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Siblings sell startup for $100 million

MyYearbook co-founder Catherine Cook is a student at Georgetown University, according to her company's website.

MyYearbook co-founder Catherine Cook is a student at Georgetown University, according to her company's website.


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Two 15- and 16-year olds have sold a digital yearbook site they founded 6 years ago for $100 million, MSNBC reported.

In 2005, Catherine Cook and her brother David had an idea for a startup. The high schoolers flipped through a yearbook and wanted to make a digital version. They got to work and created MyYearbook.

Over the six-year span, the duo raised $17 million in financing and grew the site to 20 million users, generating 1.2 billion monthly page views.

A publicly traded Latino social network, Quepasa, Wednesday announced its $100 million acquisition of MyYearbook. The majority of the deal, $82 million, is Quepasa common stock. The other $18 million is cash. (點擊MSNBC網站查看原文)

少年創業獲1億并購

???????據美國MSNBC網站報道,兩名少年——一名15歲,一名16歲——在6年前成立了一個電子年鑒網站,如今以1億美元的價格將其出售。

???????2005年,凱瑟琳·庫克和她的哥哥大衛萌發了創業的主意。這兩名高中生瀏覽年鑒書的時候,突發奇想要把它做成電子版。他們把這主意付諸實踐,創辦了“我的年鑒”網站。

???????在六年時間里,兩人融資1700萬美元,網站的用戶數達2000萬人,每月網頁瀏覽量達12億。

???????上周三,拉美上市社交網站Quepasa以1億美元的價格收購了“我的年鑒”,其中8200萬美元是Quepasa普通股,1800萬美元是現金。

(China.org.cn July 26, 2011)

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