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

Search for Jobs

Index Last Change % Change
Dow 18,229.19 83.48 0.46%
Nasdaq 5,304.79 47.39 0.90%
S&P 500 2,151.02 9.86 0.46%
Treasuries 1.77 0.03 1.72%
Data as of 2:43pm ET
Company Price Change % Change
AT&T Inc 36.80 -0.69 -1.84%
Chesapeake Energy Co... 6.37 -0.31 -4.64%
Bank of America Corp... 16.78 0.11 0.65%
Time Warner Inc 87.21 -2.27 -2.54%
Microsoft Corp 60.80 1.14 1.91%
Data as of 2:28pm ET


Wall Street is worried about a lot of things with AT&T's proposed buyout of Time Warner, but here are reasons why this merger is not AOL 2.0. More

Stocks are widely expected to drop close to 10% if Trump wins the presidency. But even if Clinton wins, stocks could still sell-off the day after the election. More

Microsoft is raising prices in the U.K. by whopping 22%, in response to the collapsing value of the pound. More

The University of Illinois partnered with Coursera to launch one of the most affordable online MBA programs yet. More