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Last Updated: Thursday, 12 January 2006, 15:12 GMT
Last square sold on $1m website
Alex Tew
Alex is on target to graduate with a million dollars in his bank account
A student has sold the last piece of advertising space on his website selling a million pixels for $1m.

Alex Tew, 21, of Cricklade, Wiltshire, launched before going to Nottingham University to study business management.

It took him 20 minutes to come up with the idea and five months to sell the blocks of advertising space - the last was sold on Wednesday.

He embarked on the scheme after his brother left university owing 30,000.

The website has a grid of 10,000 boxes, each 100 pixels (10 by 10) in size.

Customers could place advertising logos on the purchased space, linking web users to their own websites.

Alex said: "I thought there must be an idea which can make me money fast.

"I literally had a month before I started university and I really didn't want to be a broke student and be in the bar worrying about buying a round."

In the months since his initial idea, Alex has earned an average of 4,000 a day - the last block of space on the site sold for 38,000.

Alex's father, Malcolm said: "He's achieved a lot in the last four-and-a-half months. It was totally unexpected but we're very proud of him."

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