IAC Creates Match Group

Is Match getting ready to spin out of IAC? Today’s announcement seems to point in that direction. InterActiveCorp (IACI) CEO Greg Blatt is stepping down from his current position to become chairman of the Match Group, a new IAC operating unit containing the company’s Match (online dating) businesses, as well as Tutor.com and workout program […]

AngelList Dating Companies

Poking around AngelList for dating site startup funding opportunities. The category features 414 companies, 20,910 investors and  73,873 followers. Over 50 new dating sites have listed on AngelList in the last few months. Dating site investors are all over the map, it’s not a specific category like medical devices or hardware, and finding relevant investors can be a […]

Match and SNAP Interactive Financials

Reading IAC quarterly financials: – New user conversion to payers is up double digits at Match, driven primarily by improvements in the mobile product. Nontraditional products. The user growth here has been phenomenal, up 90% year-over-year to over 16.5 million monthly users. – What’s so interesting about all these monetization experiments is what it’s teaching us […]

Spark Networks, a Match Made in Heaven or Hell?

My favorite clandestine Spark Networks tracker sent in the following and said I could print it, so here it goes (no they do not work for a competing dating site). Your counter-points in the comments, or do you agree with the below perspective?  Let me know, curious what the dating industry audience thinks about Spark […]

Global Personals Co-founder Ross Williams Wins Entrepreneur Award

Ross Williams, CEO and Co-founder of Global Personals Ltd, was crowned a winner in the E-commerce category of the Great British Entrepreneur Awards yesterday. Global Personals Ltd launched in 2003 from an office in Ross Williams’s spare bedroom. With annualized revenues approaching £50 million, the company now operates in seven English speaking territories across the globe, […]

Online Dating Industry Update 11-12-13

Match.com is now making $200M a quarter. In the not-too-distant future it’s going to be a billion dollar a year company. More at IAC. Now this is interesting, eHarmony gets into matchmaking at $5,000 a pop. Acquaintable has been acquired by LikeBright. Congrats to Nick and the LB team. There’s a great new dating industry blog […]

Twoo Acquires StepOut

Last December Meetic, owned by Match, acquired Massive Media, which runs Twoo.com, for $25M cash. Twoo, a Badoo clone, had grown to 9.6M unique monthly visitors (source). I met some of the Twoo team in London last fall when I was in town to speak at the White Label Dating Partner conference. Interestingly, Twoo shares […]

HowAboutWe Adds SpeedDate and DateMap

I’ve always loved the design and marketing of HowAboutWe, although in terms of profiles, search and being effective, it’s always fell a bit short for me compared to the top dating sites in terms of payoff for time spent on the site. While their unique offering has been copied by Match and other sites, I’ve not […]

Zoosk Owns Casual Dating,Tops $40 Million Revenue In 1Q 2013

Zoosk announced record revenues of $40 million in the first quarter of 2013. $40 million!!! Looks like Zoosk could have a $200 million dollar year. Available in 25 languages and serving more than 70 countries, the company has raised more than $40 million in equity from Bessemer Venture Partners, ATA Ventures and Canaan Partners. Via Biz Journals. […]

Investor Thinks Spark Networks Is The Next Netflix

So an investor is talking about how Netflix has quadrupled it’s stock price in the last seven Months. It’s a great story, watching Netflix on my tv through my Roku box is a fantastic experience. Then things get weird. Investor Whitney Tilson: If Netflix is the next Amazon, who will be the next Netflix? It could […]