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Adult Friend Finder Bought for $500 Million
Fri, 12/14/2007 - 12:23 — travis-blakeMarc Bell and his group slapped down a whopping 500 Million for the company that owns Adult Friend Finder, amongst other dating websites. Yes, that is $500,000,000! w00t
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Copyright 2008 Northstar Productions, LLC.
Copyright 2008 Northstar Productions, LLC.
For Adults Only. All models were 18 and over at the time of the creation of such depictions.
Comments
At $10 a month, that's about 20,000,000 horny sex seekers.
I had no idea there were so many paying customers.
Shoulda built a pornsite instead of visiting them.
And Craigslist has been doing this for years for free.
I'm only about $499,975,000 short myself.
What I could do with $500 MIl.
If only I had $500 Mil sitting around.
And the market is only growing bigger.
I read somewhere that this division makes $200Mil a year, so 2-3 times earnings is a hell of a deal. Look at most of your public stocks which trade at 20-50 times earnings... Not sure why FF wanted out of porn so badly.
It seems like that happens to a lot of porn companies, doesn't it? 2-3 times earnings... I thought it was because of the stigma of running a porn company, which lowers the number of buyers.
But AFF wasn't really a porn company per-se. Its all still quite a bit of money!