Andover, Mass. – Helium, a publisher of user-generated
content, has raised $10 million in venture debt, according to a new filing by
the company with the Securities and Exchange Commission.
Through Helium’s
website, writers are paid for contributing articles and visitors can read the
articles for free.
User-generated content is rated up or down by other writers
in a "peer review" system.
High-rated articles receive more page views and earn
more money for writers.
Andover, Mass.-based Helium was founded in 2006,
initially in a format similar to Yahoo! Answers, originally called
HeliumKnowledge.com.
Related Links:
http://tinyurl.com/3stljou
