Plentyoffish: 1 (Actually 2-3) Man Company May Be Worth $1Billion(readwriteweb.com)
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Plentyoffish: 1 (Actually 2-3) Man Company May Be Worth $1Billion
http://www.readwriteweb.com/archives/plentyoffish_one_billion.php
5 comments
Amazing! The next coming years we'll proabably end up seeing teenagers working alone in their bedrooms, making companies that outrun myspace and facebook. Imagine your 16 year old son rich enough to buy a private jet.
The $10k per day number is only interesting if you understand the marketing numbers. If he's spending $20k per day in marketing, the business isn't that interesting.
what marketing do you think he is doing?
I have a feeling its mostly word of mouth and a high ranking for 'dating site' in google
I have a feeling its mostly word of mouth and a high ranking for 'dating site' in google
He does radio ads[0] and tv ads on shows like "The Bachelor"[1]
[0] http://onlinepersonalswatch.typepad.com/news/2006/01/plentyo... [1] See comment from Reddiance http://plentyoffish.wordpress.com/2006/12/29/yahoo-to-surge-...
[0] http://onlinepersonalswatch.typepad.com/news/2006/01/plentyo... [1] See comment from Reddiance http://plentyoffish.wordpress.com/2006/12/29/yahoo-to-surge-...
Hmm, 1.2 billion page views a month, and only making $30 mil a year?
I don't think I'll go into the ad business...
I don't think I'll go into the ad business...
Wow, this is pretty impressive... I don't know about the valuation, but the revenue is awesome.
John.