A lot of newspapers have written about Smartdate.com from France which managed to grow without any venture capital. Due to its success in France, they have received loads of vc in order to expand in other countries. But now, let's see how it goes:
Quite embarrassing really....despite millions of cash, the site seems to be dying?
Also flirt.com, backed with plenty of money from its ipo, could perform better:
However, Cupid Plc also maybe focusses on other sites of their network more right now.
All of their dating sites are probably competing with each other, so that only the best dating sites will be kept in the long-run.
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