by David Evans | Dating Industry Finance
Q: How do companies put themselves up for sale in today’s marketplace? A: Get written up in the New York Times. Back in July of 2007, the New York Times ran a piece, A Thaw in Investment Prospects for Sex-Related Businesses? Maybe, which announced to the world...
by David Evans | Dating Industry Finance
eTwine Holdings, Inc., a leading provider of social networking applications, has announced the change of the company’s name to SNAP Interactive, Inc. SNAP is derived from the acronym for “Social Networking Application Provider.” In conjunction with...
by David Evans | Dating Industry Finance
Turns out the rumor was true, Penthouse acquired Various, Inc. Various boasts 260 million members and about as many paying members as Match.com, most of the action coming from Adultfriendfinder. Nice payday for CEO Andrew Conru and his merry band of alternative...
by David Evans | Dating Industry Finance
News from ODI friends in Germany. Light editing on my part. Meetic bought 100% of neu.de and 100% of partner.de for a sum of 25 million Euros. For dating executives in Europe, the acquisition was not a surprise, because neu.de made a big “pimp up for...
by David Evans | Dating Industry Finance
More dating sites are getting into the stock market. LA-based social net College Tonight has gone public on the OTCBB market via a reverse merger with Simex Technologies. As part of the transaction, College Tonight said it has raised $1.6 million in a private...
by David Evans | Dating Industry Finance
It’s been up and down for BeliefNet the past few years. Looks like it’s up for now. Beliefnet, the NYC-based multi-faith community site which has been around since 1999 and has gone through Chapter 11 bankruptcy, has finally been bought. The buyer is News...