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“We focus now on growing the company as make as big as we can,” he adds.There is no initial public offering in the works either, he says, not altogether convincingly – although he does admit this is the most likely course if a deal is eventually done. “Badoo is getting bigger and bigger, and I think IPO could be the only option for Badoo pretty soon [because it is too big for most companies to acquire].It barely registers in the UK, but has become a phenomenon in Brazil, Mexico, France and Spain, helping to attract nearly 140m registered users worldwide – a figure growing by more than 150,000 a day.Some 35m of those users are active within any given month.In 1999, Andreev founded Spy Log, a web-tracking business which helped webmasters track visits to their sites, as well as track users’ habits on the web.

Today it is the largest social network in the world for meeting new people, with over 300 million registered users, generating over 0 million per year and operating in 180 countries.“There are more people that you don’t know than that you know,” Andreev says.“It is mainly about meeting new people for any type of adventure. Let’s say you are a secretary on reception with nothing to do, you can search a few blocks away and think, this is a nice good looking guy, we can have lunch together. I don’t know” According to Badoo, 12pc of users have got into a serious relationship with someone they’ve met on the site, and 2pc have subsequently got married. Before dropping out to start his first company, he studied management at the local university, while holding down a job as a partner in an advertising and public relations company.In the mid-90s, his family moved to Spain; Andreev himself relocated in 1995, but went back and forth between Spain and Russia.

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