eHarmony is an online dating/matchmaking site that uses its patented Compatibility Matching System™ to match singles. In November 2004, eHarmony raised $110 million in a Series B round of financing from Sequoia Capital, Technology Crossover Ventures and Tuputele Ventures. It had earlier raised $3 million in Series A from Sarofim Fayez and Co.
Takkle is a social network for high school sports, where students, athletes, coaches, and fans share their passion. Takkle has a strategic alliance with Sports Illustrated. Takkle allows students to create their profiles and upload their stats, photos and videos for college recruiters. In November 2007 Takkle raised $7 million in venture funding led by
We have discussed the online real estate industry and Zip Realty in 2007. Here we will take a look at Zip Realty’s recent situation, it performance and its options.
Rich Barton and Lloyd Frink, founders of Expedia, launched Zillow, a real estimate site in Feb 2005. Zillow is known for providing free home valuations called Zestimates, which are somewhat accurate. Zillow also provides house specs, graphing, mapping, and analysis tools. Zillow launched Smart Search along with enhanced Neighborhood Pages that makes it easier for
LinkedIn is a professional business networking site founded by Reid Hoffman in 2003. It allows members to showcase their profiles and caters to the age 25-65 professionals demographic. It generates revenues via subscriptions and advertising. Recruiters use the site to tap talent, and is LinkedIn’s primary revenue generating segment. In 2003, LinkedIn secured $4.7 million
It is raining cats and dogs. Electricity was out this morning and we just got it back. I am very behind in everything, including my writing. But here we go … Yesterday, we discussed the Kayak-Sidestep roll-up deal, and its implications on Google. Trulia is a real estate vertical search engine that could be a
Introduction The New York Times Company is a leading media company that publishes popular newspapers The New York Times, The International Herald Tribune, The Boston Globe and 15 other daily newspapers. NYT owns approximately 30 websites, including NYTimes.com, Boston.com and About.com. The Company’s revenues for 2006 were $3.3 billion. The Company has sold off its
Conclusion McClatchy is in the business of publishing newspapers, which is in turmoil due to the falling advertising and circulation revenues, and McClatchy is a victim of that trend. Falling real estate, auto, jobs and personal advertisements have resulted in the sharp fall in vertical classified revenues. McClatchy is trying to recover. The key reasons