At nineteen, Stacey Ferreira, a first year student in Steinhardt’s music business program, is one of Sir Richard Branson’s youngest investment. The English business magnate — known for his Virgin group of companies — has invested in her newly launched, MySocialCloud. Ferriera’s website is an interface that connects different networking sites into a single online social site and allows users to automatically log into their websites without having to remember usernames or passwords.
Ferreira, who had supported MySocialCloud with birthday money and family loans, needed to expand her operations. “Taking a break from market research one evening, I logged into my Twitter account and saw a tweet from Sir Richard that offered people an opportunity to meet with him in Miami over cocktails,” she said.
Though she wasn’t old enough for cocktails, Ferrara managed to get to Miami and secure an investment just shy of a $1 million from Branson and his friend, Jerry Murdoch. The Huffington Post has called Ferreira a ‘teen entrepreneur.’ Perhaps Branson saw a bit of himself in her; he started his first business when he was just sixteen.
Login to MySocialCloud by using the launch code nyurocks.