OPW – Dec 14 – The next Internet dating super-conference will be held in Miami, on January 25 – 27th, 2016 in Kovens conference center. The agenda looks great, with presentations from the leaders in the Internet dating and matchmaking industries, including CEO of Zoosk – Kelly Steckelberg.
Month: December 2015
Indian Matchmaking App Dil Mil Raises Funding From Saavn Founder
VCCIRCLE – Dec 17 – Dil Mil, a matchmaking app for South Asian expatriates, has raised an undisclosed amount in funding from one of the founders of US-based music streaming app Saavn. Dil Mil had previously raised ~$1M in seed funding from a group of angel investors including Will Bunker, founder of Match.com; Scott Banister, former PayPal board member; Naval Ravikant, founder of AngelList; Rich Nelson, former managing director for M&A at IAC.
by Binu Paul
See full article at VCCircle
This post also appear on InternetDatingInvestments.
HeTexted – Crowdsourcing Love Advice
CNBC – Dec 16 – HeTexted is pairing women with strangers who can answer their relationship questions. All advisors are required to sign a nondisclosure agreement. Users can leave comments and rate their advisors on how helpful they were. The start-up has raised $720K through 500 Startups and the New York Angels Entrepreneur Catalyst Fund.
Interesting Book: ‘Date-onomics’: How To Play The Numbers Game To Find Love
ABCNEWS – Dec 15 – A new book on dating explains why is it so difficult for young women to find the "right one". According to the book's author Jon Birger, it is not their fault. It's the demographics. Among college grads in their 20s, Birger says there are four women for every three men. He writes that women will have more luck in Silicon Valley, San Francisco and Columbus, Ohio. As a result of this imbalance, in the future we will see more of what he calls "mixed-collar marriages."
Bid To Block Teenagers Under 16 From Facebook Scrapped
YORKSHIRECOASTRADIO – Dec 16 – A European Union plan to ban the use of social media sites for those aged under 16 has been scrapped. Technology companies lobbied against the idea, and now member states will be allowed to choose their own limit between 13 and 16 years.
Tinder Is Being Sued Over Its Cancellation Process
LAWYERSANDSETTLEMENTS – Dec 14 – Dating app Tinder is the focus of a consumer rights class-action lawsuit launched in California. Tinder is alleged to violate the consumer law known as the Dating Service Act. The Dating Service Act, which covers dating services and gym memberships, requires that these businesses afford consumers a "cooling-off period" after they sign up and put their money down. Tinder failed to allow users to cancel within a 3-day period.
Post-IPO Talk With Sam Yagan, CEO Of Match Group
COLLECTIVEWISDOM.IO – Dec 15 – Match Group just went public, raising $400M. Sam Yagan spoke about how to handle negative PR, how to learn to love churn, and why founding a dating startup is harder than dating itself.
HIV Dating App HZone Leaks 5,000 People’s Private Details
MIRROR.CO.UK – Dec 15 – HZone, a dating app for people with HIV, has allegedly leaked the data (names, date of birth and email addresses) of ~5K users who may all be HIV positive. The breach took place in November, when the HZone database was reportedly left unsecure and accessible.
Ashley Madison Hack Was Not A Wake Up Call
THE GLOBE AND MAIL – Dec 16 – The data breach that aired the personal dealings and financial information of Ashley Madison clients has yet to spur concrete changes in security. Months later, public interest in the hack has faded – and so has the incentive for companies to beef up their security. Avid Life Media will likely bounce back.
by Paola Loriggio
The full article was originally published at Globe and Mail, but is no longer available.
Europe Is Considering Banning Social Media For Teenagers Under 16
CHIPCHICK – Dec 15 – A recent amendment to the EU-wide set of laws would require children 16 years and younger to get parental consent before signing up for accounts or downloading apps. The rules will be discussed tomorrow before going to multiple European parliament committees for a vote and, ultimately, seeking ratification in the European parliament next year.