Plan, Do, and Deliver Less
Jaron wrote an intriguing post today on
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As a consultant I often work with entrepreneurs working on their first startup. Sometimes I am asked to review business plans and financial spreadsheets. Some business plans are 32 pages long and cover every imaginable circumstance, down to the smallest detail.
I also see my fair share of seven-screen Powerpoint presentations. Guess what, the seven-page version can get funded as often as the 32-pager. Length and level of detail are not what gets you funded. A scalable idea with a great management team is often what investors are looking for. More is not always better.
Financial projections are often all over the place. The one thing that is common to most is that the revenue projections are so far out of alignment with reality as to be amusing.
Throwing caution to the wind, and old tried-and-true business adages to the wind, Rework, the new book from 37Signals, is a great read for anyone [...]
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Online Dating Industry News March 10, 2010
Jaron wrote an intriguing post today on
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The HowAboutWe.Com Date Contest: Here’s the deal. Propose your best NYC date idea as a post on our Facebook Fan Page. The people (one guy, one gal) whose dates gain the most “Likes” win! And HowAboutWe.Com will pay for the winners to go on their dates for up to $150! (See details below about how to enter.) If you want ideas for the contest or want to hear more about the story behind the site, check out our newly released Blog.
Zoosk has a new Director of marketing communications, welcome to Kate Brooks.
Zoosk has 50 million members in just over 2 years with 100,000 new singles joining the community daily. Zoosk is clearly comparing themselves with the top five paid dating sites. Ballsy comparison, but one look at Zoosk and you’ll see that it’s basically morphed into a dating site, with some useful features like paying to show up more prominently [...]
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Speed Dating Goes Mobile
dave@digicraft.com wrote an intriguing post today on
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SpeedDate released a new version of it’s iPhone app that allows users to quickly meet and connect with singles using their smartphones.
Speeddate claims that the application is a giant leap forward in the online dating industry as it’s the first to deliver instant notifications once email messages have been read and allows unlimited browsing of millions of photos and profiles anywhere, anytime.
I get the same features on several dating apps. Not sure about the validity of this claim.
SpeedDate Mobile is fully integrated with SpeedDate.com, giving singles the ability to manage contacts and update their profile from a smartphone.
Download SpeedDate Mobile at http://itunes.apple.com/WebObjects/MZStore.woa/wa/viewSoftware?id=303604914&mt=8&s=143441.
© 2010 – visit OnlineDatingPost.com to view original post.
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Shareholder Battle Over Spark Networks Escalates
Jaron wrote an intriguing post today on
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The following letter was sent to the board of Spark Networks Inc. (NYSE Amex:LOV) March 8, 2010 in opposition to Great Hill Partners’ bid to acquire the company.
Dear Board Members,
Osmium Partners beneficially owns 6.1% of Spark Networks common stock. We are outraged and deeply disappointed to see that Great Hill Partners (GHP) offered a 5% premium to market to acquire the 56% of Spark Networks that it does not already own, for a paltry 5.2 multiple of enterprise value to heavily depressed adjusted EBITDA. When GHP invested 5 years ago, the valuation equated to $6.95 a share or 11.2x current EBITDA, and after growing EBITDA significantly over that time frame GHP now expects to buy out fellow investors at a multiple of 5.2 times adjusted EBITDA. Recent results are encouraging with Jewish Networks’ subscribers growing 10% over the last two quarters. We believe in a fair sale process that included [...]
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Seeking Couple Who Have Tested Dating Sites Matching Systems
Jaron wrote an intriguing post today on
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Katy says: I’m a Columbia News Service reporter interested in speaking with couples who have met offline, who have later joined dating sites to see if they would be matched up or to test the site’s claims. I’m also interested in speaking with people who won’t join established dating sites like eHarmony and Match.com, but will use Facebook and other social media to find dates. Please contact me at kbo2104@columbia.edu.
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The Disastrous Effects of Online Dating
dave@digicraft.com wrote an intriguing post today on
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The Disastrous Effects of Online Dating provides new rules for 21st Century dating, what you can do when the rules are broken, and ways to get through the tough times. Learn what men and women think of the new rules, read typical online dating profiles of men and women, and listen to first-hand experiences with online dating. Finally, we hit the pause button for a moment to consider ways we can instill more dignified dating and make the modern views of monogamy and commitment work for us.
© 2010 – visit OnlineDatingPost.com to view original post.
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eHarmony is Taking Social Media Risks
Jaron wrote an intriguing post today on
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Here’s a Facebook update from eHarmony. They get a lot of people answering their questions, regardless of the topic. I like how the first person bashes them, gets called on it, and then the stories begin to flow. That’s how this stuff works. Everyone has an opinion and you can’t censor them because that often leads to a PR nightmare. Ignore the haters and focus on the positive and try something new tomorrow. Nobody really knows what works and what doesn’t, experimentation is key.
© 2010 – visit OnlineDatingPost.com to view original post.
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Jon Stewart on Chatroulette
Jaron wrote an intriguing post today on
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The Daily Show With Jon Stewart
Mon – Thurs 11p / 10c
Tech-Talch – Chatroulette
www.thedailyshow.com
Daily Show
Full Episodes
Political Humor
Health Care Reform
Perhaps not the last post I do on the latest Internet phenomenon, but easily the best. Amazing the Stewart got so many top broadcasters to play along.
© 2010 – visit OnlineDatingPost.com to view original post.
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No Longer a Bright Spark
Jaron wrote an intriguing post today on
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Today’s guest post is by Ross Felix. Ross has been paying close attention to Spark Networks for quite some time and is well-versed in the challenges it faces today.
Spark Networks reported their year-end results on Thursday March 4th. Much of their results came in as expected with a few big surprises. All in all, it was yet another poor showing for the company.
The Numbers
Net Revenues for the year $45.4 million, down for the 4th year in a row. Total revenues are down 34% since 2006. Excluding the General Market Networks, revenues are only down $387,000 or 1.6% for the same period. That said, management has maintained for the past 6+ quarters that they are “managing the decline of the brand” in reference to the General Marketing Networks, and obviously, they have been very successful in doing so. The question is, why are they managing the decline? Perhaps they should either [...]
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IntroAnalytics Behavioral Recommendations Initial Results Analysis
dave@digicraft.com wrote an intriguing post today on
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Gavin Potter at IntroAnalytics has written a white paper titled Making Behavioral Recommendations Pay, An Analysis of Returns Achieved. I am pleased to see some of the early results discussed publicly. While not exactly earth-shattering in terms of depth, I applaud Gavin for making the results available and urge him to continue to update. In fact, IntroAnalytics should follow OKCupid and blog when they have enough data to work with. That would be outstanding. A few tidbits of information below.
There has been a substantial increase in activity on all sites which have implemented the IntroAnalytics technology. Detailed analysis of site traffic indicates that the introduction of the IntroAnalytics product leads to an average 20% increase in site traffic.
Detailed analysis of site activity shows that most users prefer to view profiles based on the selections provided by the IntroAnalytics technology rather than the traditional search built into the sites.
One surprising result [...]
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