AUSTIN BUSINESS JOURNAL – Nov 5 – Interested Inc, the parent company of ThreadDating.com, a mobile dating app aimed at college students, has raised $585K of a planned $610K financing. Interested was founded by 17-year-old Zachary Dell. It claimed 1K members last month.
by Christopher Calnan
See full article at Austin Business Journal
This post also appears on InternetDatingInvestments.
AUSTIN BUSINESS JOURNAL – Oct 16 – The startup founded by Michael Dell's 17-year-old son, Zachary, claims 1K members. The app enables users to select from several associated activities and places to match up with other like-minded students. It then enables the matches to message each other.
by Christopher Calnan
See full article at Austin Business Journal
AUSTIN BUSINESS JOURNAL – July 28 – ThreadDating.com, the app that Michael Dell’s son Zachary plans to launch later this year isn’t the first dating tool known as Thread. In 2009, a group of San Fran entrepreneurs raised $1M to launch Thread, a dating site that integrated with Facebook to make matches based on mutual friends. By early 2011, it had closed. It’s unclear what type of business model Zachary's Thread plans to use. "It takes ~5,000 log-ins per day for a dating site to be successful. And the amount of activity is more important than the number of members," said Mark Brooks. "Advertising revenue is negligible because users are too distracted to pay much attention to ads," he said.
by Christopher Calnan
See full article at Austin Business Journal
AUSTIN BUSINESS JOURNAL – July 23 – Zachary Dell, the son of Dell CEO Michael Dell, is getting into the online dating business by launching ThreadDating.com, a mobile dating app for college students. In April, several publications reported that Michael Dell’s 20-year-old daughter, Alexa, was dating Sean Rad, the CEO of Tinder.
by Christopher Calnan
See full article at Austin Business Journal