HERALD SCOTLAND - Mar 9 - Bill Dobbie and Max Polyakov, founders of Cupid, have each netted £10.8M after selling a total of 12M shares. The sale, equivalent to 14.8% of the company, comes just days after Cupid revealed that Mr Polyakov, its business development director, has quit to launch a social gaming business in the US. Mr Dobbie and Mr Polyakov each sold 6M shares at 180p each. The buyers were institutional investors. Following the disposals Mr Dobbie retains 13.8M shares, some 17% of the company, while Mr Polyakov has 12.6M, or 15.5%.
by Tim Sharp
See full article at Herald Scotland
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Its tough to imagine a Cupid/EasyDate without Max. He's been the driving force of Cupid's growth for since it started. [Full Disclosure: Cupid/EasyDate were a former client of Courtland Brooks]
Posted by: Mark Brooks | Mar 10, 2012 at 04:01 PM