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.