Difference between revisions of "Wattpad"
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Wattpad was created in 2006 in Toronto, Canada as a partnership between [http://www.makingthingsoutofnothing.com/ Allen Lau] and Ivan Yuen. In February 2007, Lau and Ivan created a mobile application of Wattpad that was supplied with 17,000 stories through an e-book project entitled [http://en.wikipedia.org/wiki/Project_Gutenberg Project Gutenburg]. In the year 2009, Wattpad's mobile application expanded to mobile platforms such as [http://en.wikipedia.org/wiki/BlackBerry BlackBerry], [http://en.wikipedia.org/wiki/IPhone iPhone], and the [http://en.wikipedia.org/wiki/IPad iPad]. Now Wattpad is a successful social community of readers and writers where nearly 500,000 books are created every month. | Wattpad was created in 2006 in Toronto, Canada as a partnership between [http://www.makingthingsoutofnothing.com/ Allen Lau] and Ivan Yuen. In February 2007, Lau and Ivan created a mobile application of Wattpad that was supplied with 17,000 stories through an e-book project entitled [http://en.wikipedia.org/wiki/Project_Gutenberg Project Gutenburg]. In the year 2009, Wattpad's mobile application expanded to mobile platforms such as [http://en.wikipedia.org/wiki/BlackBerry BlackBerry], [http://en.wikipedia.org/wiki/IPhone iPhone], and the [http://en.wikipedia.org/wiki/IPad iPad]. Now Wattpad is a successful social community of readers and writers where nearly 500,000 books are created every month. | ||
| − | ==Recent Funding== | + | ==Recent Funding/Rewards== |
| − | In September of 2011, Wattpad received 3.5 million dollars in funding from [http://gigaom.com/2011/09/12/union-square-backs-wattpad-to-make-reading-more-social/ Union Square Ventures] . | + | In September of 2011, Wattpad received 3.5 million dollars in funding from [http://gigaom.com/2011/09/12/union-square-backs-wattpad-to-make-reading-more-social/ Union Square Ventures], W Media Ventures, and Golden Venture Partners. In December of 2011, Wattpad was nominated and won an award for innovative digital media at an event called [http://www.itbusiness.ca/it/client/en/home/news.asp?id=65192 CIX]. CIX (Canadian Innovation Exchange) is Canada's people choice awards for start up companies. Within the same year as 2011, Ivan Yuen was selected to be part of the [http://www.deloitte.com/view/en_CA/ca/pressroom/ca-pressreleases-en/58b44ca2284c3310VgnVCM3000001c56f00aRCRD.htm Deloitte Impact Infused Program]. The program selects only ten entrepreneurs out of Canada for the award. |
Revision as of 21:27, 7 October 2012
Wattpad is a social networking mobile site for aspiring writers, editors, and avid book readers based in Toronto, Canada. Wattpad is also a database of over 5 million self published stories that anyone can read and comment on. The site focuses on reader-to-writer interaction and community based communications between the writers and their readers.
Origin
Wattpad was created in 2006 in Toronto, Canada as a partnership between Allen Lau and Ivan Yuen. In February 2007, Lau and Ivan created a mobile application of Wattpad that was supplied with 17,000 stories through an e-book project entitled Project Gutenburg. In the year 2009, Wattpad's mobile application expanded to mobile platforms such as BlackBerry, iPhone, and the iPad. Now Wattpad is a successful social community of readers and writers where nearly 500,000 books are created every month.
Recent Funding/Rewards
In September of 2011, Wattpad received 3.5 million dollars in funding from Union Square Ventures, W Media Ventures, and Golden Venture Partners. In December of 2011, Wattpad was nominated and won an award for innovative digital media at an event called CIX. CIX (Canadian Innovation Exchange) is Canada's people choice awards for start up companies. Within the same year as 2011, Ivan Yuen was selected to be part of the Deloitte Impact Infused Program. The program selects only ten entrepreneurs out of Canada for the award.
