4 ms·
IIRC Plenty of Fish was doing like ~1m/y in ad revenue before the guy started hiring people in 2008. Probably a less viable option now given the ad landscape,
by noodle 6y ago
IIRC Plenty of Fish was doing like ~1m/y in ad revenue before the guy started hiring people in 2008. Probably a less viable option now given the ad landscape, but that one always stuck with me as a solo founder success story with a nontraditional path.
- adventured 6y agoThe Plenty of Fish story (for those unfamiliar): https://www.inc.com/magazine/20090101/and-the-money-comes-rolling-in.html https://www.inc.com/magazine/20090101/and-the-money-comes-ro... Circa 2009 "Today, according to the research firm Hitwise, his creation is the largest dating website in the U.S. and quite possibly the world. Its traffic is four times that of dating pioneer Match" "Until 2007, Frind had a staff of exactly zero. Today, he employs just three customer service workers, who check for spam and delete nude images from the Plenty of Fish website while Frind handles everything else." "Frind has set up his company so that doing everything else amounts to doing almost nothing at all. "I usually accomplish everything in the first hour," he says, before pausing for a moment to think this over. "Actually, in the first 10 or 15 minutes." "Plenty of Fish is on track to book revenue of $10 million for 2008, with profit margins in excess of 50 percent."
- cercatrova 6y agoHe didn't add new features?