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In that way, it’s more similar to a financial or health product, where some privacy is required.
Again, one of the ways that the new generation of mobile dating products solve this is that they are free plus focus more on casual dating.
Perhaps they’d make an exception for a breakout like Coffee Meets Bagel (I’m an advisor) or Tinder, but in the main, it’s an uphill battle for dating apps to attract interest.
Here’s some data on the few dating cos that have raised.
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I’ve been listening to the excellent Season 2 of the podcast Startup, which gives an inside look at YCombinator startup The Dating Ring (NYT coverage here). They talk about many important topics, but I had some specific comments on fundraising for dating products.
Built-in churn Churn sucks, and the better your dating product works, the more your customers will churn*.Venntro Media Group is the company behind the award-winning Saa S platform White Label Dating.Founded in 2003, White Label Dating is a leading Saa S business that empowers media brands and marketeers to power their own fully branded online dating sites.You can reach our Customer Care service from Mondays to Fridays, 9 am - 6 pm GMT 1.As our team is based in Berlin, Germany, please take time zone differences into consideration.