by David Evans | Dating Industry Finance
Rafat Ali at Paid Content says that Great Hill Partners, the Boston-based PE firm which bought IGN in 2003, and then made a killing selling it to Fox, has bought a 20 percent stake in online dating network company Spark Networks (operator of JDate.com, among others)....
by David Evans | Dating Industry Finance
What a day for the online dating industry. First Think, now Consumating.com announces a deal with CNET. Over the past few months I’ve written and talked a lot about Consumating. The site caught my eye due to the use of dynamic profiles, tagging and other...
by David Evans | Dating Industry Finance
Think Partnership (CGI Holding Corporation) is a cross between Barry Diller’s IAC and Rupert Murdoch’s Fox Interactive. Today Think has announced additional acquisitions, finished the Vintacom deal and added a high-power executive to the team. Think has...
by David Evans | Dating Industry Finance, Legal
I came across a press release stating that “Match.com, a unit of IAC/Interactive Corp., is accused in a federal lawsuit of goading members into renewing their subscriptions through bogus romantic e-mails sent out by company employees. In some instances, the suit...
by David Evans | Dating Industry Finance
According to News.com, Investment firm Montegomery & Co. has been hired to find a buyer for Friendster. Again. Earlier this year they were asking $200 million, that price has been lowered to the $50 million range. Lack of a solid business model and the MySpace...
by David Evans | Dating Industry Finance
My notes from the call. No Q&A session due to Quiet Period Full press release at Spark Networks News Room. 3rd amendment to S-1 filed today. The company’s Registration Statement on Form 10, which will make Spark Networks an SEC reporting company, will be...