Woo Media Acquired By Zoosk - Online Personals Watch: News on the Online Dating Industry and Business

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twitter.com/rosswilliams

Interesting development and no doubt more consolidation to come.

I don't think WooMe ever recovered from the Horse's Head incident:

http://techcrunch.com/2011/02/02/woome-techcrunch40-finalist-20-million-in-funding-and-one-huge-scam/

Maybe this will be a warning to the other (some, much larger, worldwide) dating companies that still use these techniques.

Ross

Datinginsider

I loved the initial idea of WooMe but they took the quick money approach and this is what happens. Reminds me of SinglesNet, which was such a great acquisition for Match, right?

Of all the failed Chatroulette clones, perhaps shufflepeople was the most successful.

The value of Woo is not 10 million users, its the couple thousand paying customers.

Badoo is crushing it, and SNAP and Zoosk need to make some moves to shore up their positions. Who is SNAP going to acquire? Nobody is my guess. Instead, I can see Badoo buying SNAP and then being on the US stock market in a, er, snap.

In terms of Zoosk, investors have its valuation pumped way up, so an acquisition by Badoo seems unlikely.

Ross, I loved that TC article, its a classic and most investors have read it.

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