by David Evans | Dating Industry Finance, Dating Research
This report is for historical purposes only. MatchNet with a $17M market cap, $8 million in cash on hand. Match (TicketMaster!) has 3M members when it acquired oneandonly.com and Matchmaker had 45% growth numbers. A testatment to the speed this industry has expanded,...
by David Evans | Dating Industry Finance
MatchNet plc announced that the company has changed its corporate name to Spark Networks plc. The company said it believes the word “Spark” possesses imagery that makes it particularly relevant to the online personals business, and that it expects the...
by David Evans | Dating Industry Finance
Mike Jones at Userplane talks about Matchnet 3Q financials. I hear that MatchNet have snail-mailed postcards to iDate attendees stating they are looking to buy up dating sites.
by David Evans | Dating Industry Finance
Pure play online dating sites tend to sell at 4x earnings.
by David Evans | Dating Industry Finance, Dating Sites & Startups
I’m getting tired of hearing how great Friendster is. Like the usual Silicon-valley startup, they ejected the original management and brought in so-called superstars to take over the reigns. Now these greybeards are leaving in droves. The Frienster-killer is...
by David Evans | Dating Industry Finance
Are you sitting down? Pasadena-based EHarmony sold $100M preferred stock to 14 investors including Sequoia Capital and Technology Crossover Ventures. Chief Executive Greg Forgatch: This sends a signal that the venture capitalists who are funding the company have faith...