Tuesday June 18, 2019

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Young Local Entrepreneurs Find Success Online

Two of the entrepreneurs featured in BusinessWeek's America's Most Promising Social Entrepreneurs are based in New York City.

  • Richard Ludlow is founder of online learning site Academic Earth, which features lectures from prestigeous universities like Harvard. The company is currently pre-revenue and is funded by angel investors. 
  • Rachel Sterne is founder of news site Ground Report. Seed money from friends and family was used to start the business in '07. Revenue from ads and partnerships amounted to $75,000 in '08 and it is estimated to bring in $225,000 in '09.