BUSINESS INSIDER – June 27 – The deal has not yet been finalized. It's expected to close on Monday, at which point, a number of HowAboutWe employees may lose their jobs. HowAboutWe and IAC have been in serious deal talks for the past week. It's unclear how much IAC will be paying for HowAboutWe, or if the brand will continue to standalone among the other dating brands in IAC's portfolio.
by Alyson Shontell & Hunter Walter
See full article at Business Insider
This post also appears on InternetDatingInvestments.
Lets be honest – they agreed to pay the bills, take over the business and hire 5 people…not exactly an “acquisition”
Lets be honest – they agreed to pay the bills, take over the business and hire 5 people…not exactly an “acquisition”
Every time the IAC acquires a big online dating site, it is like if they were paying a bribery to the VC investor who had previously invested in that big online dating site.
Do you remember when the IAC acquired SinglesNet 4 years ago?
Every time the IAC acquires a big online dating site, it is like if they were paying a bribery to the VC investor who had previously invested in that big online dating site.
Do you remember when the IAC acquired SinglesNet 4 years ago?
HAW is a unique idea, but too niche to have mainstream appeal and perhaps too much effort for seniors and anyone above 40, who prefer the simplicity and mass appeal of sites like match. Tinder is crushing everyone for the under 30 singles, so it leaves less singles signing up for HAW. I thought Nerve was an interesting site, I wonder if they will re-open it or spin it off.
HAW is a unique idea, but too niche to have mainstream appeal and perhaps too much effort for seniors and anyone above 40, who prefer the simplicity and mass appeal of sites like match. Tinder is crushing everyone for the under 30 singles, so it leaves less singles signing up for HAW. I thought Nerve was an interesting site, I wonder if they will re-open it or spin it off.