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The Entrepreneur Factor

Category Archives: Internet

Working in his bedroom in Moscow, Andrey Ternovskiy created a controversial site which accumulated tens of millions of users in just three months. Chatroulette was geared to allow random video chats with strangers – an idea which is quite unusual to hear from a teenaged video game aficionado.

As Chatroulette became infamous, the seventeen-year-old founder  was hunted down by investors and media who all wanted a piece of his success. Ternovskiy suddenly had a situation at hand. How will he explain that Chatroulette was not a company, but just a boy in Russia? He was sure that meeting with professional businessmen would mean the end for him. He will probably be offered a substantial amount, but his involvement in his project would be terminated.

Ternovskiy did not want that. He compared Chatroulette to a book and him an author. No other author can finish what you have started writing.

He ignored the calls and e-mails at first, but finally summed up the courage to talk to them. He initially accepted invites for interviews and later flew to America to meet potential investors.  With the same tenacity, he decided to keep his company and move permanently to Palo Alto, California. To this day, the only money Ternovskiy received from others is from his father, who paid for his initial servers.

The company got very hot, very briefly because it gave users more freedom to communicate through the internet – even with people they don’t know. Others may have thought of a no-rules video chat site before, but Ternovskiy was the only one who was brave – or foolishly young – enough to pursue the idea. Although he has met criticism because of the risks that come along with Chatroulette, he still has full faith in what he’s doing.

The young tech entrepreneur wants to keep on working on Chatroulette for the next five years, but wishes to pursue other ventures in the long run.


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There is no getting around the fact that online shopping is popular nowadays. In fact, it is so popular that it has led to a large extent to the demise of the brick-and-mortar music store and the book store. Also, there is no getting around the fact that there are still many items that people prefer buying in person such as shoes for example; and that there are also a great number of people who prefer buying things from real locations rather than from virtual stores on the web. It is for these people and these types of items, that was created. was founded by Jack Abraham to make local shopping easy by combining the ease and convenience of shopping online with the tactile experience of walking the aisles of a local store to try out items before purchasing them. does this by searching local stores for the real time prices and availability of the items you are interested in. It serves the needs of the costumer by giving them the knowledge they need to shop wisely; and it also serves the needs of the stores by giving them an online platform to display their wares.

To  accomplish this mission, does real-time checks of more than 50,000 stores to confirm that items are in stock and how much they cost. earns revenue by claiming affiliate commissions whenever someone shops in a store that referred them to. Last year, this system earned the company more than $1 million.

To learn more about Jack Abraham and, visit,

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