billionaire The new bubble is forming and Internet entrepreneurs are back in fashion. Five years after the collapse of the dotcom bubble the values of small Internet companies once again are being pushed to sky-high levels. Following is the story about a UK company that is worth almost a Billion $$. 90% of earnings are from affiliate income and the company is 100% debt-free. Chris started this thread over at the WickedFire forums to help motivate other affiliates.

“The UK-based entrepreneurs only started in the affiliate marketing business in 1999 and their business is now valued by the Sunday Times at an astonishing – $925 million – Yes, you did read that correctly. This makes them near-billionaires, and achieved largely via affiliate marketing in less than 5 years! It also makes them probably the wealthiest affiliate marketers in the world today!”

The forum thread above is based on the following article about Simon Nixon, the 38-year-old owner of Money Supermarket, a fairly plain looking shopping comparison site that is worth almost a billion dollars. The North West Enquirer has the full story:

“It (MoneySupermarket) generates 90 per cent of its revenue from introduction fees payable by financial services companies when it refers customer leads. (i.e. affiliate programs.)

What sets Moneysupermarket.com apart from most internet companies is that it is highly profitable and debt free. It has not had to finance its growth by surrendering valuable equity to greedy venture capitalists.”