Markus Frind, the dating that is online sole shareholder, claims heвЂ™s staying on as business CEO
PlentyOfFish CEO Markus Frind and wife Annie
Markus Frind estimates the absolute most he ever committed to their business ended up being $500.
вЂњWe were lucrative from 1,вЂќ said the founder associated with PlentyOfFish (POF) internet dating service, вЂњso an investor had not been one thing I experienced to be concerned about. dayвЂќ
FrindвЂ™s rival that is biggest, the Match Group, established July 14 it absolutely was buying POF and including the Vancouver-based business to its profile of internet dating solutions that features Match.com, OkCupid and Tinder.
Whenever POFвЂ™s sale closes later this Frind will have turned that $500 investment into US$575 million year.
вЂњThe genuine cool benefit of Markus, and PlentyOfFish and therefore success, is the fact that it certainly goes from the old-fashioned knowledge of investors,вЂќ said Boris Wertz, founder of variation One Ventures. Continue reading