Sokratis Papafloratos: Trusted Places

Focus: Social network for local reviews

Sokratis Papafloratos, 30
Company:
Trusted Places
Web: www.trustedplaces.com

Trusted Places, which is backed by Howzat Media to the tune of £1m, initially provided user-generated reviews for restaurants, bars, pubs and clubs. However, steady growth has seen the company, co-founded in 2006 by Sokratis Papafloratos, add ratings of everything from sport and leisure clubs to shops and hotels. Throughout the past 12 months, membership has grown by 85%, reviews by 238%.

Meanwhile, turnover will more than double during 2010 as the website reaps the rewards of a diverse revenue model, which includes white label partnerships with the likes of DMGT and Associated Northcliffe Digital, along with premium subscriptions, traditional advertising and affiliate bookings

Comments

You must log in or Sign up to post a comment.

Young Guns by Startups.co.uk