Wayn.com Makes $750,000 A Month

November 26, 2006 at 6:22 pm Leave a comment

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

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Entry filed under: Internet Startup.

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About Biz News

My Name is Bisi and this is my blog This blog features stories that I have read that I think are interesting . I usually bookmark the stories that I find interesting but they are getting too many . I have decided to catalog and share them on this site . I am not really promoting the site so you might have accidentally stumbled on it . Thanks for visiting .
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