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Friday, July 22, 2011

Siblings Sell 6-Year-Old Startup For $100 Million

Digital yearbook site, founded 6 years ago, acquired by social network

In 2005, Catherine Cook and her brother David had an idea for a startup. The high schoolers flipped through a yearbook and wanted to make a digital version.

The 15-and-16-year-olds got to work and created MyYearbook. In the six-year span, the duo raised $17 million in financing, grew the site to 20 million users and generated 1.2 billion monthly page views.

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