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Lemontonic sour, seeking $5M

Lemontonic sent out a press release stating that they have 600 new members a day and made $7,000 last quarter. Lemontonic recently crossed the 90,000 member threshold and will shortly complete its first month of paid service. Operating costs for the quarter ended...

More on Spring Street

Gawker has more insider info on the cuts at SpringStreet. Insiders (probably management) are arguing over the validity of these statements: SpringStreet is operating with just 8 people. Most of the technology and customer service team has been let go. Only 2 people...

Entrepreneur trend watch list

Number two on the Entrepreneur list of hot trends is Feeder Businesses: “Eat off the big guys’ plate. Trend agency Trendwatching.com coined the term “feeder business” for companies that feed off giants like Amazon or eBay. Instead of trying to...

Match is the largest

Guinness World Records officially recognises Match.com as the largest online dating site in the world. More than 42 million singles globally have registered with Match.com since its launch in 1995 and worldwide there are now over 15 million members using the service....

Online dating bride wins damages

A US matchmaking service has been ordered to pay financial damages for introducing a Ukrainian woman to a future husband whom she says beat her. A federal jury in Baltimore awarded Nataliya Fox more than $430,000 after she sued Encounters International (EI) for...