CHICAGO TRIBUNE – Oct 23 – A matchmaking school is reporting growing enrollment. „People have dating overload – they’re on Tinder, Match, OKCupid,“ said Talia Goldstein, co-founder and CEO of Three Day Rule, Match.com’s „white glove“ matchmaking partner. „People are getting so confused by all the options that they are looking for someone to help them.“ Three Day Rule charges $3,5K for three months of personal matchmaking and $5K for a six-month package that includes date coaching, styling and professional photography. Some matchmakers say their clientele is getting younger. Business models among matchmakers vary widely. On the high end, Selective Search, charges $25K. 90% of the clients are men, who are matched with dates who do not pay for the service. On the other end is Project Fixup, a startup that charges $20 per setup.
by Alexia Elejalde-Ruiz
See full article at Chicago Tribune
See all posts on ThreeDayRule
See all posts on Selective Search
See all posts on Project Fixup
HUFFINGTON POST – Oct 23 – A new study published in the Journal of Computer-Mediated Communication describes an online dating „tipping point,“ when too much online communication before a first date causes a person to idealize someone they’re interacting with prior to actually meeting them face to face. That „tipping point“ occurs after 17 to 23 days, according to the study.
by Rebecca Adams
See full article at Huffington Post
BUSINESS INSIDER – Oct 22 – Like Tinder, Hinge lets users see profiles of single people nearby. They can like or nix a profile. Unlike Tinder, Hinge only connects friends of friends. At the end of 2012, Hinge only had $32K left in the bank. Justin McLeod’s, Hinge’s founder and CEO, raised $100K a few months prior, but only a few thousand people were using it. $25,000 went to a hail-mary pass: a massive 2K-person launch party in Washington. Two weeks before the party, Apple rejected Hinge’s app. The morning of the party, Apple finally approved the app. Hinge is now one of New York’s hottest startups. In July Hinge raised $4.5M, bringing its total funding to $8.6M. The app makes ~8M matches a month. (Tinder, by comparison, makes 15M matches per day).
by Alyson Shontell
See full article at Business Insider
See all posts on Hinge
THE STAR – Oct 21 – Between is a couples app that started three years ago by South Korean mobile app company. Moving beyond the Korean market, Between was made available in Malaysia last year when the company expanded its operations to the South-East Asian region. Between is a private social network between two people where they can keep in touch via IM as well as save and share photos of their special moments together.
by Chong Jinn Xiung
See full article at The Star
See all posts on Between
SUN SENTINEL – Oct 22 – Jewish community leader Barbara Black Goldberg and psychologist Nancy Gold started Elegant Introductions, a Jewish matchmaking business in 2013. The duo claimed they started the business to stem the tide of intermarriage within the South Florida Jewish community. Elegant Introductions will only work with Jewish clients. They charged $2,500 per client when they started in 2013, and now vary their rates for clients, without disclosing the actual price.
by Marvin Glassman
See full article at Sun Sentinel