BUSINESS INSIDER - Mar 29 - Marc Simoncini, Founder and CEO of Meetic, the biggest dating site in Europe worth ~$500M on the Paris stock market, is investing $10+ million into Sensee.com and taking over as CEO. Sensee.com sells eyewear and has an ambitious goal to cut in half the average bill in the category. Simoncini has been looking for an exit from Meetic, a thriving success but by now a fairly mature business, which must be boring for the restless entrepreneur. He put the site up for sale last year but could not find a buyer at the price he sought. He also set up a venture capital firm, Jaina Capital, with 100M euros of his own money.
by Pascal-Emmanuel Gobry
See full article at Business Insider
Mark Brooks: I know the perfect buyer for Meetic. M***h.com. Can you guess?