SAN FRANCISCO CHRONICLE — Jan 23 — Lowell Selvin, CEO of PlanetOut, the Web portal for the lesbian, gay, bisexual and transgender communities, with 3.3 million users, navigated PlanetOut through an IPO in October 2004, netting $41.6 million. The funds will be focused primarily on products, features, technological investments and to expand internationally. This is an under-served market — $600 billion in buying power in the US alone. PlanetOut reaches 3.3 million out of roughly 15 million adult gays and lesbians in the US and 260 million adult gays and lesbians in Europe, Latin America, Asia and North America combined. We're just scratching the surface. FULL ARTICLE @ SFGATE
