Feeds

Jewish Web site values teen entrepreneur at millions

Site is less than a year old, but has already turned into a gold mine

  • alert
  • submit to reddit

Remote control for virtualized desktops

A London teenager has had the Web site he started for the Jewish community less than a year ago valued at up to £5 million. Benjamin Cohen started Jewishnet seven months ago to put the UK Jewish community in touch with Jewish businesses. The 17 year-old's site has since grabbed 2.2 million visitors. Cohen's site provides a directory of Jewish products and services. From a kosher restaurant in Fulham to a Jewish accountant in Finchley, simply key in the details and a list of options will be provided. There is also an on-line Rabbi who is kept busy with over a thousand enquiries per month. The "koshersex" section of the site can fix you up with a Jewish mate or penpal. It also plans to provide a free Internet service to compete with the likes of Freeserve. The secret of this very forward-thinking Web site, Cohen told today's Times newspaper, is the brand idea. "If [Jewish] people see Freeserve or Screaming.Net, and then they see a Jewish alternative, they will go with that," said Cohen, who is still a student at the Jewish Free School in London. The young entrepreneur added that this Jewish brand loyalty idea was previously an untapped market on the Internet. But when the stockbroking firm Durlacher, which backs Cohen's father's firm – Epoch Software - saw the site, it decided to snap it up straight away. The deal with Durlacher is currently being completed. Asian Online, which deals with the Asian community in Britain, is valued at around £5 million. Cohen said this was a good indicator of his site's future worth. ®

Internet Security Threat Report 2014

More from The Register

next story
MI6 oversight report on Lee Rigby murder: US web giants offer 'safe haven for TERRORISM'
PM urged to 'prioritise issue' after Facebook hindsight find
Assange™ slumps back on Ecuador's sofa after detention appeal binned
Swedish court rules there's 'great risk' WikiLeaker will dodge prosecution
NSA mass spying reform KILLED by US Senators
Democrats needed just TWO more votes to keep alive bill reining in some surveillance
'Internet Freedom Panel' to keep web overlord ICANN out of Russian hands – new proposal
Come back with our internet! cries Republican drawing up bill
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Driving business with continuous operational intelligence
Introducing an innovative approach offered by ExtraHop for producing continuous operational intelligence.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?