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Old 07-27-2007, 09:18 AM   #1
Pornwolf
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Article in the NY Times about mainstream investors in porn... lots of money for some

Read the story here

Quote:
Originally Posted by NY Times
SAN FRANCISCO, July 26 ? Except for the sexual twist, Friendfinder Inc. sounds like the quintessential investment prospect for venture capitalists. The company, based in Palo Alto, Calif., operates social networking sites that boast 140,000 new registrants a day, and $200 million in annual revenue.

But the company?s main site, Adult Friendfinder, helps people meet for purposes of having sexual liaisons. The content, including explicit photographs and language, has put off mainstream investors.
?Over the last 10 years, we?ve met with a dozen venture capitalists,? said the company?s founder, Andrew Conru, who holds a Ph.D. in engineering from Stanford. ?The conversations end fairly quickly.?

Times and investment tastes may be changing. Mr. Conru said that in recent months he had received more sustained interest, and follow-up calls, from potential investors. More generally, mainstream venture capitalists and private equity funds are starting to show interest in companies that make and distribute pornographic entertainment and sexually related products and services.

Congrats to Abyss Al. I didn't know they were dealing with that kind of money.

Who do you think might be ready to get millions invested into their company?

Pimproll? Ox Ideas?
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Old 07-27-2007, 09:21 AM   #2
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200 million a year.....
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Old 07-27-2007, 09:22 AM   #3
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lordy lordy
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Old 07-27-2007, 10:27 AM   #4
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yowza!!!!
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Old 07-27-2007, 10:32 AM   #5
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Well, there's a HUGE difference between PORN sites and AFF, actually....
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Old 07-27-2007, 10:37 AM   #6
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Abyss Al?
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Old 07-27-2007, 10:41 AM   #7
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Originally Posted by TheAmericanCannibal View Post
Abyss Al?
That's what I believe. He is part of the Waat family.
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Old 07-27-2007, 10:41 AM   #8
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Quote:
Originally Posted by tranza View Post
Well, there's a HUGE difference between PORN sites and AFF, actually....
Read the full article bro.
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Old 07-27-2007, 11:19 AM   #9
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Read the full article bro.
Can you link the full article then?
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Old 07-27-2007, 11:21 AM   #10
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Read the full article bro.
Link the full article bro.
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Old 07-27-2007, 11:24 AM   #11
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Sorry Bros, I forgot the link.

Here ya go
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