Patrick Nagle

Patrick Nagle
Born October 7, 1982 (1982-10-07) (age 29)
Towson, United States
Residence Baltimore, Maryland, Maryland, U.S.
Alma mater Towson University
Occupation Entrepreneur

Patrick Nagle (born October 7, 1982) is an Internet entrepreneur who is best known for building RateMyProfessors.com, an Internet message board that revolutionized the way students attend college.[1]

Contents

Career

In 2004, Patrick Nagle dropped out of Towson University after he raised $125,000 from his high school friend William DeSantis. Later that year, Nagle and DeSantis launched their first startup SwitchTextbooks.com.[2]

SwitchTextbooks.com was a way for college students to trade textbooks. At the age of 24, Nagle later raised over $1,000,000 in angel funding to buy RateMyProfessors.com from Menlo Park, California programmer John Swapceinski.[3]

SwitchTextbooks.com was abandoned due financial limitations and as a result of RateMyProfessor.com's exponential growth. Nagle and DeSantis still own the Patent to SwtchTextbooks.com: “Internet Textbook Exchange".[4]

Although undisclosed, it is rumored that the Viacom acquisition of RateMyProfessors.com in 2007 was in the low eight figures.[5] At the time of acquisition, RateMyProfessors.com reached over 10-million college students.[6]

In 2008 Patrick Nagle left Viacom's MTVu and teamed-up with Matias de Tezanos to acquire the high school equivalent of RateMyProfessors.com from Bakersfield, California based Mister Message LLC.[7] The legality of the RateMyTeachers acquisition was initially in dispute by former Mister Message, LLC associate Michael Hussey. [8] Hussey and Nagle settled out of court on November 19, 2009. [9] RateMyTeachers.com boasts over 20-million users per year.

Additionally in 2008, Nagle and Kenneth Clash acquired and re-branded NiggaSpace.com as OurSpace.com, which was visited over 7-million times.[10] OurSpace.com's mission was to become the leading online urban social network.[11] OurSpace.com was redirected to MySpace.com in 2010. Whois records report that OurSpace.com is owned by MySpace.com, LLC.[12]

References

  1. ^ Lagorio, Christine. "Hot for Teacher". Village Voice. http://www.villagevoice.com/2006-01-03/art/hot-for-teacher. 
  2. ^ Sinclair, Jennifer (April 29, 2005). "SwitchTextbooks.com Takes Aim at $11.5 Billion Publishing Industry" (Press release). PRWEB. http://www.prweb.com/releases/2005/04/prweb234318.htm. 
  3. ^ Glasner, Joanna (August 29, 2005). "Prof-Ratings Site Irks Academics". Wired Magazine. http://www.wired.com/techbiz/media/news/2005/09/68941. 
  4. ^ Internet Textbook Exchange
  5. ^ Kramer, Staci (January 17, 2007). "MTVN Pumps UP MTVU With Acquisition Of RateMyProfessors.com". paidContent.org. http://paidcontent.org/article/mtvn-pumps-up-mtvu-with-acquisition-of-ratemyprofessorscom/. 
  6. ^ Lombardi, Candace (January 17, 2007). "MTV to buy RateMyProfessors.com". CNET. http://news.cnet.com/MTV-to-buy-RateMyProfessors.com/2110-1030_3-6150843.html. 
  7. ^ Schultz, Sue (April 14, 2008). "Nagle is hot for teacher Web site". Baltimore Business Journal. http://www.bizjournals.com/baltimore/stories/2008/04/14/tidbits4.html. 
  8. ^ Internet Marketing Review
  9. ^ Hussey, Michael (November 19, 2008). "RateMyTeachers Update". http://michaelhussey.com/2008/11/19/ratemyteachers-update/. 
  10. ^ Marshall, Dante (October 2, 2008). "Urban Comm. Purchases NiggaSpace.com: Benefit from Residual Traffic of Defunct Site". Highbrid Nation. http://highbridnation.com/2008/10/02/urban-comm-purchases-niggaspacecom-benefit-from-residuals-traffic-of-defunct-site/. 
  11. ^ Mullins, Bridgett (March 1, 2008). "OurSpace.com Officially Launches African-American Online Community" (Press release). Black News. http://www.blacknews.com/news/urban_communications101.shtml. 
  12. ^ Domain Tools "OurSpace.com"

External links

See also