Zoosk Raising 50 million?

Former employee says  zoosk is raising 50 million.   The market is insane right now i’ve never seen so much dealmaking going on behind the scenes as i do now.

More info on OKcupid,  revenue in 2007 was 1 Million,  in 2008  they wanted to reach 2 million but never made it.

http://www.inc.com/magazine/20090501/update-a-dating-site-picks-a-marketing-strategy.html

Pageviews  on okcupid doubled between 2008 and 2010  so i’d estimate  2010 revenues at around $4 million.

http://www.quantcast.com/okcupid.com      This is also what renub research projected for okcupid.  They did projections for all the major players.

Interesting how much things have changed in 2 years.    2 Years ago pof had no employees and nearly all of our revenue was from adsense.    Now adsense is under 5% of revenues and falling.   2 years from now the dating space is going to be totally different again especially for free sites.

OKCupid bought…

IAC bought Okcupid.com for $50 million in their third attempt to get into the free/freemium dating market. Congrats to the okc team.    I think its the first free dating site acquired.   No word yet  if Dave Evans gets to keep his office at okcupid.

Match paid a insane ebitda multiple for the company if you apply the same multiple to POF and Badoo we’d have a billion dollar valuations each.   The market has been in a massive state of flux the last year and will continue to be so this year.