KILLER STARTUPS – Dec 1 – Klip is a new mobile data app that allows users to search for matches via 21-second video profiles. Newcomers answer three random questions on video. Users can then browse and watch the profiles of others, liking them or moving on with a simple click. In the case of mutual likes, people can start chatting or "klipping." Klip was founded in 2016 after winning a Garage48 hackathon in Odessa, Ukraine.
by Roger Hollings
See full article at Killer Startups
AD WEEK – Dec 1 – Rob Segal left WorldGaming to join AshleyMadison's parent company, Ruby Corp in April.
Q: What was your initial reaction when you were contacted for the CEO job?
A: I did think that if it could be pulled off, it would be one of the great turnarounds of all time, and I wanted to be part of something that big. I had to get comfortable with it, and I had to make sure it was cool with my wife and with my family.
Q: How's that working out?
A: We gained 7M members since July, taking our total over 49M. Our female sign-ups are up 20%.
Q: Can you describe the typical user?
A: Our core users are in mid-30s and older, and they are educated with higher income.
Q: How do you monetize that base?
A: It's free initially, but as you want to use more of the service, you purchase tokens (which start at $49), and you become a paying customer. (They spend ~$200 a year on the site.)
Q: Can you envision selling ads on the site?
A: Big data's a very untapped opportunity for us—but we have to be very, very careful with how we do that. We would never share any data about a customer. In a year or two we might be there, but not right now.
Q: Where do you see your brands in the next few years?
A: We need to continue to build up trust. We'll position the sites as nonjudgmental platforms, with the customer base to help you find whatever it is that you are looking for in a discreet and secure fashion.
by David Gianatasio
See full article at AdWeek
BASEBALL NEWS SOURCE – Nov 30 – Vice Chairman Sam Yagan sold 59k shares of Match Group's stock (worth ~1M) on Nov 23rd and another 149,427 shares (worth ~2.7M) on Nov 22nd. Following the transactions, he now owns 59,646 shares in the company.
by Donnie Miller
The full article was originally published at Baseball News Source, but is no longer available.
This post also appears on InternetDatingInvestments.
ABC NEWS – Nov 30 – 57% of women and 21% of men report experiences of harassment in online dating, according to a 2016 opt-in survey by Consumer Research. A 2013 report by the Pew Research Center found that 42% of women age 18 and up who use online dating services report contact through sites and apps that "made them feel harassed or uncomfortable."
BUSINESSWIRE – Dec 1 – eHarmony has released user data from its 600k subscribers that revealed Dating Dealbreakers for both men & women, with being rude taking the top spot. 77% of men and 79% of women say that rudeness will end the relationship, lying came in third with 61% of men and 62% of women saying they wouldn' tolerate it. About 4 out of 5 men say they are fine dating someone who still lives with parents, but more than half of women say they won't date someone who hasn't moved out. Drinking is a much more acceptable behavior than smoking.
by Paul T. Horgan
See full article at HeatSt.com
