Young founder of online networking site is off to a fast start

January 17, 2008 at 6:35 am Leave a comment

Two years in the planning and launched last April, the website grossed an estimated $1 million in less than nine months last year. The revenue was generated by an advertiser list that has grown to 40 clients, including the hefty likes of Pitney Bowes, Hewlett-Packard, United Parcel Service, Citrix and VistaPrint.

Here’s the kicker: Nielsen, a 2003 graduate in entrepreneurial studies of the University of Minnesota’s Carlson School of Management, was a sophomore when he started the first company. And now, with a business model that has attracted 10,000 members and 90,000 visitors a month, the gent is just 25


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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