Andrew Ternovskiy’s head must be spinning. Until recently, everyone was betting the house on Chatroulette. We all went all in — even Jon Stewart, for the love of Peter.

Then the bell tolled a resounding “donnnnnnggg” and the world nexted Mr. Ternovskiy. Yesterday Salon went so far as to pronounce Chatroulette dead, declaring that “you can’t build an empire on d*cks.”

While I can think of a few people and at least one industry out there who could disprove that statement, one thing is clear: you can’t build an empire without a blueprint (or at least a healthy endowment). And as a prescient New Yorker piece revealed last month, Ternovskiy got caught with his pants down in that regard.

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