Why investors don’t investment dating
I’ve been listening to your season that is excellent regarding the podcast business, gives an internal glance at YCombinator startup The Dating Ring (NYT protection right right here). The episodes are typical great. They explore numerous topics that are important but I had some particular remarks on fundraising for dating items.
Here’s a fact that is simple It’s super hard to obtain a dating item funded by conventional Silicon Valley investors, though it’s a well liked startup category from 20-something business owners. There’s a big swath of angels/funds who categorically will not spend money on the category that is dating exactly the same way that numerous will not invest in games, equipment, gambling, etc. Possibly they’d make an exclusion for the breakout like CoffeeMeetsBagel (I’m a consultant) or Tinder, however in the primary, it is a battle that is uphill dating apps to attract interest. More