GOOD MORNING AMERICA - June 2 - James Hong and Jim Young founded HotOrNot in 2000. They sold the site in 2008, when it was generating revenue of $5M and $2M in profit. The buyer, Avid Life Media, reportedly paid $20M for the site. Young and Hong are now busy being dads. Hong has recently built an app for his kids -- one that uses video to reward them for eating.
by Alan Farnham
See full article at ABC News