Bartertrust.com (Internet Barter Inc) was a global company, moving the traditional 1-on-1 bartering market ($16 Billion in US, $64 Billion worldwide in 1999) to a new level worldwide by introducing a virtual currency and facilitating the web for trades, which allowed a much greater number of business' to become beneficiaries. With a senior management team (which has been successful with previous start-ups), acquisitions within the US (essentially all locally operating barter companies) and globally (two companies in Canada, one in Australia), and huge investor interest, bartertrust.com was already the largest barter company in North America with a multi-million dollar revenue (after only 8 months since incorporation), and soon became the largest bartering company worldwide.