General News

eHarmony in the United Kingdom launched in July 2008. It is just over a year later and they now have 400,000 members. For the first couple of months eHarmony was giving out free 90 day subscriptions to all new members (see Story), but beyond that they did not do a lot of marketing. According to Greg Waldorf, eHarmony's chief executive,

... last year's launch was deliberately "soft" so the company was not left in the awkward position of having lots of members of one sex signed-up without a sufficient number of the opposite sex to provide enough suitable matches.

For comparison, a competitor of eHarmony's in the United Kingdom, Match.com, has had 6.5 million singles signup as members since launch (a number of years ago).

Successful women like Loretta Talbot (a senior project manager at Wyeth), Sabina Ptacin (owner of two successful companies) and Sonia Sotomayor (Supreme Court Justice) all agree on one thing, being successful in your job and financially, is more of a handicap in the dating game. As men age and become more successful in their careers the opposite is true, their financial success is deemed a positive attribute and they become more desirable for women.

Women's work hours have increased steadily over the last 30 years, especially in the professional, technical and managerial positions. A 2004 Harvard study found that 17 percent of women working in these fields worked 50 hours or more a week. As women work more hours some things have to give and it usually is dating and romantic relationships.

Successful women also tend to be more assertive and decisive, traits that a lot of men are turned off by. This means successful women usually find themselves acting more submissive on a date than they normally would be in everyday life. In most social dating situations it is expected that the man will ask the woman out, pick the location of the date, and pick what wine is best for dinner.

A lot of successful women are now turning to online dating to find a compatible partner. In the last 2 years, the online dating service eHarmony has seen a 85 percent increase in women members who earn over $125,000 a year. Matchmakers and one on one dating coaches who can charge $50,000 or more have seen their revenue increase 8 percent since 2005 to around $260 million a year, with a lot of this business coming from successful women. The total dating industry annually earns $1.8 billion, according to Marketdata Enterprises.

For more on this story, read Forbes Woman. To find out why eHarmony is attracting so many successful women, read our review of eHarmony.

Touch and date - that's the way with the iPhone! Online dating has made the process of getting out and meeting new people easier than ever before. But dare we say the iPhone has made dating even easier? There are enough iPhone dating apps to fill a bucket and have it runneth over, but to help you save time, we've gone through the best of the best and made this short list for you to review. Some of the apps are free, some are affiliated with major online dating sites. Whatever your preference, use the following list to your advantage. Spend less time searching and more time meeting!

Match.com iPhone App
Designed to work hand-in-hand with your Match.com online dating account, this app is not only FREE, but it's very intuitive to use. While you cannot view all of the information you would generally view if you logged in on your computer, you can see pictures, read profiles, wink, save favorites and send messages. The interface is well-designed and they've recently added a new feature where you can search for other members of Match.com who are nearby and send them a message! Other cool features are the ability to take photos with your iPhone and instantly upload them to your Match.com profile and edit your profile information on the fly.

It looks like eHarmony has topped the 30 million member mark (unofficially). According to the Unofficial eHarmony Blog and their super sneaky technique of finding the total membership count, this milestone happened on September 10, 2009. To find out for yourself where eHarmony is at, you just have to check the JavaScript source code of the membership page.

To find out more about this dating service, check out our eHarmony reviews.

It's Just Lunch partnered with American Way In Flight Magazine to poll airline passengers about dating. One of the first question they asked passengers is, how long does it take them to decide on the first date whether they will go on a second date with the person?

• 13 percent would give their date longer than 1 hour.
• 22 percent usually gives a date 1 hour.
• 66 percent of respondents said in the first half hour of meeting a person is when they decide if they will ever go out with the person again.
• 16 percent said they decide in 5 minutes.
• A further 5 percent know right away.

During a conference call about the IAC/InterActive Q1 2009 Earnings report, the owner of Match.com and CEO of IAC, Barry Diller, mentioned they had been talking to Yahoo about the possibility of purchasing their dating site, Yahoo! Personals (see Story).

With this latest news article from Bloomberg it looks like Mr. Diller is not planning to make any new purchases anytime soon.

Diller said in an interview yesterday that he has no plans to make any major acquisitions ... Diller said he would rather invest in IAC’s businesses than acquire large media companies, which he sees as overvalued.

Diller also mentioned at the Goldman Sachs Group Inc. Communacopia conference in New York, that IAC has too much cash at the moment but he doesn't see a better return than investing in their own businesses. At the beginning of July 2009, IAC had $1.61 billion in cash and $95.8 million in long-term debt. The New York based company had also repurchased $300 million in stock since August 2008. Since the beginning of this year IAC stock has risen 31 percent to close above $20.

In my opinion these statements by Diller while not mentioning Yahoo Personals directly, makes it clear he has no plans to buy the dating site. By purchasing Yahoo Personals he would be investing in the dating industry, but not directly into one of his existing businesses which is what Barry Diller says he plans to do.

For more information on the dating sites mentioned, read our Match.com review and our Yahoo Personals review.