TELEGRAPH.CO.UK – Aug 17 – Early-stage funding to Internet dating companies has climbed in recent years, from $10.3M in 2010 to almost $65M in 2014, according to the investment database CB Insights. But many VCs still have a blanket ban on dating apps.There are the ethical considerations, which cause some investors to lump dating apps alongside tobacco and gambling companies under the category “do not touch”. Dating apps are also much harder to monetise. A successful product means to lose users, and this high churn requires these apps to rebuild their customer base constantly. Historically, exits from dating investments have been hard to come by, with an early shareholder’s best hope being that IAC will acquire the company.
by Lauren Davidson
See full article at Telegraph.co.uk