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Dr Conru; FriendFinder CEO Interview

Filed in archive Business by Mark Brooks on April 06, 2005

Dr_andrew_conru_of_friendfinder

WALL
STREET REPORTER -- Mar 31 -- Some summary facts about FriendFinder; 25
million active members, 90 million signups since 1996, 80-90,000
registrations a day, 20 dating verticals including adultfriendfinder, alt, asiafriendfinder, amigosetc. 180 Palo Altolinks employees, 80 abroad in customer service and
photo reviewing, 250 all in. Friendfinder just acquired Cams.com (and hired Legendary Lars).

In the future FriendFinder will become more of a personal agent for
online daters. They are in acquisition mode and more amenable and
interested in going public than in the past. INTERVIEW @ WALLSTREETREPORTER



Mark Brooks: Employee numbers would include FriendFinder's marketing spinoff Medley.
Dr Conru got it right in 1996, and is now enjoying the rewards of some
very early, very smart decisions. He actually started webpersonals.comin 1994 and sold it off while he was at Stanford Uni.
Webpersonals ended up with Lavalife. At the beginning of 2004 Dr
Conru was quoted as expecting FriendFinder to make $75-$100 million
revenue in 2004. I'm sure they aced those numbers. An Alexa rank of 53 for AdultFriendFinder, no less. (Andrew's bio and personal pages).
There are two very clear strands in society emerging that are being
reflected in the online dating arena. (The uncommitted and the
comitted). On the one hand, casual/sex dating sites are doing
very well, on the other, relationship sites such as eHarmony, True and
PerfectMatch are ruling the roost.



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