Online Dating Industry Consulting & Commentary
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 [...]
When LikeBright and LikeIt (formerly The Complete.me) launched around the same time, I thought they were going to be the new Zoosk vs. Are You Interested comparison for new-school dating sites. Both companies have solid teams, strong visions and some cash to burn while they figure things out. LikeIt burned through ??? of the $1.7 million [...]
Reading through Greg Blatt’s comments about Match.com’s financials. Some great stuff here. We’ve now cracked the 3 million subscriber mark for the first time. That’s more than double what it was just 4 years ago. … I think it’s really solidified my view that there really is no ceiling on the benefit in a business [...]
SNAP Interactive, makers of Are You Interested, released financial results for the first quarter of 2013. Top line: Numbers down across the board. Revenue down 40% from same time last year, in part due to reduced ad spend. Bookings, which I don’t see on a lot of dating site financials, is when a customer commits to spend [...]
Match continue to heading towards the magic number of a billion dollars a year in revenue. Nice to see Meetic post a gain and look at the number of paid subs in their Developing market, up 45%. Revenue up 8% to $188.9M from $174.3M. Core, Meetic and Developing revenue increased to $113.8 million, $55.0 million [...]
Lot’s of discussion about Bitcoin lately. WordPress.com and several other companies accept the digital currency, and now OkCupid accepts BitCoins as well. I’ve been mining Bitcoins on my laptop for a few weeks. At this rate, I’ll have $.000002 cents in a few years. At this point it’s easier to buy the coins and let [...]
And so another Valentine’s Day has come to pass. This year I did around 35 media interviews, actually a pretty light load this year. The sheer number of “relationship experts” who asked about guest-posting was unbelievable, probably around 50 people. 10 things dating sites won’t tell you. What does OKCupid want?: The mission of online-dating [...]
The earnings call transcript for IAC/Match is extremely interesting, lots of datapoints of interest to dating industry insiders. Key takeaways below and full transcript at Seeking Alpha. Developing, which is everything but Core and Meetic, bottomed out in Q4, but we’re expecting growth in PMC and revenue throughout 2013, starting low but coming in for [...]
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