Tall start-up expenses and constant consumer churn are a little bit of a turn-off to would-be backers, however some jobs took internet dating towards the next degree.
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Whenever Match Group, a unit of the latest York based digital news behemoth IAC/InterActiveCorp, bought on line dating internet site PlentyOfFish (POF) Media for $575 million in July, smaller online dating sites felt motivated by the Goliath-buys-David story. Mark Brooks, A web dating company consultant who’s got caused POF, claims the news headlines prompted one start-up to approach him with a company plan.
They said they would prefer to get bought by Match in six to nine months, Brooks states for the would-be customers. He previously to create them right, describing that the POF purchase had been years that are many the generating. POF did not appear to be much, nonetheless it had impressive features that are back-end 100 million users. Continue reading Why Internet Dating Has a difficult time Setting Up with Capital Raising