$5000 and 2 years later a website worth over 10 million! (great success story inside)

[Lambo]

this is priceless..... found it from mashable.com


We’ve seen a host of deals recently in the Twitter app space, but here’s one that we now know didn’t happen: TwitPic selling out for north of $10 million.

Although he doesn’t say who the prospective buyer was, TwitPic (Twitpic) creator Noah Everett has revealed in an interview with Andrew Warner of Mixergy that he turned down an offer of “much higher than $10 million” at some point last year.

Beyond that, Everett says that Twitter (Twitter)’s most popular photo sharing site brought in $1.5 million of revenue during 2009, 70 percent of which went to the bottom line. Not bad for what started as one man’s side project without outside funding.

Check out the full interview below for some more details about one of Twitter’s biggest success stories to-date:

FOLLOW THE LINK BELOW TO WATCH HIS INTERVIEW

TwitPic Worth More Than $10 Million?

source:mashable.com

[bizdev]

These kinds of one in a million stories are fun to hear about but they also drive others to shoot for the moon and loose sight of the fact that you can create a successful online business even if it's not a Facebook or Twitter. If you haven't seen this video yet take the time to view. A real eye opener:
David Heinemeier Hansson at Startup School 08 | Omnisio

[Lambo]

great video!