Wayn.com Makes $750,000 A Month
November 26, 2006
After a slow start in 2002, WAYN took off after a relaunch in March last year. Pete Ward, 28, one of three friends who founded the firm, said the number of users had since grown from fewer than 50,000 to 7m, with 650,000 more registering last month.
Unlike MySpace, WAYN has been able to convert about 100,000 users into subscribers paying up to £7.50 a month — ensuring that it does not need to rely on advertising.
http://www.timesonline.co.uk/article/0,,2095-2471788,00.html
Entry Filed under: Internet Startup. .
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