AdultFriendFinder SOLD???
 

http://www.techcrunch.com/2007/11/17/whoa-adult-friendfinder-may-have-been-acquired-for-1-billion/

The world?s basest online dating site may have had a major liquidity event. Palo Alto based Various, Inc., which owns AdultFriendFinder and scores of other sites, has been acquired, says a source with knowledge of the deal. This is a single source rumor, but the quality of the source suggests, as it has in the past, that the rumor is accurate.

The company, which was founded by Andrew Conru, is rumored to now have revenues in excess of $300 million annually. The acquisition price is said to be 3x revenue, or around $1 billion.

We?re digging now for confirmation of the deal, and to find out who the buyer is.

jesus...

is that for real?

Well techcrunch.com doesn't usually post april fool's jokes... and its november. This should be interesting

lol you jackass, you posted this after i posted the link in irc, and was making my thread!

THEIF!

haha

Gotta type faster :frenchman

only 3 years revenue?

you just wait mister, i'll get you back! :1orglaugh

sig spot!

wow interesting

oh crap :Oh crap we had an NDA and somebody on their side has loose lips.

will76 back off! i don't want you chasing me around when i take over control. i'm going to hire you for some upper management position so chill.

makes me think they're anticipating a decrease in revenue.

I mean... you have a cow whose milk you sell for $100 per month. There is nothing wrong with the cow. You sell the cow for $300. You lost money. NO?

1 billion .

3 years revenue not 3 months dipshit, but still not alot...

They're selling for 36 months revenue not 3. They're selling your cow for 3600$ not 300.

i bought it

don't call a person a dipshit and then spew feces yourself....

you missed my point and that is that nobody anticipates the revenue decreasing even in 3 years, so it seems like either they know something we don't or they don't know something we do. either way it's dumb.

much like yourself apparently...

I bought it. I am redirecting all the traffic to Zango.

no fucking way...

so by how much did they raise the sale with the zango, torrent marketing
policy/strategy ?

I wonder if the new owner will clean up there advertising practices or if he's just another lowlife piece of shit like lars and andrew

sigspot! see sig make cash

when they say aff sold do you think everything that goes with it like cams.com and gayfriendfinder or do you think its just aff on its own?

I was wondering the exact same thing

is that new? i heard Penthouse bought them like 6 or 8 weeks ago.

I'd say this is good timing for selling right now.

$1 Billion is a lot of money specially when
we don't know how much profit they make
every year.

Good move.

:)

wow. That is sooo much money

damn... big deal if thats real...

1 billion wooohoo

Only billion?That's little compared to other similar things.

In the article it says they make profits of about $300 million so about 3 years rev is what they got. To be honest that looks like a good deal for them. Adult does not get the 10-20 year multiple that mainstream companies get due to many, many reasons.

If it is true I say congrats on an exit well done!

Did you go to the Techcrunch event last night at Estate?

says the guy who makes $1500 per month :error

wow i hope your not going to let him say that klen teler!!!

Wait til they learn out there are only 5 real profiles and the rest are spam nicks. Boy are they going to be pissed.

I think I was under a rock, I wasn't even aware of it!

Yeah. A billion dollars...

Dunno if I could squeek by on that chief.

Is it for real wow were talking about huge money [peace]

Laughing all the way to the bank.

I bet your fuckface doesn't make much more.

:1orglaugh:1orglaugh:1orglaugh:1orglaugh

Yeah it was last night at Estate. I was there with a buddy of mine from 6-7:45

Why do you need a cow ????

I seriously doubt someone is going to pay 1 billion dollars for aff.

They should have bought zango instead.

There's a lot of hate obviously out there for AFF but damn if I don't see their dating ads on just about every big adult site or TGP out there. Apparently everyone that doesn't post at GFY uses them ;)

:1orglaugh

Well considering their ads are all over the sites that giveaway our products for free without permission and the zango mess. I think some ill feelings are warranted. lol If I loved them I seriously doubt someone would pay for 1 billion dollars for company that cant afford to pay someone to monitor where their sales and traffic come from.

god damn that is ballin

lots of money