Lavalife financials

by David Evans on February 9, 2005

in Uncategorized

Online Dating Insider delivers cutting-edge insight and commentary on all aspects of the online dating industry. Topics include industry news, site reviews, emerging trends, analysis of dating site features, discussion about safety safety, finance and other issues important to the online dating market. Don't miss our Startups directory, useful to anyone running dating or social networking sites. Subscribe to the RSS feed (you can subscribe via email as well). Your comments and suggestions for stories are welcomed.
We offer consulting services to dating sites and social networks as well.

VenGrowth first invested in Lavalife in 1997, becoming the largest shareholder. Memberworks Incorporated (NASDAQ:MBRS) acquired Lavalife for $152.5 million. VenGrowth received $28.4 million for its stake in the company, recording a $13.3 million gain.

Previous post: Match launches testimonial site

Next post: Best case for identity verification yet!