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50 ‘s the brand new 30 — Why we purchased Interests

50 ‘s the brand new 30 — Why we purchased Interests

Passions ‘s the first cellular-native dating software targeting the new fifty+.

In addition to betting and you will knowledge, dating was an excellent frown up on issue on venture capital industry. VC traders just do not spend money on relationship. Complete avoid. Since Andrew Chen informed me here, a few of the grounds generally speaking submit is:

  1. New impact your sector possibility is limited
  2. Second thoughts with the possibility of virality as well as on the scalability off paid buy streams
  3. Issues about the brand new high aggressive competition to the affiliate classes mainly focused up to now (we.elizabeth. millennials) together with proven fact that it’s difficult to extract value away from the individuals populations

Yet yet another age group of cellular relationship products are seen, delivering remedies for a few of the challenges discussed earlier.