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Chatroulette Founder Andrey Ternovskiy Goes for VC Money to the US

Files under: News
Posted by: Quintura @ 16:05 [5. 03. 10]

17 years-old Moscow student Andrey Ternovskiy, founder of  Chatroulette, one-on-one online video chat that connects random users, has received an offer from Russia’s leading Internet investor, Digital Sky Technology (DST) to buy a stake in his venture, according to Spiegel Online. Andrey did not accept an offer straight away, the story said.

Instead, the creator of one-man-venture Chatroulette is going to visit the U.S. to talk to venture capital investors. He received few hundred emails from venture capitalists as well as from Skype and Google. No wonder, Chatroulette daily usage skyrocketed to 1.5 million users, of which one-third comes from the U.S., by spreading entirely by word of mouse. The daily usage was only 500 users last November.

In February, Fred Wilson of Union Square Ventures was going to reach out to Andrey and offer him a visit to NYC. It looks like he (or someone else) did. Spiegel Online, which called it “The Russian-American battle over Chatroullete” reported that Chatroulette could be valued between $13.5 million and $40.5 million.

After Facebook and Twitter, the Internet world is looking for the next big thing. Will Chatroullete be it?

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