Engage Attracts $5 Million
Engage, which is making a name for itself by allowing members to play matchmaker, has raised an additional $5 million in a round led by Advanced Technology Ventures and seed investors Revolution Ventures. The Founders Fund and Josh Kopleman also participated. The...Dating Site Investment Opportunity
ChinaDateFinder is looking to do what they call a Public Percentage Spot Offering. I mention this only because I have not previously come across this type of funding in the dating space. Profits from ChinaDateFinder will be distributed quarterly based on spot...Spark Networks Announces New Board Member
Spark Networks announced today Michael A. Kumin (bio) has been elected to the company’s Board of Directors, effective immediately. Mr. Kumin is currently a Partner with Great Hill Partners, a Boston-based private equity firm, where he is responsible for originating...True Increases ad Spend
True.com has been ranked as the nation’s No. 1 dating site, according to Hitwise’s May 2006 report on lifestyle dating Web sites. I’m glad to see this finally happen, what with Match, Yahoo and PlentyofFish saying they are so popular, I’m glad...Giant POF Adsense Check
Holy cow. Plentyoffish AdSense check for $901,000. Subtract $5,400 for hosting/month and Instant Messenger at $8,000/month and you have a nice little internet company going for one guy. I love his blog title, The Paradigm Shift subtitled Adapt or die. Favorite entry,...
From 2002-2019, David Evans helped entrepreneurs, investors, and the media, make sense of the online dating industry.
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