It’s Official, FriendFinder Networks Cancels IPO
After a long-awaited public offering, FriendFinder has cancelled their IPO. According to TechCrunch, flat sales and lackluster investor are to blame. The high-profile network of dating and adult sites planned to use the IPO to pay off the staggering debt, currently...Match.com and Meetic Announce Latin America Partnership
Not satisfied with European market domination, Match and Meetic have established a joint venture in Latin America. Match.com and Meetic will each own 50 percent of the joint venture’s equity, and Match.com will control the new entity’s operations....Avid Life Media Postpones IPO
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...Someone Just Bought 5% of Spark Networks
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...FriendFinder IPO Delayed Once Again
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...
From 2002-2019, David Evans helped entrepreneurs, investors, and the media, make sense of the online dating industry.
@datinginsider
