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SpeedDate Gets Six Million In Funding

Posted August 28th, 2008 by Jeremy Schoemaker

speeddate


Today on Techcrunch there is a article about SpeedDate.com and how they just got 6m in funding.

ShoeMoney readers might remember about this time last year I interviewed Dan from speeddate.com about his new startup:

I love stories like this. When I originally met Dan he was looking for just a small amount of seed money… just to help him get it going. And now its big time. Congrats to them!

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- Comment Likes - Comment Dislikes

51 comments. What say you?

  1. Good Comment?
    Matt Helphrey

    Yeah 6 mil is a little more than seed money. Congrats!

  2. Good Comment?
    Harish

    People including me often dream of doing interviews of great men.Any way cool video

  3. Good Comment?
    jack

    it’s very hard to compete with the big boys when it comes to online dating , 6m seems like a penny compared to big dating sites budget.

  4. Good Comment?
    bob

    Some dating sites make big coin, 99% do not earn a penny.

  5. Good Comment?
    Myrtle Beach Rentals

    It amazes me some of the sites that are getting funded.

  6. Good Comment?
    sergio.dares

    yaaaahoooo – a way to go :) !

  7. Good Comment?
    Dustin Cucciarre

    LOL now this is my kind of dating!! Online and fast!

  8. Good Comment?
    Eva White

    Given the number of closet romantics around, such a site is bound to succeed.

  9. Good Comment?
    Jason Online

    good job guys, dreams do come true!

  10. Good Comment?
    Lowongan Kerja

    It is always nice to hear another success stories like this..

  11. Good Comment?
    SawanM

    Congratulations to them, and to their awesome budget! Imagine $6m *drool*

  12. Good Comment?
    Zac Johnson

    Excellent, now they just need an affiliate program!

    • Good Comment?
      Jewellery

      Expect one in the next couple of months. I’m sure they’ll be rolling one out now that they have some serious funding.

  13. Good Comment?
    EntreBlast

    Congrats to him! Success stories make me happy. :)

  14. Good Comment?
    wesley

    ‘t was a great idea, but as has been said, can easily be duplicated by the bigger sites if they wanted to. Still, he’s already got the funding :)

    • Good Comment?
      Matt

      To further my comment above – if he was looking to be successful I’d be using the site as a proof of concept but I’d be looking to package the idea as a product for the bigger sites.

      If you make it easier and more cost effective for them to buy it from you instead of develop there own then you’re onto a winner.

  15. Good Comment?
    Matt

    It’s an interesting concept but I don’t think it’s a viable business in itself. I think if it begins to take off you’ll see it incorporated by the bigger players into there site.

  16. Good Comment?
    poor jokes

    6 million funding is simply gr8 hope he makes right use of the bucks

  17. Good Comment?
    James

    That is actually a pretty cool idea – sad, but cool.

  18. Good Comment?
    JumboCasher.com

    Now not to mention speedy funding here…

  19. Good Comment?
    JumboCasher.com

    dating has always been fun… now with the funding… its gonna rock…

  20. Good Comment?
    mohawkdonkey

    great. Now girls are going to know I’m a wierdo right off the bat. I think I’ll stick to stalking teenie bops on myspace.

  21. Good Comment?
    Craig

    That’s a great starting point for them, hopefully now they can turn that into a huge ROI. Not an easy feat these days but there’s hope for everyone.

  22. Good Comment?
    meethere

    Thats awesome and congrats to them. They grew tremendously large :)

  23. Good Comment?
    River Girl

    That’s alot of seed money!

  24. Good Comment?
    Patrick

    Thats a nice chunk of change. Way to go speeddate.com!

  25. Good Comment?
    LetUsReviewIt

    I myself don’t see the appeal in online dating and meeting people for love online but it seems like it is a niche that converts well and there is a hell of a lot of money in it.

  26. Good Comment?
    Tom Jones

    This is great news considering that venture capitol is not falling off trees as it once was.

  27. Good Comment?
    Freeman

    Wow! This is awesome! Six million in funding is not bad at all! Cool idea too!

  28. Good Comment?
    Bryn Youngblut

    Genius idea for a dating website.

    • Good Comment?
      Dick

      I think that any idea which brings his master 6 million, there is a good idea. I would even say that this is a fantastic idea. -)))

  29. Good Comment?
    Paul

    How??? How does someone get seed money or millions in investment capitol? Where did he find the money or find someone to listen to his idea?

  30. Good Comment?
    web hosting rebates

    they got the money now, let’s see what they will do with them

  31. Good Comment?
    Ultimate Blogging Experiment

    6 million is pretty good for this type of web site.

    • Good Comment?
      Dick

      I think this is good when people can quickly get a successful project. This provides an opportunity to feel confident.

  32. Good Comment?
    Brad

    It’s always fun to see the little guy hit it big time! *6 million* whoa….

  33. Good Comment?
    jim of Blueprint for Financial Prosperity

    It’s great when a good idea can find funding, I thought it was a clever idea when you first posted it but Dan never actually says you chat via webcam (though he implies it).

  34. Good Comment?
    Monty's Mega Marketing

    Actually, I should be getting $6 in funding soon too. Oh wait, you said $6 MILLION. I mis-read…lol.

    • Good Comment?
      Le Melon

      haha
      Nice site! With those ads in the sidebar, I’m sure you’re not getting less than $6 :-P

  35. Good Comment?
    Brent

    Cool, congrats to those guys. Nice site. That is one of those ideas where you kick yourself for not thinking of it first.

  36. Good Comment?
    Online Dividends

    That’s very good news. Shows you that VC’s are not afraid of the economic slump we;ve been since 2007..

    • Good Comment?
      Jewellery

      Thats because they created their funds before the slump.

  37. Good Comment?
    cheap used cars

    Congrats to these guys! The dating space is so hot right now, and there is money flying everywhere. I hope they can get some good traction and make some money.

    Also congrats to shoe for not copying and pasting the whole techcrunch story even though he has “permission” :-)

    • Good Comment?
      stevewrightaz

      Seriously. There’s a ton of money to be had in the online dating scene. This guy is taking a pretty new approach and using a ton of video so that you can’t really fake it.

  38. Good Comment?
    team ray

    great concept but i dont know if they reach eharmony status or even match.com status. why folks are picky with who they are communicating with on dating sites . and a great portion of folks on dating sites arent very good looking,have flaws, lack of selfesteem etc….. this site forces you to have 1-1 interactions where such flaws cannot be hidden through building up your profile to be more then you really are ,photoshopping, or stealing someone else pics. the reason why eharmony is so successful is 1.the folks on there are serious about dating 2.good marketing 3,good user experience 4.paid service. if this site can draw serious folks who are serious about dating it could be something special but i fear it will be nothing but a toy to the 18-28 demographic mostly female crowd

  39. Good Comment?
    SEI Design Group

    Read that also this am in Techcrunch. That is an amazing amount in a short period.

    • Good Comment?
      Jewellery

      Sites have gained more then this before leaving stealth mode. Its a decent chunk for the service being provided.

  40. Good Comment?
    Chris Mac

    This actually sounds like fun… I’d participate AND invest with it :)

    • Good Comment?
      Gossip

      Actually that is a lucky guy, :)

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