Collaboradate has a new blog.
Spark Networks 10-k, lots of financial info, including picking up Schmooze-a-Palooza for $50k. This document should be required reading for anyone in the dating business. If you are about to launch a new dating site, make sure to read “Risk Factors, Management’s Discussion and Analysis of Financial Condition and Results of Operations.” If that doesn’t scare the beejeezus out of you and make you want to go back to your day job, and you have a few million in the bank, have at it. Otherwise, pat yourself on the back for having a good idea and move on.
Lattice models and the Black-Scholes-Merton formula… are one thing, just don’t forget, Spark is $38 million in debt accumulated deficit. It costs a lot more to run a dating site than most people think.
Lot’s going on at Jangl, the company that provides anonymous calling services to Match.com. New website, widget to embed in profiles, blogs, websites, etc. A video of their Spring VON presentation.
OPW ranks online dating sites based on success stories. I don’t get it. How do we know these are real people? Without authenticity, the numbers mean little.
PerfectMatch deploys fraud detection solution. Hey, we’re big enough to get hacked.
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“Spark Networks 10-k, lots of financial info, including picking up Schmooze-a-Palooza for $50k. This document should be required reading for anyone in the dating business. If you are about to launch a new dating site, make sure to read “Risk Factors, Management’s Discussion and Analysis of Financial Condition and Results of Operations.â€? If that doesn’t scare the beejeezus out of you and make you want to go back to your day job, and you have a few million in the bank, have at it. Otherwise, pat yourself on the back for having a good idea and move on.”
Where can I find this information? There’s no link to it
Added link to 10-k.
thanks
The Risk Factors section in ANY 10-k is scary as hell. It’s mostly there to cover their ass and protect them from potential litigation if anything goes wrong. If people would take these things too seriously they would never start any new business in any market.
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