"Online dating service and IAC property Match.com is getting into the highly-targeted subscription dating game with the acquisition of People Media, which it is taking off the hands of publicly traded PE firm American Capital and a host of other investors for $80 million in cash. The deal includes the purchase of about 27 targeted dating sites with a combined 255,000 paying subscribers, including BlackPeopleMeet.com, BBPeopleMeet.com, LDSPlanet.com, SingleParentMeet.com and SeniorPeopleMeet.com." "People Media, founded in 2002, had $11.6 million of EBITDA in 2008 and quotes Jupiter Research as saying the combined revenues of the targeted dating service business are expected to reach $1.2 billion worldwide this year. Still according to the announcement, People Media, besides exclusively powering multiple AOL Personals communities, reaches nearly 4 million internet users each month. Match.com attracted about 5.8 million unique monthly users in May 09 according to comScore and reported $9.9 million in operating income before amortization last year." #online_dating #acquisitions #sites #IAC #subsidiaries #money #nostalgia #affiliate_marketing #pub

_So in 2013, revenue of $316 million, profits of $129 million, and $130 million paid to a separate company created by Notch, licensing the IP_ "Mojang more than doubled its profits in 2013, earning around $130 million in total. According to data given to The Wall Street Journal, the Minecraft developer increased its profits from SEK325 million to SEK816 million ($129 million) in 2013. Revenues were also on the rise, up 38 per cent from 2012 to hit SEK2.07 billion ($316 million). Overall, 38 per cent of the company's total revenue came from sales of the PC version of Minecraft. Console sales accounted for 30 per cent, and around 25 per cent came from the game's mobile version. The fact that Mojang's earnings are still rising on the basis of a five-year-old game is testament to its lasting appeal." #ballers #games #money #revenue #statistics #tech #pub

"CEO Shane Smith's goal of "total media domination" took a major step forward on Thursday with the announcement that Vice had raised $500 million in funding evenly split from A&E Networks and technology investment firm Technology Crossover Ventures (TCV). ... A&E and TCV each took 10% stakes in Vice, valuing the Brooklyn-based company at $2.5 billion. ... The move paves the way for Vice to appear on television screens across the U.S. A&E, a joint venture between Disney and Hearst Ventures, operates 10 cable channels including some with broad distribution. A move into television beyond its HBO show is seen as a natural move for Vice. ... Vice has enjoyed a meteoric rise in value in the past year. The company had taken no known major investments until August 2013, when 21st Century Fox took a 5% stake that valued the company at $1.4 billion." #funding #media_companies #money #news #valuations #web_2.0 #pub

$635 million is a lot. Baller for OpenDNS #acquisitions #ballers #money #pub

From Yahoo Finance: It's rare, but techs have lagged in initial public offerings this year. The tech sector usually leads all sectors in number of IPOs and proceeds raised. But the sector accounts for just 11% of all IPOs ... #IPOs #money #stocks #revenue #tech #tech_companies #toread #pub

#from:DONote #from:phablet #unicorns #startups #lists #guiltypleasures #best_of #funding #money #silicon_valley #tech_companies #valuations #my_porn #pub

#B2C #SaaS #cheap #investing #money #monthly #personal_finance #trial #freemium #$kippt_bookmark #robo_advisors #research #tier:1 #pub

#B2C #SaaS #cheap #investing #money #monthly #personal_finance #student_pricing #$kippt_bookmark #robo_advisors #research #tier:2 #pub

#B2C #SaaS #cheap #investing #money #personal_finance #pub

Jan Koum, co-founder of whatsapp sold $950M+ aka ~$1B of stocks between August 30 and Oct 25 2016. #stocks #boss #boss_peeps #money #stock_market #Facebook #whatsapp #pub

#instagram #acquisitions #Facebook #boss #money #pub