Adult Friend Finder Sold!
The rumour from TechCrunch is that Adult Friend Finder has been sold for $1 billion.
Given their revenue of $300 this might not seem much, AFF’s revenue is approximately 3 times Facebook’s but the valuation is 16 times less!
However I think that AFF probably had grown about as big as it was going to on its existing business model.
This is probably good news for us, as the normal situation is that the acquirer mismanages the company to such an extent that most of the users leave. On the other hand, AFF is a great revenue source for us and it would be a pity to see that dry up.
November 18th, 2007 at 8:11 pm
Well maybe I spoke to soon. Over at Valleywag Andrew Conru denies the story saying it would be “sweet if it were true”.
I’ll be watching this really closely over the next weeks to see where it ends up.