Just doing some numbers...
February 24, 2010
http://www.perthnow.com.au/business/wa-company-news/internet-images-sell-australia/story-e6frg2s3-1225833907554
** NearMap managing director Graham Griffiths said the company had constructed a licencing model so it can be replicated in other countries.
**He said this global expansion - which will start once its Australian operations are profitable -
**NearMap is offering each government agency an annual per city subscription to use the Photomaps for $25,000 for local government agenices or $100,000 for federal or state agencies.
We need 40 @ $25,000 just to get 1 million dollars.
We need 10 @ $100,000 to get 1 million dollars.
Then we got staff to pay, Aeroplanes to fly, and the list goes on...
:(
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