Why VCs keep falling in deep love with dating apps & Coffee fulfills bagel valuation

Why VCs keep falling in deep love with dating apps & Coffee fulfills bagel valuation

Love happens to be a tech market that is billion-dollar

Finding love on the net isn’t new.

Online dating sites, à la eHarmony, OKCupid and Match , purchased algorithms that are top-secret match singles for pretty much 2 full decades. But, a distinctive strain of smartphone apps — think Tinder and Grindr — centered on instant matching have actually revolutionized the market that is dating.

All looking to hit it big since then a slew of new startups hoping to mimic their meteoric success have managed to not only attract investors from across the globe but spawn a hodgepodge of imitators.

In modern times niche apps (sets from coffeeMbagel to Bumble as well as Sizzle (a free platform for bacon enthusiasts) have actually diversified the marketplace.

Hunting for a enthusiast whom must love dogs? There’s a software for this. (more…)