Ashely Qualls is a regular girl. That is if you consider regular to be an internet mogul by the time you’re a junior in highschool.
Ashely is indeed living the good life. Her website, whateverlife, has earned her approx. 1 million dollars. It recieves nearly 7 million unique visitors per month, resulting in 60 million page views. Ashley is true to the entrepreneurial spirit, keeping control of her company despite offers of 1.5 million and the car of her choice.
So what does Ashely sell to make all this money? Nothing. The products are absolutely free. Page designs for myspace are yours for the picking, free of charge. The money she makes is predominantly from Google Adsense and Valueclick.
Now that she’s dropped out of highschool and bought her own house, Ashely is attempting to emancipate herself to gain control of her company’s finances. Courts ruled to let neither Ashley nor her parents control the money made from the company, she must appeal to gain funds outside her set budget. She only has until next summer before she turns 18, so either way she will be faced with economic freedom most of us can only dream about very shortly.
It’s a testament to the oppurtunity of the internet, regarless of location, size, age, or experience.
For those of you who are curious of what the site looks like, here it is.
Technorati Tags: money, myspace, internet, google, adsense, google adsense, whateverlife, entrepreneurial, business, valueclick
May 6th, 2008
“Verizon Communications Monday reported first-quarter adjusted earnings of $1.74 billion, or 61 cents a share, in line with the mean estimate of analysts polled by Thomson Reuters.
In the same period a year earlier, the company earned $1.63 billion, or 56 cents a share, including discontinued operations.
Revenue totaled $23.83 billion in the latest three months, up 5.5% from $22.58 billion in the same period a year earlier, and below Wall Street’s consensus estimate of $23.86 billion.
The Dow component’s wireless division said it had 1.5 million net customer additions in the quarter, bringing total customers to 67.2 million. Revenue from the company’s wireless division totaled $11.7 billion, up 13.2% year-over-year. Total churn for the business was 1.19%.”
Read the rest of the article here.
Technorati Tags: verizon, wireless, mobile, business, wall street, dow, news
April 28th, 2008
We officially announced that we raised another $20 million worth of funding earlier today.
“Obopay, Inc., the pioneering service provider for payments via mobile phones, recently announced closing of its fourth round of venture funding, raising $20 million, and the addition of two new board members. This latest round of investment builds on Obopay’s enormous momentum in its business and high-profile partnerships.
‘This round of investment builds on Obopay’s proven success in the mobile payments market,’ explained Carol Realini, CEO of Obopay. ‘With our continuing focus on delivering services built on specific feedback from consumers, such as the ability to send money from and receive money to any US bank account, the success of our partnerships and our international expansion, we remain confident in the viability of the American – and global — mobile payments market.’
Essar Communications Holdings Limited, the telecom subsidiary of Essar Global Limited, led the round and current investors, including Alliance Bernstein, ONSET Ventures, Redpoint Ventures, Richmond Management and Richmond Global Cellular, Citi, Societe Generale, Qualcomm, and Promethean participated. New investors included Essar Communications Holdings Limited and Olayan America Corporation, a global investment office of The Olayan Group.”
You can read the rest of the press release here.
Technorati Tags: obopay, money, business, news
April 24th, 2008
Apple said Wednesday that second-quarter profits rose over 36 percent to $1.05 billion, or $1.16 per diluted share, on sales of $7.51 billion for the three-month period ended March 29, 2008. The company shipped 2,289,000 Macs, 10,644,000 iPods, and 1,703,000 iPhones.
read more | digg story
April 24th, 2008
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