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.
From 2002-2019, David Evans helped entrepreneurs, investors, and the media, make sense of the online dating industry.
@datinginsider
