Recent grad sells company for $100 million
Last month, 2011 recent grad Catherine Cook (MSB ’11) sold myYearbook.com, a social networking site she founded with her brother David, to Latin American counterpart Quepasa for $100 million, according to the Washington Post.
Cook told the Post that she and her brother started the site after moving to a new high school made it difficult to find friends. The site uses games, video chats, and other features to link users with potential acquaintances.
What began in 2005 as a local high school network of 400 subscribers today boasts over 32.7 million users in North America alone. Cook credits her interest in web entrepreneurship to the success of her brother Geoff, 33, in starting and selling two successful internet businesses.
“Watching Geoff build his two companies made Dave and I want to be entrepreneurs,” Cook said. “When we would compare it to our parents’ bring your child to work day, it was just so much cooler.”
Cook joins a long line of Georgetown-affiliated entrepreneurs, from Nicolas Jammet (MSB ’07), Nathaniel Ru (MSB ’07), and Jonathan Neman (MSB ’07), founders of Sweetgreen, to the founders of LivingSocial and Blackboard.
h/t Washington Post