Teen Turns Down £8.5m For Website

Nick CoatesA teenager has reportedly turned down £8.5million to sell his website because he is not interested. Sharpenews, a global news site aimed at young people, has been running for 5 years and has had 89million hits in 18 months and rakes in £2,500 a month from advertisers.

It’s owner, 17-year-old Nick Coates four is currently A-levels and even works ten hours a week at a local electrical goods store and said, “I could walk away with about £4million – but I’m not interested in that at the moment.”

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