SpringStreet slashes staff
I’ve been AFK for a few days and just now catching up on the great links that people have been sending in. In a sign of trouble in the online dating business, personals company Spring Street Networks has reduced its staff by almost half to 12 employees to stem...Hookup, Aisle Nine
Wal-Mart is promoting dating at stores in Germany. Customers are greeted with a glass of wine, a personal profile is filled out and a photo is taken and posted on a bulletin board. Then you walk around with a shopping cart with a bright-red bow on it and try to meet...Online dating has jumped the shark
In case you don’t know, the phrase “jumping the shark” is the exact time when a television show has become cliched and passe. For the series Happy Days, it was when Fonzie jumped his motorcycle over a shark tank. This press release could conceivably...Vertrue Dutch Auction Tender Offer
Vertrue Incorporated (Nasdaq: VTRU), a leading marketing solutions company, announced today that its Board of Directors has authorized a self-tender offer for up to 500,000 shares of its common stock, which represents approximately 5 percent of its outstanding shares....Love, Courtside
I’m hearing a lot about mixing singles events and sports marketing. In fact, L.A. Sports and Entertainment Commission has backed a “Singles Night” for the opener of the WTA Tour Championships at Staples Center on Wednesday. The NBA’s Washington...Enpocket Closes 9.5 Million 3rd Round
Following it’s acquisition of Landmat, Enpocket (previous mention) has raised 9.5 million in a Series C round of financing. The financing was led by new investor Straumur Investment Bank and its subsidiary Bru Venture Capital, with all of Enpocket’s...Measuring Industry Performance
It’s about time a an easy-to-understand metric was put in place to measure industry performance. ComScore gave a good presentation at SITRAS this summer which touched on the idea that we should be observing the interrelationship between several critical metrics...Yahoo! Personals on top
Match.com has lost its lead in the $500 million domestic online personals business. Match wooed 7.4 million visitors in September 2003, compared with Yahoo! Personal’s 6 million. This past September, Match.com had 3.9 million visitors, compared with...SITRAS Tackles Industry Regulation
In response to recent initiatives to regulate online dating, relationship, and social networking services, the Singles Industry Trade Association (SITRAS) is gathering to assess the proposed legislation and the issues and implications it presents. Robert Dombkowski,...
From 2002-2019, David Evans helped entrepreneurs, investors, and the media, make sense of the online dating industry.
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