Early Life
In 1998, at the age of sixteen, Cohen started the Jewishnet.co.uk website, an early social networking community which later became soJewish.com, with GB£150, and floated it on the Alternative Investment Market (AIM) ten months later. The company controlling the website, which Cohen had a 10–15% stake in, along with investors, was valued at £5 million in September 1998. The Daily Telegraph reported that he exchanged his stake in this company to AIM-quoted Totally plc for £310,000 in an all-share deal; yet when Cohen later sold half of his stake, these shares were worth just £40,000.
Read more about this topic: Benjamin Cohen (journalist)
Famous quotes related to early life:
“... goodness is of a modest nature, easily discouraged, and when much elbowed in early life by unabashed vices, is apt to retire into extreme privacy, so that it is more easily believed in by those who construct a selfish old gentleman theoretically, than by those who form the narrower judgments based on his personal acquaintance.”
—George Eliot [Mary Ann (or Marian)