It is the latest example of how the web’s growing popularity has spurred a surge in companies selling online services, and it highlights the growing opportunities for investors and investors to make money by using the technology in ways not previously possible.
This week, a new startup called Green Web Hosting, based in New York, began selling web hosting services for $20 million to investors.
Its CEO, Chris Pappas, said he expects the company to have a turnover of $3.5 billion by the end of the year.
Green Web Hosted the first site in the U.S. with an integrated Web server and Web application that could be used to run multiple websites simultaneously.
The company has since expanded into other industries, including financial services, education, and retail.
“The Internet has allowed a new generation of companies to develop the infrastructure that enables them to scale their business, which has allowed them to grow exponentially and become the dominant player in the Internet ecosystem,” Pappamas said.
In 2014, Green Web hosted over 1.5 million websites, and this year the company has plans to expand to 10 million sites.
Investors in Green Web said they were impressed with the company’s business model.
They included Andreessen Horowitz, the venture capital firm that led the successful Series A round for Airbnb, and Sequoia Capital, a venture capital group.
Pappas said he had been working on the project for about two years and was motivated by the “tremendous opportunity” to make the company profitable.
I’ve seen the Internet as an opportunity for investors to invest in companies and to invest into startups, Pappams said.
“If I’m going to make this company a success, it’s going to be in this area.”
The business model for Green Web hosting is simple.
The company sells its services in multiple parts: web servers, web applications, and a cloud-based service that connects customers with other websites.
Unlike other online services that sell their services to end users, Green is a web hosting service that gives customers a choice.
Customers can buy an “e-commerce” option that gives them access to their own hosting and services.
For example, a customer can buy a “home delivery” service, where they get a delivery truck and deliver the products that they want to a specific customer’s home.
Some of the sites that the company sells are more than 10 years old, Papps said.
He declined to name them, citing company policy.
Other companies selling hosting services are going after customers who are in the middle of buying a home, Pappa said.
“I think it’s pretty common for a company that’s selling a home delivery service, and you’re getting all these great customers that you’re just trying to get rid of,” Pappa told Bloomberg Television.
Pappa said the site is not the only one offering this type of services.
“This is a service that’s actually available in other industries,” Pappy said.
In January, a group of technology companies including Facebook, Google, and Uber launched a service called CouchSurfing that allowed users to host their own virtual homes.
Pappams and Pappus said they believe that more companies will be able to scale this business model in the future.
Companies like Green Web host can scale their operations to serve a growing number of customers, Poppas said, and that’s a great thing for them because the company can sell services to a broader audience.
We have a lot of growth potential, and I think we’re really excited about the opportunity, he said.