Sale puts social media fans in millionaires’ league | Business

Sale puts social media fans in millionaires’ league | Business

Three pals are celebrating changing into millionaires following the sale of a social media advertising and marketing enterprise they began at college.Timothy Armoo, Ambrose Cooke and Mitchell Fasanya have bought Fanbytes, which says it helps manufacturers win the hearts of Gen Z kids, to Brainlabs, a private-equity backed digital advertising and marketing group.Led by Armoo, 27, who grew up on a south London council property, Fanbytes hyperlinks companies with influencers on social media websites corresponding to Instagram and TikTok in order to achieve younger audiences which might be exhausting to entry through conventional media.The phrases of the deal have been undisclosed however it’s understood that the corporate was bought for an eight-figure sum, netting every of the co-founders proceeds operating into seven figures.“We began it as a

https://www.thetimes.co.uk/article/sale-puts-social-media-fans-in-millionaires-league-c0tmtlgww

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