www.milliondollarstartupgame.com/zumbox-a-1m-virtual-investment/"><img align="left" hspace="5" width="150" src="http://www.milliondollarstartupgame.com/wp-content/uploads/2009/03/zumbox-150x150.jpg" class="alignleft wp-post-image tfe" alt="Zumbox: The Alternative Postal System" title="zumbox hompage" /></a>Wouldn’t it be great if you could send a letter to someone and not have to kill a tree, print the darn letter, sign it, get that yucky stamp and envelope glue on your tongue and you could do it all for less than 10 cents? This is probably the point in the article where [...]


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<li><a href='http://www.milliondollarstartupgame.com/3luxe-a-500k-virtual-investment/' rel='bookmark' title='Permanent Link: 3Luxe: A $500K Virtual Investment'>3Luxe: A $500K Virtual Investment</a></li>
<li><a href='http://www.milliondollarstartupgame.com/geni-a-500k-virtual-investment/' rel='bookmark' title='Permanent Link: Geni: A $500K Virtual Investment'>Geni: A $500K Virtual Investment</a></li>
<li><a href='http://www.milliondollarstartupgame.com/iletyou-a-1m-virtual-investment-the-first/' rel='bookmark' title='Permanent Link: ILetYou: A $1M Virtual Investment (The First!)'>ILetYou: A $1M Virtual Investment (The First!)</a></li>
<li><a href='http://www.milliondollarstartupgame.com/bringsome-a-200k-virtual-investment/' rel='bookmark' title='Permanent Link: Bringsome: A $200K Virtual Investment'>Bringsome: A $200K Virtual Investment</a></li>
</ol>]]></description>
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<div id="attachment_82" class="wp-caption alignleft" style="width: 160px"><img class="size-thumbnail wp-image-82" title="zumbox hompage" src="http://www.milliondollarstartupgame.com/wp-content/uploads/2009/03/zumbox-150x150.jpg" alt="Zumbox: The Alternative Postal System" width="150" height="150" /><p class="wp-caption-text">Zumbox: The Alternative Postal System</p></div>
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<div class="mceTemp">
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><span style="font-size: small; font-family: Calibri;">Wouldn’t it be great if you could send a letter to someone and not have to kill a tree, print the darn letter, sign it, get that yucky stamp and envelope glue on your tongue and you could do it all for less than 10 cents?</span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><span style="font-size: small; font-family: Calibri;">This is probably the point in the article where you scratch your head and say to yourself “well don’t I sort of do that with an email?”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><span style="font-size: small; font-family: Calibri;">Well…yeah, you do but with an email you can only send it to someone if you have their email address.<span style="mso-spacerun: yes;">  </span>If we’re smart most of us try to limit those people who have our email address or forever lose it to the spam demons –<span style="mso-spacerun: yes;">  </span>Zumbox allows you to ‘virtually’ send someone a letter such as a word document or a pdf to their home or business address. The person at that address can then ‘read’ the letter by going to the Zumbox site and using a pin and their address, collecting their mail.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><strong style="mso-bidi-font-weight: normal;"><em style="mso-bidi-font-style: normal;"><span style="font-size: small;"><span style="font-family: Calibri;">Business Model:</span></span></em></strong></p>
<p class="MsoListParagraph" style="margin: 0in 0in 10pt 0.25in; text-indent: -0.25in; mso-list: l1 level1 lfo2; mso-add-space: auto;"><span style="mso-fareast-font-family: Calibri; mso-ascii-font-family: Calibri; mso-hansi-font-family: Calibri; mso-bidi-font-family: Calibri;"><span style="mso-list: Ignore;"><span style="font-size: small; font-family: Calibri;">•</span><span style="font: 7pt &quot;Times New Roman&quot;;">        </span></span></span><span style="font-size: small; font-family: Calibri;">Nice and simple – people ‘mailing’ a letter to an address are charge 5 cents and can upload it at Zumbox </span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><strong style="mso-bidi-font-weight: normal;"><em style="mso-bidi-font-style: normal;"><span style="font-size: small;"><span style="font-family: Calibri;">Some Core Functionality/Elements:</span></span></em></strong></p>
<p class="MsoListParagraphCxSpFirst" style="margin: 0in 0in 0pt 0.25in; text-indent: -0.25in; mso-list: l1 level1 lfo2; mso-add-space: auto;"><span style="mso-fareast-font-family: Calibri; mso-ascii-font-family: Calibri; mso-hansi-font-family: Calibri; mso-bidi-font-family: Calibri;"><span style="mso-list: Ignore;"><span style="font-size: small; font-family: Calibri;">•</span><span style="font: 7pt &quot;Times New Roman&quot;;">        </span></span></span><span style="font-size: small; font-family: Calibri;">Supposedly all physical address – homes and businesses have an electronic Zumbox for them on the site</span></p>
<p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0pt 0.25in; text-indent: -0.25in; mso-list: l1 level1 lfo2; mso-add-space: auto;"><span style="mso-fareast-font-family: Calibri; mso-ascii-font-family: Calibri; mso-hansi-font-family: Calibri; mso-bidi-font-family: Calibri;"><span style="mso-list: Ignore;"><span style="font-size: small; font-family: Calibri;">•</span><span style="font: 7pt &quot;Times New Roman&quot;;">        </span></span></span><span style="font-size: small; font-family: Calibri;">Collect your mail at Zumbox after receiving a ‘pin’ at your home or business address. The irony is Zumbox need to send you a physical pin by the good ‘ol mail system before you can access your virtual ‘address<span style="mso-spacerun: yes;">  </span>letter’ box</span></p>
<p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0pt 0.25in; text-indent: -0.25in; mso-list: l1 level1 lfo2; mso-add-space: auto;"><span style="mso-fareast-font-family: Calibri; mso-ascii-font-family: Calibri; mso-hansi-font-family: Calibri; mso-bidi-font-family: Calibri;"><span style="mso-list: Ignore;"><span style="font-size: small; font-family: Calibri;">•</span><span style="font: 7pt &quot;Times New Roman&quot;;">        </span></span></span><span style="font-size: small; font-family: Calibri;">Multiple formats supported: </span></p>
<p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0pt 1in; text-indent: -0.25in; mso-list: l0 level2 lfo1; mso-add-space: auto;"><span style="font-family: &quot;Courier New&quot;; mso-fareast-font-family: 'Courier New';"><span style="mso-list: Ignore;"><span style="font-size: small;">o</span><span style="font: 7pt &quot;Times New Roman&quot;;">   </span></span></span><span style="font-size: small; font-family: Calibri;">Documents: PDF, Word </span></p>
<p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0pt 1in; text-indent: -0.25in; mso-list: l0 level2 lfo1; mso-add-space: auto;"><span style="font-family: &quot;Courier New&quot;; mso-fareast-font-family: 'Courier New';"><span style="mso-list: Ignore;"><span style="font-size: small;">o</span><span style="font: 7pt &quot;Times New Roman&quot;;">   </span></span></span><span style="font-size: small; font-family: Calibri;">Publishing: Illustrator, InDesign, QuarkXPress </span></p>
<p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0pt 1in; text-indent: -0.25in; mso-list: l0 level2 lfo1; mso-add-space: auto;"><span style="font-family: &quot;Courier New&quot;; mso-fareast-font-family: 'Courier New';"><span style="mso-list: Ignore;"><span style="font-size: small;">o</span><span style="font: 7pt &quot;Times New Roman&quot;;">   </span></span></span><span style="font-size: small; font-family: Calibri;">Graphics: Photoshop, GIF, JPG, TIFF, etc </span></p>
<p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0pt 1in; text-indent: -0.25in; mso-list: l0 level2 lfo1; mso-add-space: auto;"><span style="font-family: &quot;Courier New&quot;; mso-fareast-font-family: 'Courier New';"><span style="mso-list: Ignore;"><span style="font-size: small;">o</span><span style="font: 7pt &quot;Times New Roman&quot;;">   </span></span></span><span style="font-size: small; font-family: Calibri;">Print stream: PostScript and others </span></p>
<p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0pt 1in; text-indent: -0.25in; mso-list: l0 level2 lfo1; mso-add-space: auto;"><span style="font-family: &quot;Courier New&quot;; mso-fareast-font-family: 'Courier New';"><span style="mso-list: Ignore;"><span style="font-size: small;">o</span><span style="font: 7pt &quot;Times New Roman&quot;;">   </span></span></span><span style="font-size: small; font-family: Calibri;">HTML, Flash, video, audio and other media</span></p>
<p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0pt 0.25in; text-indent: -0.25in; mso-list: l0 level1 lfo1; mso-add-space: auto;"><span style="font-family: Symbol; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol;"><span style="mso-list: Ignore;"><span style="font-size: small;">·</span><span style="font: 7pt &quot;Times New Roman&quot;;">         </span></span></span><span style="font-size: small; font-family: Calibri;">For businesses via:</span></p>
<p class="MsoListParagraphCxSpMiddle" style="margin: 0in 0in 0pt 1in; text-indent: -0.25in; mso-list: l0 level2 lfo1; mso-add-space: auto;"><span style="font-family: &quot;Courier New&quot;; mso-fareast-font-family: 'Courier New';"><span style="mso-list: Ignore;"><span style="font-size: small;">o</span><span style="font: 7pt &quot;Times New Roman&quot;;">   </span></span></span><span style="mso-ascii-font-family: Calibri; mso-hansi-font-family: Calibri; mso-bidi-font-family: Calibri;"><span style="font-size: small; font-family: Calibri;">Databases: Raw data from AP / AR / CRM / ERP</span></span></p>
<p class="MsoListParagraphCxSpLast" style="margin: 0in 0in 10pt 1in; text-indent: -0.25in; mso-list: l0 level2 lfo1; mso-add-space: auto;"><span style="font-family: &quot;Courier New&quot;; mso-fareast-font-family: 'Courier New';"><span style="mso-list: Ignore;"><span style="font-size: small;">o</span><span style="font: 7pt &quot;Times New Roman&quot;;">   </span></span></span><span style="mso-ascii-font-family: Calibri; mso-hansi-font-family: Calibri; mso-bidi-font-family: Calibri;"><span style="font-size: small; font-family: Calibri;">Accounting software: Quicken / Peachtree etc</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><strong style="mso-bidi-font-weight: normal;"><em style="mso-bidi-font-style: normal;"><span style="font-size: small;"><span style="font-family: Calibri;">Likes:</span></span></em></strong></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><span style="font-size: small; font-family: Calibri;">Like, Like, Like.<span style="mso-spacerun: yes;">  </span>This site is well built, thoughtful, intuitive and the business concept makes head shaking sense.<span style="mso-spacerun: yes;">  </span>Imagine if businesses got behind this concept and encouraged all of their users to get behind this…just imagine… </span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><span style="font-size: small; font-family: Calibri;">“Hey dear customer – rather than sending your Comcast bill to your mail box – we’ll send it to you via Zumbox – just go to their site, type in your address etc…”</span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><span style="font-size: small; font-family: Calibri;">Makes sense right?<span style="mso-spacerun: yes;">  </span>Less trees, less envelopes, less stamps etc.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><span style="font-size: small; font-family: Calibri;">I could never get another piece of mail in my mailbox again – just those pesky coupon books so I’d never open it ever again. Joy!</span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><span style="font-size: small; font-family: Calibri;">Another key like is I have already, whenever possible, moved to digital billing – banks, utilities, you name it – all paperless so in a sense I don’t really need Zumbox right? Wrong.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><span style="font-size: small; font-family: Calibri;">Right now – I have to go to the Comcast site to download or at least review my paperless bill. Then I need to go to PG&amp;E to do the same thing…you know where I’m going right? With Zumbox I could have these all ‘sent’ to me so I don’t waste time going to umpteenth different websites. Not saving any more trees but it certainly makes me a happier customer. </span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><strong style="mso-bidi-font-weight: normal;"><em style="mso-bidi-font-style: normal;"><span style="font-size: small;"><span style="font-family: Calibri;">Dislikes/Suggestions:</span></span></em></strong></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt 0.25in; text-indent: -0.25in;"><span style="font-size: small; font-family: Calibri;">•<span style="mso-tab-count: 1;">     </span>Every address in the US supposedly has a Zumbox.<span style="mso-spacerun: yes;">  </span>How do I know if I’ve been sent mail via Zumbox if I don’t have a Zumbox account? Zumbox doesn’t have my email address so they can’t let me know unless they send me a conventional envelope. If I got a Zumbox letter at home saying “You have mail at Zumbox.com” I’d probably think it was a spam and would be unlikely to sign up…you Zumbox guys need to figure that out…I think business support from utilities, banks etc are the key!</span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt 0.25in; text-indent: -0.25in;"><span style="font-size: small; font-family: Calibri;">•<span style="mso-tab-count: 1;">     </span>As a business this system makes most sense to me if I have most of my customers using Zumbox. I’m going to need to encourage them to use the system – I’ll need an opt in customer mailing list and I’ll need to send those non-subscribers their regular mailing. In a sense this is not different from what already happens but it still adds some complexity. Is the lower cost worth it? Businesses will need to compare Zumbox costs to their own cost structures</span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><strong style="mso-bidi-font-weight: normal;"><em style="mso-bidi-font-style: normal;"><span style="font-size: small;"><span style="font-family: Calibri;">My <span style="text-decoration: underline;">Virtual</span> Investment: </span></span></em></strong></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><span style="font-size: small; font-family: Calibri;">With my virtual $1M, I would zum to invest a virtual $1M. Think about it!<span style="mso-spacerun: yes;">  </span>If you could have been an early investor in FedEx – an earlier ‘alternative’ to USPS then you’d be sitting on a beach with your cocktail of choice.<span style="mso-spacerun: yes;">  </span>This is a big play and if they can crack the usual ‘chicken and egg’ then Zumbox offers a huge opportunity for customers, investors and trees alike.</span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><span style="font-size: small;"><span style="font-family: Calibri;"><span style="mso-spacerun: yes;"> </span>Good luck Guys!</span></span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><a href="http://beta.zumbox.com/"><span style="font-size: small; color: #800080; font-family: Calibri;">http://beta.zumbox.com/</span></a></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><span style="font-size: small; font-family: Calibri;">Interested in other articles about Zumbox?</span></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small;"><span style="font-family: Calibri;">•<span style="mso-tab-count: 1;">             </span></span></span><a href="http://www.techcrunch.com/2008/12/23/zumbox-delivers-paperless-mail-in-beta"><span style="font-size: small; font-family: Calibri;">http://www.techcrunch.com/2008/12/23/zumbox-delivers-paperless-mail-in-beta</span></a></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small;"><span style="font-family: Calibri;">•<span style="mso-tab-count: 1;">             </span></span></span><a href="http://news.cnet.com/8301-17939_109-10163247-2.html"><span style="font-size: small; color: #800080; font-family: Calibri;">http://news.cnet.com/8301-17939_109-10163247-2.html</span></a></p>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-size: small;"><span style="font-family: Calibri;">•<span style="mso-tab-count: 1;">             </span></span></span><a href="http://twitter.com/Zumbox"><span style="font-size: small; color: #800080; font-family: Calibri;">http://twitter.com/Zumbox</span></a></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><span style="font-size: small; font-family: Calibri;"> </span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><span style="font-size: small; font-family: Calibri;">Zumbox is certainly one to watch!</span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><span style="font-size: small; font-family: Calibri;">Andrew</span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"><span style="font-size: small; font-family: Calibri;"><a href="http://www.Andrewive.com">http://www.Andrewive.com</a></span></p>
<p class="MsoNormal" style="margin: 0in 0in 10pt;"> </p>
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