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Month: March 2010

EasyDate Expects £20 Million Revenue This Year

Posted on March 4, 2010

Max_polyakov REAL BUSINESS – Mar 3 - EasyDate, Max Polyakov’s business, boasts over 7M members across a range of websites, and it’s growing fast – 1.5M new members signed up in the second half of 2009 alone. According to Bill Dobbie, the company’s chairman, the company recorded £2.8M in profit on a £12M turnover in its last accounts, and expects turnover to ~ £20M this year. EasyDate – under its various brand names of DateTheUK.com, BeNaughty.com, Cupid.com, Canoodle.com and SpeedDater events – is now present and growing in Australia, India, Ireland, South America, and the US. “We’re also looking to move into France, Germany and Spain, and to really grow our American business significantly,” adds Polyakov. The next step is for the company to raise more capital, which will help them expand their operations.

The full article was originally published at Real Business, but is no longer available.

See all posts on Cupid plc

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Internet Dating Industry Weekly News March 2nd, 2010

Posted on March 3, 2010

This is the news for February 23rd through March 2nd, 2010. Here is the news we covered:

  • PlentyofFish continues to grow rapidly
  • Match.com to acquire Singlesnet
  • German online dating market booming
  • Smartdate.com raises 2.2 million Euros
  • Australians suffer heavy losses to online fraud
  • Weopia.com launches new virtual dating service
  • HerWay.com partners with HonestyOnline
  • Maryland Bill proposes tight restrictions
  • Harvard Professor Michael Norton to speak at iDate L.A.

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PE Firm Offers To Take Spark Networks Private

Posted on March 3, 2010

Sparknetworks PAID CONTENT – Mar 3 - PE firm Grant Great Hill Partners, which might
be best known for buying (and then selling) IGN, wants to take online
dating company Spark Networks private. Great Hill, which bought a
minority stake in Spark Networks in late 2005 and now owns about a
quarter of the company’s stock, is offering to buy the shares it does
not own in a deal that would value the company at ~$64M. Spark Networks
says it has formed a special committee of its independent directors to
review the proposal and “any other potential business combination.” FULL ARTICLE @ PAID CONTENT

See all posts on Spark Networks

This post also appears at the iDate Forums.

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Smartdate Secures €2M

Posted on March 3, 2010

Smartdate logo TECH CRUNCH – Mar 3 - Paris based dating service Smartdate has raised €1.7M with European VC 360 Capital Partners. Smartdate, which previously secured Angel investment from four international Business Angels for a total of €300,000, was founded by Fabrice Le Parc, who also launched be2.com in France and Benelux in 2006-07. This €2 million total amount of seed funding will be mainly used to market the service as they have an objective of one million users before the end of the year. Smartdate wants to use Facebook Friends as a criteria for your dating search. Using Facebook Connect to log in to Smartdate, you search for single people among friends of your friends. FULL ARTICLE @ TECH CRUNCH

See all posts on Smartdate

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Oscars Ban Ashley Madison Ad

Posted on March 3, 2010

CNET NEWS – Mar 2 - A man is caught red-handed by his blue-bodied wife. He is in bed with another woman. His wife is not happy. His wife, in fact, begins to assault him. She slaps him, as he and his other woman try to escape. It is a commercial for AshleyMadison.com, the site that helps married people hook up with other married people. AshleyMadison thought ABC's Oscars telecast next Sunday would be the perfect place to advertise its wares. ABC, according to AshleyMadison, has decided this woebegotten attempt to encourage social instability does not contain content appropriate for Oscars night. This very same spot has been approved for airing during the Oscars telecast in Australia. FULL ARTICLE @ CNET NEWS

See all posts on AshleyMadison

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SeniorPeopleMeet.com Introduces Online Magazine

Posted on March 3, 2010

Seniorpeoplemeet magazine BUSINESS WIRE – Mar 3 - With ~85M baby boomers in North America and ~30 % of them single, there's a lot of prime-age dating going on. SeniorPeopleMeet.com, the online dating site devoted to senior singles, has launched SeniorPeopleMeet.com Magazine, a free online magazine designed to serve the particular needs of singles within that community — enabling all senior singles to benefit from the latest dating tips, trends and topics that are unique to them.

The full article was originally published at MarketWatch, but is no longer available.

See all posts on SeniorPeopleMeet
See all posts on People Media

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Casual Dating On First Affair

Posted on March 3, 2010

Firstaffair logo PRESS RELEASE – Mar 3 - First Affair is a casual dating site that launched in 2008. Since its launch ~900K women, men and couples have registered so far. The typical male user is 35 years old, married and professionnaly active. The typical female user is about 30 years old, married as well and not professionally active.

The full article was originally published at First Affair website, but is no longer available.

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Dave Wilkie, CEO Of Weopia

Posted on March 2, 2010

DaveWilkie1 OPW INTERVIEW – Mar 1 – Professor Michael Norton from Harvard tell us that more is less. The more profile information that is collected on dating sites for singles, the less the interest from other singles, according to his research. When singles talk to other singles that they know little about, they tend to imagine as more ideal than they may be. Enter virtual dating. Weopia is a virtual dating service we found intriguing, so I interviewed the CEO, Dave Wilkie, a few days ago. – Mark Brooks

How would you describe Weopia?
We like to call it a companion tool to online dating sites. Users of dating sites can use Weopia to have a virtual date.

What is your background?
My background goes back into advertising. For 18 years I owned an advertising agency in Canada. I’ve taken about 1 year off to build Weopia.

What drew you to the Internet dating space? What inspired you?
Back in my teens a friend of mine mentioned how small our dating pool was in the high school. Then in the advertising business I worked on a program with IBM, which was a resume job matching service like Monster.com. We really got deep into the matching process and so along the way I started to get more interested. A colleague of mine, who was a tech oriented person, just sold his business. He asked if I would consider doing something together and I said how about an online dating site?
He was a big fun of Second Life so that is where the idea popped up back in March 2008.

I took a look at the site and I’m amazed with the graphics, how on earth did you build it?
It was a long process of trying different technologies until we found the right one. We found a Unity platform. At the time they were doing smaller games and various interactive 3D environments but mostly game oriented. So that platform worked quite well for us but it required a lot of back end work.

What is it you like most about the Unity platform over the other offerings?
It’s very progressive.

What would you say were your biggest challenges in building the site?
Our biggest challenge was to limit what we could do. In a virtual world, which mirrors reality, the creativity can just go rampant.

In terms of the user experience, is there any particular user behavior that surprised you that was unusual?
I don’t know if it’s a surprise, we sort of expected it, but many people think that what we’re trying to build another Second Life. But we’ve built an intimate dating environment for 2 people. Second Life is completely different thing, although it’s a virtual world and was the inspiration for our program.

How do you get people?
We tried to get the word out through press releases. I was also happy to see that people are Twittering back and forth about Weopia. We had quite a big flip in traffic and people were passing the word around. We intend to do some advertising once we get Weopia the way we think it should be. Then we intend to start charging at some point.

What sort of price points do you think you’ll come in at?
About $4.95. We tried to price it around the cost of a couple of coffees at Starbucks. But there will be a whole bunch of variations on our pricing.

Would you say your end goal is to show this service off so that you can partner with other internet dating companies? Or do you want to be the end destination?
We would like to offer the service to the online dating industry as a bridge between texting and chatting inside the online dating sites and the meeting in the real life. The researches in the virtual world dating conducted by Professor Michael Nortong, Jeana Frost and Dan Arieli show that if you go on a virtual date prior to meeting in person you’re much more likely to like the person. I think that’s just because people have high expectations over the text chats.

What are your plans for 2010?
We would like to go mobile. We’re looking seriously at the iPad and iPhone. But what we would really like to see happen by 2010 is to be accepted into the online dating industry so people can go and meet more people quicker and find love faster.

See all posts on Weopia

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Sex Offenders Out Of Social Networks

Posted on March 2, 2010

Sexual offenders out of social networks CBS NEWS – Mar 2 - Sex offenders in California will have one more
roadblock in their efforts to lure young victims if lawmakers in
Sacramento have anything to do with it. Norma Torres introduced the
bill in January, which would make it a crime for California's 63,000
registered sex offenders to use any social networks. Match.com
spokesperson Amy Canaday said that at this time Match.com does not do
any background searches on its members because there is "no 100%
accurate way to do them." MySpace has an aggressive policy in place to
keep sex offenders of its site. MySpace runs a 24/7 system that looks
for sex offenders using a five-point checklist: first name, last name,
date of birth, gender and zip code. MySpace compares these identifying
criteria with a national list of registered sex offenders, which they
access from the identification verification company Sentinel Tech
Holding. FULL ARTICLE @ CBS NEWS

See all posts on Match.com

This post also appears on SocialNetworkingWatch.

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Marriage Brokers Bill and Lack Of An Association

Posted on March 1, 2010

Paragraph symbol OPW – Mar 1 – The International Marriage Brokers
Bill, otherwise known as House
Bill 596
, has recently caused quite a stir with
a few Maryland locals, and perhaps not a big enough stir with the
individuals who could potentially suffer the regulations of the bill.
According to Stacey Goodman, a Senior Policy Analyst working with
Senator Alex Mooney, the intent of the Bill is to "restrict or
even prevent communication between American men and foreign women for
the purposes of dating and/or marriage". Michael Parrotte, one
of the few locals attempting to fight the bill, claims to have spent
close to $5,000 out of his own pocket just to stall the approval of
the Bill. Parrotte, who is in the business of sports apparel, appears
to be leading the charge on preventing a bill that strongly applies
to the online dating and social networking industries. Based on legal advisement, Parrotte believes that Maryland is only the
beginning with House
Bill 596
. If special interest groups win in
Maryland, it could trigger a chain reaction in other states. – Nick Fletcher, Courtland Brooks

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