At the same time, we want to maintain our fun work environment and small business feel. The Intrade earnings allow us to grow how we want and where we want without being run by outside investors.
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Needham, MA (PRWEB) May 22, 2008
The founder and CEO of Babyphotographer.com, Bethan Brome Lilja, bet big on McCain and Obama and raised over $250,000 to fund the national growth of her business. The Boston-based company expanded to New York City in February 2008 and plans to expand to two more major metro areas in the U.S. before the end of the year.
Bethan invested in futures contracts for McCain and Obama to be their respective party's nominees through a prediction market exchange, Intrade.com. She grew the company's funds by 1000% in less than a year. Bethan was the featured trader in an ABC News 20/20 story on Intrade.com on May 9, 2008.
With the earnings from Intrade, Babyphotographer.com is able to fund their national expansion without finding investors or securing a loan. "We know our business works and we have a vision to bring it to every major metro area in the U.S.," said CEO Bethan Lilja. "At the same time, we want to maintain our fun work environment and small business feel. The Intrade earnings allow us to grow how we want and where we want without being run by outside investors."
Founded in 2003, Babyphotographer.com is an in-home and on-location photography service specializing in babies and families. The company is headquartered in Needham, MA and currently serves the greater Boston and New York metro areas with plans for further expansion. It is the second largest in-home baby photography service in the U.S.
Bethan Brome Lilja, Founder and CEO