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 18,502.99 107.59 0.58%
Nasdaq 5,232.33 13.41 0.26%
S&P 500 2,180.38 11.34 0.52%
Treasuries 1.57 -0.07 -4.22%
Data as of 1:09am ET
Company Price Change % Change
Bank of America Corp... 15.84 0.05 0.32%
Micron Technology In... 16.91 0.40 2.42%
Apple Inc 106.82 -0.12 -0.11%
Ford Motor Co 12.47 0.09 0.73%
Chesapeake Energy Co... 6.44 0.04 0.62%
Data as of Aug 29
Sponsors

Sections

Southwest pilots have been negotiating pay raises and improved contract terms with the airline for more than four years. Now, there's a sign the gridlock is ending. The union said Monday they've reached an 'agreement in principle.' More

Nearly 10,000 current and former Chipotle workers have joined a class action lawsuit alleging the company forced them to work 'off the clock' without pay. More

Following an order from the Department of Education to stop admitting students on federal financial aid, the for-profit technical school has stopped enrolling new students. More