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This Is What Happened To Tinder's Predecessor
Before there was Tinder, which just won a student the Ira Sohn contest for best write up for an "underappreciated valuation" in IAC, there was Adult Friend Finder, aka FriendFinder Networks, a website whose sole purposes was finding, to put it bluntly, a fuck buddy.
And just like Tinder, back in 2011 when the early stages of the current gargantuan tech bubble were only taking shape, nobody could hide their enthusiasm about the stock.
BizJournals recalls the froth accompanying the IPO of that particular "matchmaking" site:
The FriendFinder IPO was first announced in 2008, but was received critically in the depths of the recession.
At first, the company posited that it could raise more than $400 million, according to SEC filings. But that amount shrank as the IPO was delayed.
Mark Albright, a Miami attorney who handles securities law, but was not involved in the FriendFinder deal, said he recalls its IPO came on the heels of those for Angie’s List, Yelp and LinkedIn.
“It looked like they were following behind the success of other social media companies. Outside of Florida, I don’t think FriendFinder had the same appeal as LinkedIn or the Silicon Valley names,” said Albright, a founding partner with Perlman, Bajandas, Yevoli & Albright. “At the time, I believe Penthouse Media companies were profitable, where the others weren’t. So it wasn’t a sexy IPO, so to speak, but it was credible.”
Sex toys, porn stars
When the IPO finally happened, it raised $49 million. FriendFinder shares have been in a virtual tailspin since it went public, and NASDAQ sent the company notice of delisting, which it is appealing.
Dvorkin alleges that, while the stock was tanking, Bell gave himself a raise and spent corporate money on things like “gift baskets of sex toys to non-businesspeople, funded restaurants and clubs, promoted the opening of a restaurant, used private planes for non-business purposes, hosted parties, dinners, trips, hired prostitutes and made payments to porn stars.”
This is what happened to the shares of AFF since going public: it lasted just 2 years before going, er, tits up.
This time, however, it's all different. Because you see: Tinder, unlike AdultFriendFinder, is "mobile"; it also has hides no ambitions about profitability in the near, or not so near future (AFF actually had positive EBITDA when it went public). And that's all that matters for the current generation of sophisticated investors: eyeballs (or in this case some other anatomical organ).
And then there is of course, Ashley Madison "a website for cheating spouses", which is looking to raise $200 million for its own unique set of ethically-fluid services.
Incidentally, the BizJournals article was titled "Prominent investors lose their money after FriendFinder IPO finds few friends on Wall Street." Fast forward to 2017 when the very same article will be republished, only with Tinder or Ashley Madison instead of FriendFinder. Because contrary to Fed-inflated popular delusions, it is never different this time.
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I watched my wife's cousin get sucked into scam after scam a couple years ago. Top prize was the "I'm a surgeon in Afghanistan and I need to get this soldier's gold back to the US."
Crazy thing was, no matter how much I talked to him about this "relationship" being a scam, his response was, "So, you think they're scamming her about the gold then?"
The closest thing he ever found to a real person were all the gold-diggers looking for sugar-daddies.
Loads of fake accounts? Sound slike FaceBook.
Did you mean FakeBook?
He meant BaceFook.
Say cheese! U've been Face Booked!
this is how fucking pathetic people are now. can't even open ur mouth to pick a girl up? wheres the fun? the hunt is 1/2 the excitment IMO.
come 'on boys who follow after our generation: walk up to a hot girl at a bar, put some bass/confidence behind your voice, and repeat my favorite pick-up line of all time:
"what's up"
or
"hi"
or
"hello, my name is ________"
The issue is also the fact that MOST women seem to pick mates on two caveats:
a) looks
b) money
This has always been the case, but even moreso today. How else does George Soros date women 50 years his younger? His charm?
Tinder connects people via looks; if they are fuckable to you, you swipe right.
Which is ironic, b/c once that guy fucks a chick, he's probably going out the left door for the next one.
"The issue is also the fact that MOST women seem to pick mates on two caveats:
a) looks
b) money"
So? Don't get involved with those types of women. But if those are the only types that you seem to be able to attract, then you deserve them...
Oh, there are good women out there....they are just really hard to find. And they also can be fickle; I think a major problem with domestic violence in this country is the fact that women just need to say, "no" more to assholes who maybe cute, but are just low life scum.
Of course, the being the empathtic beings they are, they think these men can be reformed like a puppy who is potty trained.
The lazy mans sarging source. I'm sure one day there will be a company that will produce his and her exo-skeletons to automate fucking once the hook-up happens. Comes pre-programmed with 600+ moves.
Is online dating ruining game?
http://www.returnofkings.com/24418/is-online-dating-ruining-game
I do believe it is and the author here goes into some detail. For those so inclined.
The competition shooting itself in the foot is nothing to complain about, makes my life easier (if I ever get divorced), just like bullion banks ruining the online gold game makes acquiring barbarous booty easier.
(There is often a bright side)
Actually after a while the hunt was the only thing that became interesting. Then when the 'trophy' was won I would think "do I now really have to go and sleep with her"?
Now I just want to have a good night sleep.
Looks like Marc Bell has experience with dot-com IPOs going to shit.
"Bell founded the web hosting company that eventually became Globix Corporation in 1989 at the age of 21[3] and served as its CEO and chairman of the board through the company's IPO in 1996[4] and into the dot-com bubble; as the company crashed along with the stock market in 2001, Bell was replaced as CEO.[5] Its market capitalization had fallen from almost $1 billion in 1999 to $5.87 million in 2002 when it went through Chapter 11 bankruptcy"
http://en.wikipedia.org/wiki/Marc_Bell_(entrepreneur)
Good stuff. You just can't keep a megalomaniacal sociopath down!
(Without a Justice System I mean...)
I keep being drawn to the sapphire in her belly button but first I look at the purse.
There are very few women online outside of the ones who are for sale.
I used to be married. Being for sale is what most women aspire to. Her plan of living off sugar daddies really did not work out well for her tho. She was too old fat and ugly but had been believing what I told her about being beautiful and desireable. She didn't realize I only said those things because I loved her then. She thru it away for some fucking even tho I told her she was welcome to look around when we were married. She was a stupid lady
Sounds like a really healthy relationship you had there...
Ah, the Internet. A place where men are men, women are men, and children are cops.
22winmag .....Yea in the days of phone hook up sites ~ it was usually only the tranies attempting to clone ya!
That Emily 23 girl, I'd most definitely want to IPO her... Insert _____ Often.
What is really awesome is when they recycle pics from late '90s porn sites.
I have a true photographic memory. I can see a face once and recognize it ten years later. I saw a pic used for a Tinder ad that was one of the hot internet girls in 1998. The girl is probably 40 now with no teeth from a meth habit and an extra 100 lbs heavier.
Sounds like she is a bit overblown.......
A few years ago Match got caught using a model's picture and that case ... 'disappeared' (most likely settled for a hefty sum).
I have to disagree with you. Meth and obesity don't usually happen on the same person at the same time. Meth=thin, strung out black eyes and no teeth. Obesity usually happens to pill poppers unless you've got a poor basketcase whose doing both heavily (and is somehow still alive at 40).
So whe was shopped, I mean photoshopped...
Why is anyone surprised by anything that trashy, low-class, sociopathic monkeys get themselves involved with?
Everyone who doesn't like pussy can't comment on this post.
I like Pussy Galore....
IDK she kinda looks like a beach
I'd hit that. Emily, what's yo number? 867-5309?
BR-549
1-437-284-8842 (or if you can't remember numbers, just spell out HEPATITIS C).
Tinder, the logical next step of Facebook.
She certainly has made the rounds...
https://www.google.com/search?tbs=sbi:AMhZZivFAKLuQcLhZFfkxywGlOUgE86GDF...
Yes, Google Chrome allows you to search the Internet for an image... Probably it's only useful feature.
I would believe that photo if I were in Bangkok, Manila, Jakarta and a few other locations nearby.
But maybe not, as they are often better looking and have hotter bodies.
The SEC & DOJ alone should be enough to support Tinder and fuel their IPO to the moon and back...
Putin regime continues to arm terrorists in east Ukraine and denies that – saying that they are simply sending humanitarian aid to those people.
Well.. today that humanitarian aid rockets… I mean “food supply” exploded and kept on exploding…
https://youtu.be/RFnjONnARCw
https://stopputinregime.wordpress.com/
Awesome. Anything to defeat the Kiev junta. I prefer to see the people rise up and skin these wanna-be fascists alive while the US trainers run for the hills, the way those at the drone base in Yemen ran away.
So many journalists who oppose the junta (as well as former Party of regions members) keep dying so suddenly in the Ukraine, some by "suicide"...and did you notice all the loud silence in AmeriKan media about them? Maybe you would like to discuss those? Nah. you got an agenda to push, and potatoes to earn.
Then you link Vice News (a pretend independent journalist outfit owned by Rupert Murdoch). They always seem to do a good job at being "edgy" in presenting the US gov't point of view onto people.
"So many journalists who oppose the junta (as well as former Party of regions members) keep dying so suddenly in the Ukraine, some by "suicide"..."
It looks like the Polish epidemic of suiciditis misteriosus has spread into Ukraine:
Mysterious deaths of high profile individuals haunt Poland
A little bit off topic....And don't bother, right now ZH'ers are trying to get into Emily's bikini.
oh. Pullease....cut your lunatic Bullshit.....were talking about pussy here
Yeah I hate the fact that American backed fascist neo-nazi military, for Kiev junta, is losing to those dirty commies too. But look at those TITS!
what do they need hundreds of millions of dollars in investor money for again?
How much does ZH cost to run, where is the ZH IPO, did we miss it?
Satan laughs and spreads his wings
who cares? as long as she spreads her legs.
"who cares? as long as she spreads her legs."
She won't. At least, not for free.
On those sites, the majority of the free women (I mean, not the hookers) are actually men. Fact.
Same with the Phone Sex sites. 90% of the women are men - which is OK if you're not choosy.
Yea it's amazing what tptb will do to clone the free shit that ain't affordable as competition for the soldiers needed of the cool aid that sure better not be lover patented and the passion assassin warlords competition to (peace) in the world of criminal ambitions for those who ain't bankrupt enough to go nowhere...
What a nice switch from those pictures of Hillary
del
I will tell you a secret.
It's much cheaper to visit a girl 10,000 miles away in Thailand. And she'll really adore you for your white skin and tallness.
Really ?
I hate to break it to you, but some of us aren't that desperate to be adored...
Thai women will also ignore you for free.
But they're very kind and nurturing and you wouldn't want them to do that. American women will take half your net worth just to go away.
If you can buy love for $100 a throw, it is still the best value.
Better than marriage which costs min $250 a pop, dating $150, whores $100 (20 minutes).
Too much garlic.
Hotties lure tourists in Holland - old duck does the fucking
How do you complete with Craigslist?
Not a fan of giant breasts, but...
...wouldn't you want to titty fuck that???
Does ZH have a comment of the day award? Thanks for the chuckle FD!
Tinder is a great app.
It allows you to meet women quickly, easily and overcomes social barriers to meeting attractive women of all social classes.
Tinder is MUCH better than anything else out there including Plenty Of Fish, OK Cupid, Match, and all of the ones where you have to pay them money to meet a hot lady.
"Tinder is a great app. It allows you to meet women quickly, easily and overcomes social barriers to meeting attractive women of all social classes."
This ad was brought to you by Tinder, Inc. And don't forget to check our Great Premium Coupons!
POF is where it's at. I've banged 100's of hoez off there. It's like grocery shopping for a piece of ass lol and it's free
I will give this a thumbs up just for the what the acronym POF stands for...
so its really 'Plenty of Fucks' then?
I cannot resist posting this PSA :
https://www.youtube.com/watch?v=hh4yp07UKEg
Man O Man there must be a serious depression going on that they are not telling us about.
Tinderella: A Modern Fairy Tale
www.youtube.com/watch?v=bLoRPielarA
I need Emily now.
Is that a parakeet humping her shoulder? Where's my damn glasses?
Clash of the Titans #10 Movie CLIP - Release the Kraken (2010) HD
https://www.youtube.com/watch?v=9HGMxZEl60k
drone delivered
hookers....
Dvorkin alleges that, while the stock was tanking, Bell gave himself a raise and spent corporate money on things like “gift baskets of sex toys to non-businesspeople, funded restaurants and clubs, promoted the opening of a restaurant, used private planes for non-business purposes, hosted parties, dinners, trips, hired prostitutes and made payments to porn stars.”
...That's Gangsta, and perfect behavior for 'the market'. Carry on Mr. Bell.
What makes me wonder is all the apps, that are not only not profitable, but seem to have no path to profitability. Pardon me sir. Where's the beef?
They can wrap this POS pump and dump with the nicest T&As' in America and at the end of the day, it is still a classic P&D crapshoot. Did they even bother changing the promo news releases on this? Getting horny basement traders to jizz all over their keyboards as they buy this stock all the way into the toilet.
Whatever, I'm sure the SEC is right on this.
Let's IPO this in China where American tits are every banana stand trader's dream.
I wonder how many people noticed the tide was going out in that photo.
hows'a come d'nigrow caen't look d'wimun in da eyes?
d'breasts ain' got no eyes, bruthah...
I got a blowjob on my first date on Tinder.
Just cost me $60
Its amazing how many of the 'profiles' on Tinder match up to the ads on backpage.com
And some of those girls are really into roses.
One of them had the nerve to ask me to bring her 300 roses for a first date.
Its amazing how many of the 'profiles' on Tinder match up to the ads on backpage.com
Sorry ZHers some of my collegues at UCLA look just like Emily. Yellen pays me with your tax dollars to be there. Together we study the how teenage women of the 18th century learned about morality and write essay's on Moby Dick. I like college.
ANYONE at UCLA would spell "colleague" properly, let alone properly use apostrophes.
ouch. That hurt.
Our tax dollars at work.
Trolling Intjforum.com =
amy@novuschroma.com
Amy Vaughn - INTJForum.com
www.intjforum.com
http://novuschroma.deviantart.com/gallery/
I keep tapping the green heart and nothing happens. I sure would like to help her with the fertility rite she's initiated with the navel piercing.
I've banged off tinder, okcupid, pof, and match
looking to bang off 10 sites by the end of this year...working hot or not and jswipe right now
To be honest I just click the link to see the titys. :-P
https://www.youtube.com/watch?v=FZ82_3tGM3U
lol