Chicago geek dating website
To hear him describe it, the whole thing is easy: “You’re going to launch, you’re going to get some success, [and] I’m going to buy you for cheap because you don’t have another bidder.
And then my business has grown.” Yagan, 36, is warm and quirky in person — and, yes, nerdy. “It’s going to get me fired some day,” he says with a grin, “and that’s fine.” Listening to him talk about his purchasing power as CEO of Match, it’s hard not to think of Revenge of the Nerds: Here’s a self-professed introvert who is now the de facto guru in a growing industry with, some feel, only barely tapped potential. “But this is a pretty great opportunity — being able to buy instead of always being on the sell side.” Indeed, Match buys so much that the list of significant e-dating competitors is short: Its biggest is e Harmony, which places an emphasis on marriage as the goal.
But IAC owns a formidable chunk of them and has continued the buying bonanza as a direct result of Yagan’s vision: “I like bringing in small companies, great entrepreneurs, wanting them to be incentivized to stay and work at a big company like Match or IAC.” Yagan says he gets emails, almost on a weekly basis, from people launching a dating site.
They want to know whether he would buy it or at least give them advice.
I’d rather be on Ok Cupid or Match, where I can write a 300-word essay about myself that’s really good.” Many daters, it seems, agree: The billion online dating industry is growing quickly, even as it is being consolidated — mostly by Match Inc., which Yagan helms. After that initial success, he says, he was still hesitant to consider himself an entrepreneur; Yagan wasn’t sure whether Spark Notes succeeded because of luck or skill. “It turns out that if you’re a 24-year-old whose only line on their resume says CEO, you are totally unemployable,” he says. He joined his friend Jed Mc Caleb to launch e Donkey, a P2P file-sharing service (akin to a Napster for video) that they scaled fast but shut down after pressure from record labels.
Before they created Ok Cupid, he and the same friends started Spark Notes, an online alternative to Cliffs Notes study guides, in 1999. Despite successfully rolling out two web companies, Yagan says, “I have never written a line of commercial code in my life.
Many of those in the last few years that scaled successfully have since sold.
As CEO of Match, Yagan says, he actually roots for new online dating competitors to launch, because he is basically the only buyer.
The legions of online dating websites now comprise a vast and varied web.
Please join us Thursday, July 21st at the Lincoln Park Zoo to see this rockstar lineup! Octopus, squid, and cuttlefish are much more than seafood.
These short-lived, anti-social, and occasionally cannibalistic invertebrates are making a name for themselves as highly intelligent beings, and we’ve only just scratched the surface of what they can do.
Each one has its own angle, but it’s unlikely any can grow to rival the size of Match or e Harmony, which recently brought back Dr.
Neil Clark Warren (you know him from the site’s ads) to run it after he retired in 2007.
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Sam Yagan, cofounder of Ok Cupid, never needed the services of the successful online dating website he and his friends created.