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{{Short description|Swiss social network}}
{{Infobox website
| logo = ASW_Logo_full_colour.png
| screenshot = ASW_Winter_Weekend_Gstaad.jpg
| founder = [[Erik Wachtmeister]]<BR />[[Louise Wachtmeister]]
| chairman = Michael Manz
| equity = CHF 11 million shares
| subsidiaries = ASmallWorld Travel <br /> ASmallWorld Hospitality <br /> ASmallWorld Hotels & Resorts <br /> First Class & More <br /> The World's Finest Clubs
| url = {{URL|www.asmallworld.com/}}
| country_of_origin = Switzerland
| owner = Patrick Liotard-Vogt (64%)<BR />Alexander König (9%)<BR />Hansainvest (7%)<BR />Global Hotel Alliance (3%)
}}
'''ASmallWorld''' (stylized as '''ASMALLWORLD''', or '''ASW''') is a media company and a [[Social networking service|social network]] based in [[Zürich]], [[Switzerland]]. The company markets itself as "the world's leading travel & lifestyle community" and offers its services to travellers around the world.
▲| name = ASMALLWORLD AG
==Events==
▲| company_type = Public Company
▲| CEO = Jan Luescher (since 2016)
▲| industry = Social Media / Internet
▲| revenue = CHF 8.8m (2018)
▲| launch_date = March 2004
==History==
In March 2004, [[Erik Wachtmeister|Erik]] and [[Louise Wachtmeister]] founded ASmallWorld.<ref name=thewealthy>{{cite news| url=https://www.forbes.com/2008/05/02/social-networks-vip-tech-personal-cx_nr_0502style.html | title=Five Social Networking Sites Of The Wealthy | work=[[Forbes]] | first=Nicola | last=Ruiz | date=May 2, 2008 | url-access=subscription }}</ref> It was dubbed "MySpace for millionaires" by ''[[The Wall Street Journal]]''.<ref name="thewealthy" /> To maintain its desired exclusivity, ASmallWorld, while initially free, was invitation-only, open only to those invited by an existing member. In October 2004, the platform had 30,000 users, mostly celebrities, models and bankers between 25 and 35 years old, living in Europe or North America.<ref>{{cite magazine| url=http://content.time.com/time/magazine/article/0,9171,725104,00.html | magazine=[[Time (magazine)|Time]] | first=Simon | last=Crittle | title=Clubs for People Who Point and Clique | date=October 17, 2004}}</ref> By August 2005, the platform had 68,000 members.<ref>{{Cite magazine | url=https://www.wired.com/2005/08/bin-laden-in-hell/ | title=Bin Laden in 'Hell' | magazine=[[Wired (magazine)|Wired]] | date=August 1, 2005}}</ref>
In May 2006, [[Harvey Weinstein]]'s [[The Weinstein Company]] acquired
▲To join, one must receive an invitation from an existing member, or an invitation from the governing board after filing an application to be considered for membership.<ref name="Denman, Selina">{{cite web | url=http://www.thenational.ae/lifestyle/the-lady-making-a-small-world-smaller#page1 | title=The lady making A Small World smaller | publisher=[[The National (Abu Dhabi)]] | date=20 June 2013 | access-date=1 May 2014 | author=Denman, Selina}}</ref><ref name="Apply for Membership">{{cite web | url=https://www.asmallworld.com/apply | title=Apply for Membership | publisher=Asmallworld | access-date=1 May 2014}}</ref><ref name="asmallworld.com">{{cite web|url=https://www.asmallworld.com/member_applications/new|title=ASMALLWORLD – Travel, Lifestyle & Community|author=|date=|website=www.asmallworld.com|access-date=22 February 2019}}</ref>
In October 2009, Swiss entrepreneur and investor Patrick Liotard-Vogt purchased
In July 2012, the company launched a [[mobile app]] for [[iOS]].<ref>{{cite news | url=https://gigaom.com/2012/07/31/asmallworld-launches-mobile-app-for-invite-only-social-network/ | title=ASmallWorld launches mobile app for invite-only social network | first=ELIZA | last=KERN | work=[[GigaOm]] | date=July 31, 2012}}</ref> A mobile app for [[Android (operating system)|Android]] followed.<ref>{{cite web | url=https://play.google.com/store/apps/details?id=com.asmallworld.android&hl=en| title=ASMALLWORLD - Apps on Google Play | website=[[Google Play]]}}</ref>
▲In May 2006, [[Harvey Weinstein]]'s [[The Weinstein Company]] acquired the majority share,<ref>{{cite news |url= https://www.nytimes.com/2007/04/12/movies/12movie.html |title= Films From the Weinsteins Falter, but the Brothers Stay Focused |author= Cieply, Michael |date= April 12, 2007 |work= [[The New York Times]]}}</ref> joining a team of investors that included former AOL Time Warner COO Robert W. Pittman, film director Renny Harlin, and entrepreneur Alexander Von Furstenberg.<ref>{{cite news| url=https://www.nytimes.com/2007/09/06/fashion/06smallworld.html?_r=0 | work=The New York Times | first=Ruth | last=La Ferla | title=A Facebook for the Few | date=2007-09-06}}</ref><ref name="Aspan">{{cite news| url=https://query.nytimes.com/gst/fullpage.html?res=9802E4DF103EF931A15756C0A9609C8B63&module=Search&mabReward=relbias%3Ar%2C%7B%221%22%3A%22RI%3A11%22%7D | work=The New York Times | first=Maria | last=Aspan | title=A Weinstein Will Invest In Exclusivity | date=2006-05-22}}</ref> At the time, A Small World had approximately 130,000 members. Harvey Weinstein said his company planned to expand the site's membership and bring in additional advertisers. It was the Weinstein Company's first investment in an Internet company.<ref name="Aspan"/> After launching online advertising in 2006, the website had 100 partners. Advertisers included Jaguar, [[Diane von Furstenberg]], [[Mercedes-Benz]], [[Cartier (jeweler)|Cartier]], and [[Moet & Chandon]].<ref name="socialnetworkingwatch.com"/><ref>{{cite web|url=https://web.archive.org/web/20140911214747/http://business.highbeam.com/2012/article-1G1-159506298/innovative-voices-11-people-shaping-industry-future|title=Innovative voices: 11 people shaping the industry's future.(leadership in hollywood)(Company overview) - HighBeam Business: Arrive Prepared|author=|date=|website=web.archive.org|accessdate=22 February 2019}}</ref><ref>{{cite news| url=https://www.nytimes.com/2007/09/06/fashion/06smallworld.html?_r=1& | work=The New York Times | first=Ruth | last=La Ferla | title=A Facebook for the Few | date=2007-09-06}}</ref>
In February 2013, ASmallWorld announced that as of March 1, 2013, it would not be accepting new members, citing an initiative to ensure the integrity of the community.<ref>{{cite
▲In 2009, Swiss entrepreneur and investor Patrick Liotard-Vogt purchased the controlling stake in ASMALLWORLD and became its Chairman.<ref>{{cite web|url=https://www.businesswire.com/news/home/20091014006491/de/|title=Schweizer Unternehmer Patrick Liotard-Vogt kauft Anteile von Bob und Harvey Weinstein an ASMALLWORLD und wird größter Anteilseigner der privaten Online-Gemeinschaft|author=|date=15 October 2009|website=www.businesswire.com|accessdate=22 February 2019}}</ref> At that time, membership was in excess of 500,000 members and growing, when Sabine Heller became its CEO.<ref>{{cite news| url=https://www.nytimes.com/2014/01/17/business/sabine-heller-of-a-small-world-on-teaching-yourself.html | work=The New York Times | first=Adam | last=Bryant | title=Sabine Heller of A Small World, on Teaching Yourself | date=2014-01-16}}</ref><ref>{{cite news| url=https://www.wsj.com/articles/SB10001424127887324493704578431161984937642 | work=The Wall Street Journal | title=The Social Networker | date=2013-04-26}}</ref>
In April 2013, the company purged many members from its rolls, reducing its user base from 850,000 to 250,000 members.<ref name="viptravel">{{Cite news | url=https://techcrunch.com/2013/05/13/asmallworld-travel-club/ | title="Myspace For Millionaires" ASMALLWORLD Pivots Into A $105 VIP Travel Club | first=Josh | last=Constine | work=[[TechCrunch]] | date=May 13, 2013}}</ref><ref>{{Cite news | url=https://www.businessinsider.com/asmallworld-goes-to-subscription-model-2013-5 | title=Social Network For The Elite Is Getting Even More Exclusive | first=Julie | last=Zeveloff | work=[[Business Insider]] | date=May 13, 2013}}</ref>
▲In February 2013, ASmallWorld announced that as of March 1, 2013, it would not be accepting new members, citing an initiative to ensure the integrity of the community.<ref>{{cite web|author= |url=http://www.nzz.ch/aktuell/panorama/a-small-world-wird-noch-kleiner-1.18080128 |title=Spielplatz für die globalisierte High Society: "A Small World" wird noch kleiner - Panorama Nachrichten |language=de |publisher=NZZ.ch |date= |accessdate=2013-10-03}}</ref><ref name="Blick.ch">{{cite web|url=http://www.blick.ch/news/wirtschaft/facebook-fuer-reiche-mistet-aus-id2301102.html |title=Tiger Woods ist schon weg: "Facebook für Reiche" mistet aus – Wirtschaft – Blick |language=de |publisher=Blick.ch |date=2013-05-13 |accessdate=2013-10-03}}</ref> The company mapped a new strategy with a smaller network and more perks for its members. After shutting down, ASW relaunched in May 2013 with a membership model ($110 annual contribution) to allow an advertising-free experience for its members.<ref>{{cite web|author=|url=http://www.wwd.com/media-news/digital/a-small-world-maps-new-strategy-6927751?module=hp-topstories |title=A Small World Maps New Strategy - Digital - Media |publisher=WWD.com |date=2013-05-10 |access-date=2013-10-03}}</ref><ref>{{cite web|url=https://www.youtube.com/watch?v=QNKLU9vvP5w|title=ASMALLWORLD CEO Sabine Heller on CNBC|first=|last=ASMALLWORLD|date=4 June 2013|publisher=|access-date=22 February 2019|via=YouTube}}</ref>
On March 20, 2018, ASmallWorld AG became a [[public company]] via an [[initial public offering]] on the [[SIX Swiss Exchange]], raising CHF 18 million.<ref>{{Cite news | url=https://www.reuters.com/article/asmallworld-ipo/asmallworld-networking-site-to-list-81-mln-shares-on-swiss-bourse-idUSZ8N1P402E | title=ASMALLWORLD networking site to list 8.1 mln shares on Swiss bourse | first=John | last=Miller | work=[[Reuters]] | date=March 15, 2018}}</ref><ref>{{Cite news | url=https://www.six-group.com/exchanges/news/overview_en.html?id=asmallworld | title=IPO season gets off to a successful start | work=[[SIX Swiss Exchange]] | date=March 20, 2018}}</ref><ref>{{Cite news | url=https://www.ey.com/Publication/vwLUAssets/ey-news-release-strong-q1-on-ipo-market-including-switzerland/$FILE/ey-news-release-strong-q1-on-ipo-market-including-switzerland.pdf | title=Strong Q1 on IPO market - including Switzerland | first=Karin | last=Mateu | work=[[Ernst & Young]] | date=March 27, 2017}}</ref>
In September 2018, the company acquired First Class & More International.<ref>{{cite news | url=https://www.reuters.com/article/brief-asmallworld-buys-first-class-more-idUSASO0007ZC | title=BRIEF-Asmallworld Buys First Class & More International | work=[[Reuters]] | date=September 25, 2018}}</ref> In February 2019, the company acquired a UK-based travel agency LuxuryBared and integrated into the ASW app and website, after having invested heavily into technology and team.<ref>{{Cite press release | url=https://markets.businessinsider.com/news/stocks/eqs-adhoc-asmallworld-ag-acquires-luxurybared-a-travel-booking-platform-specialised-in-luxury-travel-1027915337 | title=EQS-Adhoc: ASMALLWORLD AG: acquires LuxuryBARED, a travel booking platform specialised in luxury travel | publisher=[[Business Insider]] | date=February 1, 2019}}</ref> In March 2019, ASW Hospitality became the [[property manager]] for the North Island, a Luxury Collection Resort, [[Seychelles]], a [[Marriott International]]-branded hotel.<ref>{{Cite news | url=https://www.hospitalitynet.org/announcement/41002522/north-island-a-luxury-collection-resort-seychelles.html | title=North Island, a Luxury Collection Resort, Seychelles | work=Hospitality Net | date=5 March 2019}}</ref> Dario Bertucci was named managing director of ASW Hospitality.<ref>{{cite news | url=https://www.reuters.com/article/brief-asmallworld-names-dario-bertucci-m-idUSFWN20U13F | title=BRIEF-Asmallworld Names Dario Bertucci Managing Director Of ASW Hospitality | work=[[Reuters]] | date=March 8, 2019}}</ref>
▲==Membership levels ==
▲Each year over 200 members attend the Winter Weekend in [[Gstaad]], Switzerland, where members can join in [[wine tasting]]s, [[fondue]] parties, and a dinner event.<ref>{{cite web|url=http://video.cnbc.com/gallery/?video=3000172362&__source=yahoo%7Cheadline%7Cquote%7Cvideo%7C&par=yahoo |title=Perks of Living in 'ASmallWorld' - CNBC |publisher=Video.cnbc.com |date= |accessdate=2013-10-03}}</ref>
==See also==
* [[List of social networking websites]]
==References==
{{Reflist|2}}
==External links==
* {{Official website|
[[Category:
[[Category:Internet properties established in 2004]]
[[Category:Companies listed on the SIX Swiss Exchange]]
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