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In November 2006 Edo van Santen, a Dutch entrepeneur, had the (as I thought when I first heard about it) not very original idea to set up a kind of YouTube for business presentations.
In April 2007 his site www.TV4B.com went live. There is a Britisch flag on the left hand side of the screen. Clicking on it should take you to the English version of the website.
Early September 2007, so 5 months after the launch of the website, Edo sold the site to the company GET (operating the website eFreshportal.com and other portal sites).
Although the numbers have not been disclosed, forum messages from usually well-informed sources suggest that GET paid Edo EUR 4 million for TV4B.com. The cost to build and launch TV4B were estimated at EUR 150k. Nice result for 9 months of work?
I must mention that Edo van Santen used to work for a venture capital firm in the past, so, he probably started out with a quick exit in mind.
In April 2007 his site www.TV4B.com went live. There is a Britisch flag on the left hand side of the screen. Clicking on it should take you to the English version of the website.
Early September 2007, so 5 months after the launch of the website, Edo sold the site to the company GET (operating the website eFreshportal.com and other portal sites).
Although the numbers have not been disclosed, forum messages from usually well-informed sources suggest that GET paid Edo EUR 4 million for TV4B.com. The cost to build and launch TV4B were estimated at EUR 150k. Nice result for 9 months of work?
I must mention that Edo van Santen used to work for a venture capital firm in the past, so, he probably started out with a quick exit in mind.
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