Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Chatroulette founder: 'If I sold...'

By Laurie Segall, CNN


NEW YORK (CNNMoney.com) -- After his latest appearance at TechCrunch's annual conference, Andrey Ternovskiy had a hard time leaving the stage. Everyone wanted a word with the 18-year old Chatroulette founder -- from other young entrepreneurs to big-money venture capitalists.

It wasn't long ago the Russian native was a teenager with an idea that stemmed from boredom. He wanted to create a site that allowed random users to connect through Web-cam based conversations.

Since launching, the site has grown exponentially, making headlines for both innovation and its ability to enable profanity on the Web.

Ternovskiy started the site without envisioning its mass potential and has been forced to grow up as the site grows.

"The bigger it gets, the more serious it becomes," Ternovskiy told CNNMoney. "It's not really pure entertainment as it was in old days, so I have to learn new things like about how the investment system works, how the economic system works. It's interesting. I hope I'll deal with it somehow."

As Ternovskiy focuses on the business behind his site and continues working on a solution to limit the sexual content, the big question in the tech world is whether he'll sell Chatroulette.

"The conclusion I came to is if I would sell, I'd sell for the sake of becoming rich, and the first thing I'd do if I were rich, I'd buy something. I'd make an investment...that investment would be buying Chatroulette."

But Ternovskiy has no concrete plans to sell just yet. "It's critical for us to make something and you know, sell it...but think what would I do after it? A person has to work anyway even though he may have money. If he doesn't work, he doesn't do anything. He's boring. It's good that I found something for myself to dedicate my life to." To top of page

Index Last Change % Change
Dow 17,550.69 -47.51 -0.27%
Nasdaq 5,105.55 -9.83 -0.19%
S&P 500 2,093.32 -4.72 -0.22%
Treasuries 2.21 0.06 2.84%
Data as of 6:46pm ET
Company Price Change % Change
Apple Inc 114.64 -3.80 -3.21%
Baxter International... 40.31 0.80 2.02%
Bank of America Corp... 17.80 0.03 0.17%
Baxalta Inc 37.10 3.95 11.92%
Frontier Communicati... 5.25 0.10 1.94%
Data as of 4:02pm ET
Sponsors

Sections

The company's movie studios went up 13% thanks in large part to "Avengers: Age of Ultron." More

Facebook patented a technology to allow lenders to survey your friends' credit scores and use them to approve or reject your loan application. More

Candle-Lite is committed to manufacturing in America -- which is a good thing because it contributes more than $300 million to Ohio's economy. More

You can't blame it on the economy anymore. More Millennials now have jobs, but are still living at home. More