The mysterious company that just bought Newsweek

“Uzac, the CEO, turns 30 on August 7. He grew up in France and South Africa, carries a French passport, and studied geography and economics at the London School of Economics.  His partner and IBT’s chief content officer is Johnathan Davis, a 31-year-old American who studied computer engineering at UCLA and did time in Silicon Valley.Together they launched what became IBT Media in 2006, with personal savings, a SBA bank loan, and no input, financial or advisory, from VCs. They say they’ve been profitable since 2010. Headquarters are in New York, with offices in Bangalore, Shanghai, and Sidney. Total editorial employees: about 150.”

http://tech.fortune.cnn.com/2013/08/07/newsweek-ibt/

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