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Plenty Of Fish Attempts To Buy True.com

True
  • Wednesday, November 27 2013 @ 08:01 pm
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Watch out, IAC - Markus Frind may be coming for your crown!

For a long time, IAC (InterActiveCorp) has been the undisputed ruler of online dating. IAC's businesses include Singlesnet.com. SinglePeopleMeet.com, OurTime.com, OkCupid.com, and, last but certainly not least, Match.com. Add it all together, plus IAC's numerous successful ventures outside of the dating industry, and you've got a seriously unstoppable force.

Markus Frind, CEO of Plenty Of Fish, recently attempted to score another piece of the kingdom for himself and push IAC an inch more off its throne. True Beginnings, the Texas-based owner of True.com, entered Chapter 11 bankruptcy protection in 2012 and is attempting to sell its assets. Frind was poised to gobble the site up, but Texas Attorney General Greg Abbott has protested the sale.

Citing privacy concerns, Abbott objected in federal bankruptcy court to the sale of True.com's 43 million member database. "At a time when privacy is an issue of grave concern to so many," he said in a press release, "we are taking legal action to prevent an online dating service from selling more than 2 million Texans' personal information without their consent."

True Beginnings told the court they planned to notify users by email that their personal information would be sold, but Abbott contends that the company must obtain each customer's approval individually first. "The proper course is for True.com and its bankruptcy trustee to seek the customers' permission before selling their private information to a third party," he explained, "and that's exactly what our legal action asks the bankruptcy court to require before the case proceeds."

When signing up for True.com, users are told that their personal data - including phone numbers, passwords, financial billing info, and browsing history - cannot be transferred without their consent. However, Abbot notes, ambiguous language found in the site's privacy policy quietly adds that members' personal information held in the company's database would be treated as a transferable asset in the event the company was acquired by a third-party buyer.

Unsurprisingly, Frind is not pleased with the development. "Who in their right mind is going to buy a dating site with 43 million members if you are not allowed access to those members?" he wrote in a blog post. "This would be like buying twitter but you don't get access to twitters users unless they agree to the sale."

Under the current transfer process, True.com member data will be transferred automatically unless the customer takes direct steps to opt-out. Abbot is instead arguing that customers should opt-in and directly express approval for the transfer of their personal information. Whichever way this goes, it's bound to set a precedent for all future dating site sales.

Is Social Media Giving Online Dating a Boost?

Are You Interested (AYI)
  • Saturday, November 23 2013 @ 08:44 am
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  • Views: 1,949

A few years ago, Match.com became a household name when it comes to online dating. Now that mobile apps like Tinder have gained popularity and people are looking to newer and niche online dating sites like JDate or How About We, people are starting to see what else is out there.

In fact, social media, and Facebook in particular, are becoming players in the game. While traditional sites rely on new sign-ups and static searches, social media-friendly dating sites and apps pull information from a vast pool of active Facebook profiles and introduce you to friends of friends in your network. This has become a big draw for people, because most singles feel more comfortable meeting someone new if they have a friend in common. This is especially true for women, who are sometimes skeptical of the safety of online dating.

According to an article in Wall Street Cheat Sheet, entrepreneurs are just beginning to understand the importance of utilizing social media in industries like online dating, which could mean big revenues in the future. LinkedIn has gained traction in the social media space because the platform focuses solely on job seekers and networkers looking for career opportunities. There is a sense of trust when someone comes recommended for a job by a mutual friend or co-worker, so companies are looking to the service to attract new employees. So why not apply the same principal to those looking for a date?

AreYouInterested.com Reveals Cities with the Pickiest Women

Are You Interested (AYI)
  • Thursday, November 21 2013 @ 06:51 am
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  • Views: 2,725

Women can be picky daters. At least, that's the stereotype. We like our men to be incredibly hot, smart, successful, and charming, and we aren't willing to settle for anything less, right ladies?

Well, maybe that holds true for women in some cities, but not others.

According to data released from dating website AreYouInterested.com, women in Brooklyn are the pickiest daters in America (coming in ahead of Los Angeles and Manhattan). The website compiled this information based on 453,000 interactions of women ages 18 and up, noting that Brooklyn residents are the least likely to reply to messages from potential dates. Men would have more luck in Jersey City, New Jersey.

Behind Brooklyn, Detroit, Minneapolis, Cincinnati and Los Angeles also ranked highest for the pickiest daters.

But perhaps creativity has something to do with response rates. AYI.com also found that emails engaging the respondent ("where are you from?") worked much better than emails just saying "hi," or "what's up?" which fell flat.

Other interesting findings:

  • Women are 71% more likely to respond to someone if they have a mutual friend on Facebook.
  • Women are three times more likely to respond to a younger man than men are to respond to a younger woman. It seems cougars are in among AYI.com members!

The cities where women are most likely to get in touch after a potential date has reached out include Miami, St Louis, Las Vegas and Portland, Oregon. So guys, on your next Vegas trip you might want to consider moving permanently.

AYI.com has an interesting base of users though - it's not strictly an online dating site, but identifies itself as more of a social discovery site. Members don't only join for dating purposes, but also to form friendships. Social discovery sites provide a place where people can meet and socialize online - to make friends, play video games, exchange music, or a number of different things - not just to date. Which means users who join stay around longer, even after they meet a significant other.

So are women picky about their friendships, too?

According to its website, AYI.com has more than 70 million installed users and over 3 million Facebook fans. It offers an integrated Facebook app, iPhone app, Android app and website, and works by connecting members to each other based on mutual Facebook friends and interests.

The company is owned by SNAP Interactive and you can find more details on them by reading our review of Are You Interested.

HowAboutWe Now Has An Extra $4.2M To Help You Find Love

How About We
  • Saturday, November 16 2013 @ 04:14 pm
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  • Views: 1,229

Lately, a dear friend of mine won't shut up about HowAboutWe. Every time the subject of online dating comes up, she has to - at least once - talk about how much she's over OkCupid and how much she loves HowAboutWe. And it looks like she's not the only one who thinks the future of online dating is the activity-based dating site - HowAboutWe has just raised $4.2 million in the name of helping singles find their mates.

HowAboutWe is a modern approach to online dating that hopes to appeal to the unique needs of a new generation of daters. Instead of relying on a matching system based around online interactions, HowAboutWe seeks to connect users offline over shared interests and activities. Members post specific date ideas to the site - beginning with "How about we..." - and await responses from other members interested in having the same experience.

The point is to make it easier to meet new people in real life, where the magic actually happens. The deepest connections happen after you've met face-to-face, so why waste time sending messages back and forth when you could jump straight to the good part?

HowAboutWe is also revolutionizing the online dating industry by creating a service that caters to couples. Members who are paired up but still looking for fun activities to keep the love alive get access to a wide range of experiences offered at discount prices. The site's free concierge service can even help members see sold out shows, go on free dates, and plan special occasions.

"Almost all existing online dating sites are oriented towards keeping people online - messaging endlessly and browsing infinite lists of repetition profiles," founders Aaron Schildkrout and Brian Schechter told VentureBeat. "Online dating as a business has a terrible churn problem because these companies lose their most successful customers. We've become the first dating site to provide a meaningful, on-brand service for our happiest members. In doing so, we became the first dating site that doesn't want our users to fail."

That's a nice warm fuzzy thought, isn't it? Sorta?

Now that HowAboutWe has massively expanded its potential user base, it's ready to put those millions of dollars in funding to good use. With the new financing, VentureBeat reports that HowAboutWe plans to scale by adding new products and services, and expanding into new markets. With a total capital raised of $22 million, it sounds like HowAboutWe users have a lot to look forward to.

How Online Dating Sites Use Data To Find Love

How About We
  • Saturday, November 09 2013 @ 08:03 am
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  • Views: 1,232

Every day online dating sites get just a little bit smarter. With every piece of info typed into a profile or search bar, dating platforms collect a new piece of data about how singles look for a partner and what they want in their relationships.

It gets more sophisticated all the time (facial recognition software, anyone?), which has to make you at least wonder if one day the Internet will be better at finding love for us than we are at finding it for ourselves. There's the plot to a Hollywood thriller in there somewhere...

But I digress. To discover how some of the biggest dating sites in the world are matching members, Mashable spoke with the talented men and women behind some of the most high-tech algorithms out there. If you've ever wondered how your personal data is used to find the love of your life, wonder no more.

MATCH

As the largest dating site in the world, Match.com has unprecedented access to dating data. Members fill out anywhere from 15 to 100 questions, as well as free-response essays, and are assigned points based on each parameter in the system. Those with similar point scores have a higher chance of being compatible.

Match also looks into what members say they want in a partner vs. who they actually pursue on the site. By carefully observing members' behavior, Match gets a more accurate picture of what they're really looking for. Match constantly updates and refines its algorithm to make it as effective as possible.

HowAboutWe

HowAboutWe takes a different approach to online dating by encouraging members to get offline and on actual dates.

"Our deepest insight is that it's difficult to predict chemistry online," said Aaron Schildkrout, HowAboutWe co-founder and co-CEO. "That's why our ultimate focus is on actual dates. Get offline - that's where the chemistry happens."

Like Match, HowAboutWe relies on analyzing user behavior to make recommendations. Self-reported data, like political affiliation, is much less important on the site.

COFFEE MEETS BAGEL

Coffee Meets Bagel is at the forefront of the social dating revolution. CMB matches users through a mix of behavior on the site and personal info culled from Facebook.

"People talk a lot about big data these days, but the biggest area of opportunity is incorporating social elements into that through user inputs such as friend recommendations," said Coffee Meets Bagel CEO Arum Kang.

"Ultimately," she added, "we believe, like Facebook does, that our members do a better job than algorithms at regulating human interactions."

How About We offers Service for Couples

How About We
  • Thursday, October 31 2013 @ 07:01 am
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  • Views: 1,123

How About We may be the first online dating site that offers a service especially for couples. Their latest venture, How About We For Couples, aims to plan, book, and arrange dates for people who are looking to spice up their relationships. They launched in New York and San Francisco and are planning other cities in the near future. So far, they have 130,000 couples signed up.

The founders noticed a trend among couples of relying on Netflix and take-out meals for entertainment, losing the magic that comes with the headiness and excitement of a new relationship. So instead of sitting on the couch, How About We for Couples provides ideas to get you both inspired and to cultivate relationships instead of letting them go stale.

How About We have been innovators from the beginning. When its founders Brian Schechter and Aaron Schildkrout first started researching the online dating industry, they noticed a fundamental problem: online dating sites don't push people to meet offline and build relationships from there. In fact, the industry's success depends on members sitting in front of their laptops scrolling through endless profiles rather than forming real life relationships.

With this in mind, the founders created an innovative new way to date online - by taking it offline quickly. Members post and view first date ideas, rather than scrolling through dating profiles. An example might be, "How about we...go for a picnic in the park, followed by live music at North Bar?" If someone found that idea enticing, they'd connect with each other and set something up. The focus is not on the dating profiles, but on the real-life meeting.

The problem? It became too successful. Many users of How About We started to couple up, and the company started to lose members. But instead of messing with its success, the founders extended the basic premise of great date ideas to those who are already in relationships.

The How About We editorial team comes up with the date plan, which centers on fun new places to go and creating opportunities for the couples to really connect. If you want to upgrade, you can purchase their concierge service to have How About We plan your date down to the smallest detail, like delivering flowers or hiring car service for the night.

"We're curating the dates for our couple members. The concept is still the same, but we've become the experts," Schildkrout told news magazine Business Insider. "This really filled out the whole vision of the company, which isn't only about helping people fall in love, but also about helping people stay in love."

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