OBSERVER – Jan 18 – Snap Interactive, creator of Facebook dating app AreYouInterested, ha seen impressive revenue growth of 230% since 2009 along with 50,000 new users a day. The company reported $2.7-2.8 million in revenue for Q4 2010. Shares of Snap Interactive rose more than 1000% after Goldman Sachs had invested in Facebook at a $50 billion valuation. Snap Interactive now has the resources to expand into international markets. "We've always had to operate very lean, so this recent funding was a real game changer for us," says Darrell Lerner, co-Founder of Snap Interactive. "We're no Zynga yet, but expect us to use this capital to expand AreYouInterested in a big way and begin to work on some new offerings as well."
The full article was originally published at Observer, but is no longer available.
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