WAYN’s world
May 13, 2008 | Online Travel
UK online travel social media site WAYN has become one of the most successful British social networks. It is used by 6.5m people each month. The telegraph has an interesting article on the company's two founders and their vision to build the largest travel focused portal.
Frenchman Jerome Touze, 28, had the idea while travelling during his gap year before starting work at Accenture. “He thought, ‘wouldn’t it be cool if you had a map showing where all your friends were around the world?’,” recounted Peter Ward, the other founder of WAYN.
The pair met in London in September 2004 before starting work at Accenture, while both were still in the middle of their world travels. Touze told Ward about his idea, they brought in one of Ward’s best friends from school, Mike Lines - who at the time happened to be a computer programmer for Friends Reunited - and WAYN was born, the three splitting the equity equally between them.
The next step was to try to raise some cash - Touze and Ward had £40,000 in debts between them as a result of their travels.
Get the full story at the Telegraph
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