Category: Jack’d

Grindr’s Performance Issues Could Doom Its Relationships

Posted on December 13, 2013

Grindr logo new dec 13FORTUNE – Dec 6 – One serious glitch is all users need to abandon one service for another. Just ask the Friendster folks. Grindr's consistent user complaints are creating opportunity for competitors like Jack'd or Scruff. Yosuke Matsuda made Jack'd fast and reliable. 5.4M users registered for the app, 1M log on daily. That's still shy of Grindr's 7M registered users and 1.2M daily active users. But Jack'd began outpacing Grindr this spring, adding 100K monthly active users. Grindr's monthly active user base is growing ~200K over at least seven months.

by JP Mangalindan
The full article was originally published at CNN Money, but is no longer available.

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Great Insights On Manhunt’s Acquisition Of Jack’d

Posted on November 27, 2013

Jackd logoOPW – Nov 25 – I talked with the Chairman of Manhunt to find out more about Manhunt's acquisition of Jack'd, announced last week. Here's the summary of insights Jonathan Crutchley was kind enough to share.

Jack'd was started in early 2010 by Yosuke Matsuda, a young Japanese engineering student who was working on his master's degree at Cornell University. Yosuke programmed Jack'd from his dorm room while at school and launched it with the Apple and Google stores as a hobby. Yosuke now works for a company in Seattle, Washington. He decided to sell Jack'd to Online Buddies, Inc. when his hobby (Jack'd) made overwhelming demands on his time. He was the sole employee of Jack'd, and he just didn't have time to run the app as well as keep up with the demands of his daytime job.

  • As far as financials and numbers go, Jack'd is a very new product. Its best days are ahead.
  • Manhunt signed the acquisition deal about 6 months ago, when Jack'd had over 2 million active accounts and about 1 million daily unique users.
  • ~Half of Jack'd daily users are in Mainland China, and those numbers are growing fast.
  • Jack'd was bought for its traffic rather than its revenue.

See the rest on the CB blog.

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Online Buddies Acquires Gay Dating App Jack’d

Posted on November 14, 2013

Onlinebuddies logo new Nov 13PR NEWSWIRE – Nov 13 – Online Buddies, the company behind Manhunt.net, acquired Jack'd, a location based gay dating app. Jack'd, Manhunt, and the Manhunt Daily blog receive a combined 2M unique visits daily, making Online Buddies the largest gay dating company. Jack'd launched in 2010 and since then 5M men have installed the app.

See full article at PR Newswire

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This post also appears on InternetDatingInvestments.