Online Dating Industry Consulting & Commentary
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Not 48 hours after FriendFinder postponed their planned initial public offering this week, another stalled dating industry IPO. This time It’s Avid Life Media, which owns the Ashley Madison cheaters adult site. Avid wanted to raise the planned $60 million to acquire another company, I wonder who that was supposed to be?
Update: The site to [...]
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While we were all sunning in Miami at iDate last week, s Someone named John H. Lewis at Osmium Partners spent $2.5 million to acquire about 5% of Spark Networks, or a little over 1 million shares. SEC notice. I love these investor sites which only have a home page and contact information. Mysterious! Thanks [...]
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The Friendfinder IPO, set to occur this Thursday, has been pushed back a week due to a volatile stock market. What are they waiting for, favorable astrological and wind conditions Frankly, I’m not sure how many times the worlds largest network of dating sites can afford to keep pushing back it’s IPO.
FriendFinder, on the other [...]
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Fabulis, a social net and lifestyle site aimed at gay men, has raised $625,000 in a first round funding. founder and CEO Jason Goldberg previously sold Socialmedian to Xing. Via Paidcontent. Here’s more on the company from founder Jason Goldberg.
Very slick pre-launch signup form. It’s amazing how many sites basically ask for 1/4 of a [...]
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Magnetu is the world’s first personal Mobile Social Networking fashion accessory that socialize you with people around you.
FriendFinder IPO Update: There has been talk about a FriendFinder (which also owns Penthouse) IPO for quite some time. Starting in the summer of 2008 there has been a number of developers and executive staff who have [...]
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‘SecondLove – Connecting Singles’, a Facebook dating application, is looking for suitable investors to market it on a large scale. Here are some basic facts about ‘SecondLove – Connecting Singles’ since its beta launch a few weeks ago:
- Total installs: 10,000+
- Fans: 260+
- Average rating: 3.5/5.0 (higher than Zoosk)
- Average pages/visit: 5
- Average time spent [...]
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Zoosk, the world’s largest social dating community, today announced it has closed a $30 million Series D round of funding. The Series D funding round brings Zoosk’s total financing to $40.5 million. The round was led by new investor Bessemer Venture Partners, the oldest venture capital firm in the United States. Existing investors Canaan Partners [...]
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Payment processors have often held the online dating industry at arms length. Fraud, chargebacks and all sorts of nefarious behavior has been attributed to dating sites and the scammers that plague them. It’s a good thing that startup Payments-R-Us offers guidance and advice on choosing merchant account providers.
Tech Crunch on Payments-R-Us, a new wizard-driven payment [...]
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Wedding site The Knot saw profits fall about 64 percent to $771,000 for the 3rd quarter when compared to last year, as debt and other expenses dragged earnings down.
But the marriage business isn’t completely on the rocks: net revenues were up 4 percent while merchandising dollars grew 30 percent. Via Paid Content.
Back in 2005 we [...]
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Spark Networks, Inc. (AMEX:LOV – News) will host an investor conference call to discuss its results for the quarter ended September 30, 2009. The call is scheduled to take place on Thursday, November 5, 2009 at 1:30 p.m. Pacific Time.
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