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Without a doubt about 20-something ‘myYearbook’ owners offer web site for $100M

Without a doubt about 20-something ‘myYearbook’ owners offer web site for $100M

SOMERSET COUNTY — Six years back, when Catherine and Dave Cook were still students at Montgomery twelfth grade in Somerset County, they created a basic idea for exactly just exactly how their classmates could fulfill each other on line.

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This week, that concept paid down whenever a Florida media that are social, Quepasa, decided to obtain their web site, myYearbook , for $100 million.

“It feels as though a fantasy,” Catherine Cook, 21, stated via email evening from Costa Rica, where she is attending a family wedding thursday. “It is extremely exciting.”

If the siblings first brainstormed their concept, their older sibling, Geoff, now 33, respected these people were on to one thing. a dotcom that is successful in their very very own right, Geoff Cook had currently sold two startups romancetale he created in their Harvard University dorm for ten dollars million, and instantly published their bro and sibling a check for $250,000.

2 months later on, myYearbook launched.

Today, your website has significantly more than 32.7 million users global. It ranks once the top internet site in the monitoring business comScore’s “Teens” category with additional visits and pageviews than just about other web web site into the category, in accordance with a news launch. MyYearbook has significantly more than 100 workers at its workplaces in nyc and brand brand New Hope, Pa.

For Catherine, whom graduated in might from Georgetown University, the merger will not alter her day-to-day routine.

“I’m working hard at picking out intriguing and enjoyable features for the users,” she said. “I’ll be at the office every single day focusing on a complete pipeline of the latest features we’ve coming out.”

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romance tale review

What you should do if scammed online dating sites

What you should do if scammed online dating sites

The FBI is advising customers to keep clear when making use of online dating services following the agency saw a 70 per cent increase that is annual reported love frauds. Cybercriminals are reportedly utilizing online dating services to fool victims into delivering cash, supplying individual and information that is financial or also unknowingly acting as a money mule by relaying stolen funds. Discover these guidelines for maintaining yourself—and your economic accounts—better safeguarded when meeting people online.

$143 Million Lost to Romance Scams in 2018

The Federal Trade Commission (FTC) claims it logged a lot more than 21,000 reports of love frauds in 2018 with losings totaling $143 million—more than just about other customer fraudulence kind identified.