3/13/2012

Man who started website in his bedroom in Scotland set to make $200MILLION

A blogger who started one of the world's biggest social media websites from his Scottish bedroom because it was 'something to do without getting out of bed' is set to become a multimillionaire amid the likely sale of the site to U.S. news giant CNN for $200million.
Pete Cashmore, now 26, created Mashable.com from his room in Banchory, Aberdeenshire, in 2005 when he was just 19 in a bid to escape the boredom of his studies.
Seven years on, the technology news site now has its head office in New York and Cashmore, who was once dubbed the 'planet's sexiest geek', is set to live up to his name by becoming one of the world's wealthiest men.
Now employing more than 40 people, Mashable covers and aggregates a wide range of news related to the fast-evolving social media and Internet sector covering companies ranging from start-ups to larger players including Facebook and Twitter and has 50 million page views a month.

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