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Do you have any idea how much they were making? http://onlinedatingpost.com/archives/2010/02/at-okcupid-openness-is-the-key-to-success/ http://onlinedatingpost.
by JoachimSchipper 16y ago
Do you have any idea how much they were making? http://onlinedatingpost.com/archives/2010/02/at-okcupid-openness-is-the-key-to-success/ http://onlinedatingpost.com/archives/2010/02/at-okcupid-open... suggests $15 million in revenues.
And selling a business with $6 million in investment for $50 million is likely to be lucrative enough, anyway (and you'd hope that they were turning some profits to justify the $50 million.)
- weeksie 16y agoFrom what I can tell, the article you linked says that PoF is making $15mm in revenue. If OkC were making 15mm in revenues why in the world would they sell for $50mm? That just doesn't add up. Their overhead outside of bandwidth costs wasn't that high, they employ 10-15 (I think) employees and have a small office in Chelsea or sommat. Their profits would be enormous if they were generating anything near that.