Looks like a lot of news coming out today. Sparkpeople sold for $75 million the company has 2 million uniques a month on 67 million pageviews and the site isn’t even break even. I talked to chris while back and was sending them a hundred+ signups a day for a while. I also talked to eric when I was first starting out and he sold his company for $65 ? Million today.
I’ve come a long way in the last 3 years, today I’ve single handily built the largest dating site in the world with no employees. The site generates more relationships than match.com yet only makes a tiny tiny fraction of Match.com’s 300 Million a year. So today I sit at a turning point, the site has over 1.1 billion pageviews and 45 million visitors a month , the maintaince and all that annoying stuff is growing fast and there is no way to effectively monetize the site without employees.
PlentyOfFish is really an amazing story of a one-man operation that became one of the most trafficked sites on the web. If I put myself in Markus’ shoes I too am not sure what I would do, whether sell or develop. As Darren put it earlier today, and as Markus repeats in his post here, developing a business requires an insane amount of work.
with the amount of $$$ I heard the site brings in, it seems he could hire some help.
Sell the dating site and take your millions! Then move on to another start-up project. Good luck.