Catherine Cook is
really well known to the world of online social networking because she created MyYearBook.com,
highly respected website at the young age of 18yrs with her. Catherine has made
most of her money through advertising revenue from which the website is
supported and that turn her into a millionaire.
In 2005, Catherine Cook
and her brother David had an idea for a startup when they were complaining
about the choice of photographs in their annual school yearbook and they start
to think to make a digital version. Using her computer, she set up a social
networking site in her bedroom and she success. 25 million users across the
United States has sign up in six years and generated 1.2 billion monthly page
views. The company has just been valued at 20 million.
Myyearbook.com is one
of the top 25 most visited sites in the country which focused at mostly under
18 years old from the US which is aimed at mostly less than 18yrs from the US. The website is really interesting and if have
not been on the website, you better check it out.
MyYearBook
MeetMe was initially
created as myYearbook during Spring Break of 2005. The site was created
entirely by developers in India.
In 2008, myYearbook
partnered with casual game developer Arkadium to bring Flash based games to the
site. The games incorporate Lunch Money, the myYearbook virtual currency. Lunch
Money earned playing games are used elsewhere on the site.
In April 2009, the site
added the Meebo instant messaging client to the site in order to provide real
time chat.
In November 2009,
myYearbook launched Chatter, a real-time stream that incorporates media sharing
and gaming to help bring members together. Games you can play inside the stream
include Ask Me, Rate Me and 2 Truths and a Lie. These games incorporate
mechanics that help myYearbook members meet each other. By April 2010 the site
reported the Chatter feature surpassed 1 million posts per day.
In January 2010,
myYearbook rolled out a new site design aimed to appeal to an older
demographic. Of note is the "winning" site design was chosen through
crowd-sourcing its members.
In May 2010, myYearbook
launched an iPhone/iPod Touch and Android application designed to bring the
Chatter real time feed to mobile devices.
In July 2011,
myYearbook announced it had agreed to be acquired by Latino social networking
site Quepasa for $100 Million In Cash And Stock. The purchase was finalized on
November 11, 2011.
In December 2011, myYearbook
launched an iPad app in an attempt to reach the tablet market. On June 4, 2012,
myYearbook was renamed Meet Me. This change is due to the fact that
"Yearbook" means more about meeting friends from the past while
"Meet Me" will give the meaning of users making new friends, which is
what the website is intended for. The rebranding of the site proved to be
successful
JEALOUSY
Catherine was also the
victim of jealousy, similar to that felt by Zuckerberg. When the site became an
overnight success, there was a weird situation with a guy in her Spanish class.
They were friends but he suddenly
stopped speaking to her. It turned out his parents had given him a hard time,
compare him with Catherine.
She was even told that
she would never compete with MySpace which she now has a quarter of their
number of visitors and employs 100 people.
However, there are
still a lot of people that always with her. Catherine said that most of her friends
were really into the idea. They joined the site and make suggestions like you
should be able to give people high fives or suggested gold stars instead of
"likes".
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