I mean creepily Linked In-stalk your favorite venture investor.
We live in an interconnected world that is filled with readily accessible information. But, before you start spending hours and hours on the internet looking for the right VC, build a profile of your ideal investor by asking yourself the following questions: Now that you have your ideal profile, you can start your research.
Look for the firms or individuals that match this profile. I guarantee it.) It’s time for you to turn on that charm.
Here’s a simple fact: It’s super hard to get a dating product funded by mainstream Silicon Valley investors, even though it’s a favorite startup category from 20-something entrepreneurs.
There’s a large swath of angels/funds who categorically refuse to invest in the dating category in the same way that many refuse to invest in games, hardware, gambling, etc.
So, the takeaway from this: despite our terrible experiences with online dating sites and matchmaking apps, it’s much better to stick to our current tools than to go off and create an entirely new dating startup.
Unless you truly believe you can provide something better than Tinder, it’s better off starting a company in a different industry.
Perhaps they’d make an exception for a breakout like Coffee Meets Bagel (I’m an advisor) or Tinder, but in the main, it’s an uphill battle for dating apps to attract interest.
Here’s some data on the few dating cos that have raised.in German—men cutting limestone for the Prussian construction industry stumbled upon some bones in a cave.Looking vaguely human, the bones—a piece of a skull, portions of limbs, and fragments of shoulder blades and ribs—eventually made their way to an anatomist in Bonn named Hermann Schaafhausen. And, when you finally pick one, you are entering into a long-term relationship that can last anywhere from seven to 12 years. [Let’s just say that if I had a dollar for every time I gave my sister that advice, I’d have my own venture fund.] For those of you who have no idea what I’m talking about, I’m simply trying to say: Don’t date until you are ready. And I don’t mean creepily Facebook-stalk the crush from high school that you never had the courage to ask out. It’s every father’s favorite quip to their daughter — or every older brother’s favorite quip to their baby sister.According to CB Insights, VCs invested a mere .8 million into online and mobile dating startups in 2014 – that amount is nothing when compared to the larger startup landscape, in which 0 million deals to individual companies have increasingly become a norm.