Today news
About the same in other media
LadBible founder worth £200m as shares rise after flotation
Reading now: 586
theguardian.comThe 30-year-old founder of LadBible, the company born out of a sexist Facebook page that became one of the one of the biggest global publishers on social media, is worth £200m after his business floated on the stock market.
Alexander “Solly” Solomou, who created the Manchester-based media company while studying business management at the University of Leeds, has cashed in shares worth £50m and retains a stake worth about £150m in the listed LadBible Group.
Solomou used his life savings to buy the original LadBible Facebook page in 2012, and quickly learned how to game the site’s algorithms and make content go viral as social media use exploded. In the process he grew the business from a small outlet that recycled blokeish banter-heavy memes
Read more on theguardian.comAbout this in other media
JPMorgan brokerage unit fined $200m after failure to monitor WhatsApp, other messaging apps fnlondon.com /2 years ago
FOMO will drive crypto adoption in 2022, says BlockFi co-founder cointelegraph.com /2 years ago
'We saw mainstream adoption for NFT art kicking off in 2021,' says NFT.NYC co-founder Cameron Bale cointelegraph.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
