140Love – the Ultimate Dating Service

sarah_silverman_jdate

It was post-Stockpickr, post-my marriage ending, post-me disappearing from thestreet.com and the financial times, post-my worst-selling book coming out (“The Forever Portfolio”) (see the story of that one and how it relates to dating), post the 2008 financial crisis. Post me spending the night at a motel in the middle of nowhere at the insistence of the police. The world was post-apocalytpic and we were now living in the radioactive fallout. No job was safe. No relationship left untouched. I didn’t know where I was living. I didn’t know how long I would live. The sunlight scared me. The survivors tried to put the pieces together. Or so it seemed to me.

I moved into the Chelsea Hotel. I’d leave it rarely, except at night. There was this gourmet hot dog place down the street, now shut down by the Department of health. It was my lunch every day. The rest of the day I’d read or look out the window. When I was a kid I would spend time four blocks away from there at my grandparent’s house. I asked my grandfather once where God was and he pointed out the window, “over there.” I think now maybe he was pointing at the Chelsea Hotel, where I was living.

I was dating. And becoming an expert at it. I tried every dating service. I went out with the former Serbian Olympic Swimming Champion. We met on J-Date. I went out with another woman who was a judge on some TV animal show. We met on J-Date. I tried e-Harmony but I was subhuman for the e-Harmony folks. I wanted harmony in my life.

(J-Date worked well for me. But I never met Sarah Silverman there)

On e-Harmony they make you feel out this questionnaire for what seems like five hours but in reality was probably more like four and a half. And then finally at the end they told me the bad news via a popup. “Our statistics show that people who list their status as ‘separated’ are unlikely to find a stable relationship using our service.’ They DOOMED me. What a mistake that was. Why couldn’t they tell me earlier. Then I would’ve lied. I was ready to get married again. I wanted to meet someone and get married.

I met one girl who fought terrorists for a living. I met one girl who had just divorced a $100 millionaire 20 years older. I met one girl who hadn’t worked in 20 years but lived in a beautiful apartment on the Upper East Side her father paid for. Another girl worked at a major bank and was willing to write whatever check it took for me to get divorced. I met two girls who were identical twins. One or both were lesbians. I liked the lesbian but dated the one that might not have been but she couldn’t handle kids. Plus a friend of mine had gone out with one or both of them and I didn’t like that and he couldn’t even remember. Everything was through dating services. The magic of the internet was amazing. This is why they created hypertext. So we could all finally meet each other.

I’d spend two hours a night instant-messaging, preparing messages, looking at pictures. I wanted to meet someone.

During the day what did I do? Nothing. I had a job still at thestreet.com but never showed up for it. Once a week I still had to do something on CNBC or maybe that was already over. I forget. I sat on a red-ripped chair. I tried to spy through the windows on 22nd Street to see if I could see anyone having sex. I taught one woman how to play poker in the hallway until random drug addicts asked us to be quiet because it was too late. I listened to another woman cry about how I would never be able to provide her a yacht on the mediterannean (I thought it sounded too boring and I would probably get burned).

So I decided to do something new. Something I was truly passionately interested in. Something where I could make a quick 10-20 million dollars because I figured it was that easy. I was only interested in dating. So I figured I’d make an online dating service. I had read about how plentyoffish.com was made by one guy in his livingroom and now he was making one million a month. That could be me. That would be me.

(screenshot of twitter taken November 8, 2006)

Howard Lindzon had showed me a little website, twitter.com, over two years earlier in early 2007. [See, 53 things I learned from Howard Lindzon] You have to try it, he said. “Everytime I take a shit,” he said, “I put the details, size, etc on twitter. Its hilarious. I have about 2000 people following my every shit.” I didn’t really get it. A year later I still didn’t get it. But two years later I was starting to get it. It was useless. But another way to keep in touch with many people who I would like but who would probably never be my friends.

I called up my old buddies in India, the ones who did Stockpickr.com. They, of course, were happy to screw up yet another project for me and charge me as much money as they possibly could while doing so. So I sent them the complete spec of what I wanted. Howard was on board. He had over 100,000 followers so I figured he could help me get distribution.

The idea was: you’d log in with your twitter account. You wouldn’t have to answer any big profile questions. And then people can browse your pictures and twitter feeds and determine if they like you and then send you messages through the service. Also, every day we’d use an algorithm to determine your ideal picks and we’d send you the twitter IDs of your “perfect matches”.

We got some investors excited and got enough interest to raise up to $500,000 or more. One of the investors was the woman who had started the very first online dating service, back in 1995. So we felt like we had a good thing going on. Also other people were interested in getting advice on how to manage their own twitter strategies so we named the company “140 Labs” so it would be more than just dating. It would be…everything! Some ad agency even wanted my help with setting up the twitter strategy for GM’s Volt launch. Why the GM Volt would need to have a twitter strategy was not my business to ask.

One time I was at a dinner. Everyone was saying what they were working on. I said, “I’m working on a dating site for twitter.” I thought everyone would start cheering and clapping. “What a GREAT IDEA!” they would say. Maybe someone would even present me with a trophy. I’m a winner. Then, the guy next to me said, “Wait a sec. I’M ALSO working on a dating site for twitter.” And everyone started to laugh. I turned red. It was as if they all said, “you guys suck.” Or even worse, “James, you suck. Because this guy is going to be the winner.” I tried to patch it up saying, “well, twitter is a big world.” But there you go, two twitter dating sites at the same surprise birthday dinner for Tim Sykes.

Meanwhile, GM wanted me to go to Detroit to talk about Twitter. And Jeff Pulver wanted me to speak at a conference about love and twitter. I was starting to feel anxious. I didn’t want to go to Detroit. I felt like I was in the ad agency business again and I gave that up 10 years earlier. And I didn’t know anything about love. What would love having anything to do with twitter anyway. That’s like panties with shit on it having something to do with nudity. I couldn’t waste time going to Detroit and I felt like a fake speaking at a twitter conference about love. What did I know about love? I was in the middle of a divorce. A few months earlier I had to be escorted to a motel by police. That’s what I knew about love.

We launched the site. By this time I had poured about $50,000 into it. Which meant I was being completely ripped off somehow. A site like this should cost no more than $4000. But I was off my game, off my practice. I had a lot of things on my mind. In order to succeed in business it helps to avoid these 9 ways to fail. I probably had eight of the nine happening to me on a regular basis. I had no chance.

People started to sign up. But it wasn’t fast enough. Howard tweeted it, I tweeted it.  We got about 100 signups. Then about 10 more. Then maybe 8 more. What’s going on? Why not faster? Why weren’t the servers going down because they were loaded with so many signups? And then it hit me: twitter is not anonymous. Look at this screenshot of these initial signups. Most of these signups were just friends but the point is: you can see their names. Dating services are mostly anonymous. They are like onions. You unwrap one layer at a time. First the mystery, then the sweet taste, then the identities revealed. Until finally you start crying.

So that’s ok. I could be a dating service and maybe sell it to another dating service while I raise the money and build other twitter ideas since I now had twitter skills. And I could also be an agency. And I can make twitter games. And I wanted to buy a site called tweetizen. And…And…And…I could do everything. I could be THAT twitter guy.

Some money got wired in from investors. On the day the next $500,000 was supposed to be wired in I woke up shaking. Physically shaking as if the bed was vibrating. I didn’t want to do it and my body was telling me. I couldn’t take the money. I couldn’t put that $500,000 in the bank. Not worth it to then devote years of my life to this idea. I felt like I was going to vomit.

The whole thing was just a bad idea. I wired back the money that had been sent in. I emailed everyone else: “don’t wire.” The whole thing is off. Some people wrote back. “Why?” they were all set. They really wanted to wire even though I was telling them no.

I never responded. Josh Stylman, a well-respected entrepreneur, even wrote to me, “after all of our meetings I at least expect you to answer me why you don’t want the money.” I never spoke to him again even though we have many mutual friends. I feel guilty about that. I’m afraid to run into him in the street. I just didn’t have an answer. My body was just shaking too much.

I shut it all down. The site itself lasted until about a week ago when Amazon’s cloud finally shut it down. I don’t think anyone found their true love on there. But it had been hard work and I needed a rest after that. Sometimes your head hurts so bad from all the people you disappointed, all the money you spent, all the energy that you wasted on a project that slipped away. It reminded me of the first date I ever went on.

When I was at the ripe old age of 17. It was in some summer program at a college (that was my definition of “summer vacation” during college. I let her cheat on my tests in Economics 101. Everything seemed so new and exciting. We saw the movie “Cocoon”. We sat and made fun of all the other first dates. We had ice cream afterwards. We walked. That movie was so sweet, Sophia Lee said to me. But without the use of computers I had no chance. Despite “Cocoon” being ‘so sweet”, Sophia Lee didn’t fall in love with me. And to this day I’m really upset that Sophia Lee never even spoke to me again.

—-

Follow me on Twitter

Oh, I totally forgot. I have some lessons I learned from this experience.

A) There are a million dating services. You have to work really hard to market them. I had no idea.

B) Twitter is not enough to build a business. Its been two or three years since then and only one twitter-related business has been sold. Tweetdeck. And it was sold to Twitter. So who knows?

C) The worst thing I did: dont’ be one of the “cool” kids. All of the pizzazz was happening around the tech meetups in NYC and it was all twitter twitter twitter. So I wanted to get involved in the mix. I wanted to be one of hte cool kids. I wanted to be the coolest. At the age of 41. I took the “cool kid” stuff and mixed it with my passionate interest: dating. What did I get? I got a new wife and a bad business.

D) If something is not working, shut it down. Start over. Don’t take the money. Else you become a slave, just as bad as the slaves in the pencil factory.

E) I had too many partners. Before the business had even started I personally had less than 10% of the company. I’m always in favor of giving up equity but this time I gave up too much to too many people for too little. I was doing deals left and right for a business that didn’t exist. Too much.

F) What I should’ve done. Built the site for $4k with no help from anyone except India. Skip all the hip cool meetups. I should not have spoken with anyone about it. Launched it. Got some signups. Seen if it worked. And if it didn’t, flipped it right away for peanuts to match.com or whoever.

But you know what: it all worked out for the best. I was only interested in dating while I was dating. And, after that, I found much better things to do with my time.

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  • Anonymous

    Thanks so much for the entertaining, true stories.  Keep ’em coming!

  • https://jarvisapp.com/ Jay Shirley

    When you have another idea to pursue, rather than go to India you should ask if someone in your following is interested. You know, someone with a strong technical background and successful history of web and app development. Maybe just someone with the last name of Shirley but definitely not someone from India.

  • http://twitter.com/eminiplayer E-Mini Player

    Educational and entertaining, as always :)

  • http://www.timothysykes.com Anonymous

    Haha thanks for mentioning my surprise bday party!! Good thing u never got this site up, STVI FFN LOV DATE dating sites get no love in terms of valuation

    • http://jamesaltucher.com James Altucher

      Yeah, I agree. Except the site did get up. And failted! WHatever happened to datetwit? And I just updated the post to put in the mention that it was YOUR party. I thought for sure you were going to propose to Daleela there. 

    • http://sayemislam.com sayem

      Whenever James mentions his “buddies in India” in his blog posts, I always think about Adarsh Pallian for some reason lol

      • http://jamesaltucher.com James Altucher

        Ha, he would be my “buddy in Canada”. I had a team in india build stockpickr.com. They did the job but I think I literally found the direct tunnel into Hell in the process.

  • C. Martin

    Brilliant post James, thanks again. One day you should share some dating lessons you have learned for some of your single readers. I imagine it’d be wildly entertaining and unique!

    PS: All those dating sites suck; most of us average nice guys get lost at sea with all the other men mass e-mailing the single girls.

    • http://jamesaltucher.com James Altucher

      Yeah, its tricky. Thats why you have to approach it almost like a job. Statistically experiment and see what works. But I’ll write more about it at some other point. 

    • http://www.jrdeputyaccountant.com Jr Deputy Accountant

      Stick to Craigslist Casual Encounters… it’s easier.

  • Travis

    James, I enjoy reading your posts, mainly because they help make me think. I have found it is always better to study failures to learn how to succeed (note: I am not saying you are a failure, I believe you are having success in life). One thing i am completely amazed at is how you have gotten away (several times) by simply not contacting people back that were giving you the ‘time of day’ (steve cohen) and again in this article ( i am referring to this part: The whole thing is off. Some people wrote back. “Why?” they were all
    set. They really wanted to wire even though I was telling them no.
    I never responded. Josh Stylman, a well-respected entrepreneur, even
    wrote to me, “after all of our meetings I at least expect you to answer
    me why you don’t want the money.” I never spoke to him again even though
    we have many mutual friends. I feel guilty about that. I’m afraid to
    run into him in the street. I just didn’t have an answer. My body was
    just shaking too much.).
    So here is where i am amazed. You are able to get these meetings with people to believe in you, give you money or invest with you, yet you cannot give them an answer? Perhaps a simple apology would have sufficed. My point is, if you can continue to treat the people who believe in you with this type of disrespect AND you can continue to have/find people invest with you, I wonder what might happen if you treated all these people as your most important customers. I am starting a new venture, the biggest of my life, when I find people to invest, you can guarantee that I will return their calls, answer their emails and do whatever is necessary to foster the best possible relationship between myself and my client, no matter what my state of mind. Do you think this is a better way (or perhaps, the best way) to treat your clients/investors?  Maybe I am naive, but finding people to believe and INVEST in you (anyone) are usually few in number. 

    ps i do have tremendous respect for you that you did return the money. Also note, i do not mean any of the above comments as an insult or attack, I mean them more as constructive criticism.

    • http://jamesaltucher.com James Altucher

      Well, I’ve made a lot of money for people in my various successes (that I haven’t written about much here). And I’ve helped a lot of people make money even in businesses I had nothing to do with. So in general, that builds a network of trust. Even if Ive had my issues. We all have some issues. 

      • Travis

        James,

        I am glad to hear that you have made a lot of money for people, because from the 8-10 articles i have read on your site, it doesn’t appear that you did (which i found hard to believe). Therefore you have built a strong network and foundation of trust where people will forgive you if u have some ‘issues’. Perhaps you might consider writing about some of your successes. You might point out in those successes where you might have considered yourself simply lucky (we all are to some extent) and also point out where your skills helped/managed to put you in a position to be a success.  I would find that type of article quite educational. 
        Thank you for replying to me

        • Ryan

          I think what Travis is trying to say is:

          blah, blah blah, blah blah… blah

        • Ryan

          I think what Travis is trying to say is:

          blah, blah blah, blah blah… blah

          • Travis

            Ryan, thanks for the feedback. I will try to be less wordy in the future.

      • Travis

        James,

        I am glad to hear that you have made a lot of money for people, because from the 8-10 articles i have read on your site, it doesn’t appear that you did (which i found hard to believe). Therefore you have built a strong network and foundation of trust where people will forgive you if u have some ‘issues’. Perhaps you might consider writing about some of your successes. You might point out in those successes where you might have considered yourself simply lucky (we all are to some extent) and also point out where your skills helped/managed to put you in a position to be a success.  I would find that type of article quite educational. 
        Thank you for replying to me

  • http://www.stockrake.com StockRake

    Can you hook me up with your India contacts? Do they do rails?

  • Anonymous

    What a great post – a little bit of everything in there. And I agree with C. Martin, your dating tips would be entertaining as hell. 

  • http://twitter.com/statspotting StatSpotting.com

    James, what do you think of bitcoin?

    • http://jamesaltucher.com James Altucher

      I dont know anything about bitcoin. Which probably means its the next Google. Its Google X Apple.

  • http://jamesaltucher.com James Altucher

    Ha, you’re totally right. I’m going to leave it in that way. 

  • http://jamesaltucher.com James Altucher

    Yeah. More coming. 

  • Anna

    “Dating services…are like onions. You unwrap one layer at a time. First the mystery, then the sweet taste, then the identities revealed. Until finally you start crying.”
    Brilliant!

  • http://jlcollinsnh.wordpress.com jlcollinsnh

    Back in the early ‘90s I was on a quest to acquire some b-to-b magazines.  Looked at a lot of deals.  Raised VC.  Nothing came together and I was sorely disappointed.  Until someone much wiser than me pointed out that sometimes the best deals are the ones you don’t do.
     
    I wasn’t nearly smart enough to realize this at the time and would have happily plunged into anything that came together.  And been a miserable slave.
     
    I applaud your judgment in stepping back from this one.

  • Georgy Thomas

    Great post James. It was an edge-of-the-seat thriller. You are writing phenomenal stuff every other day. I’m sure lots of effort is going into writing these wonderful posts. Thank you for your time.

  • Georgy Thomas

    Great post James. It was an edge-of-the-seat thriller. You are writing phenomenal stuff every other day. I’m sure lots of effort is going into writing these wonderful posts. Thank you for your time.

  • Kevin M

    So in the end did it “work out” in that you got a new wife – which was your original goal, correct?

    What happened to the other guy’s dating site?

    Anthony Weiner probably would have loved 140Love.

  • Kevin M

    So in the end did it “work out” in that you got a new wife – which was your original goal, correct?

    What happened to the other guy’s dating site?

    Anthony Weiner probably would have loved 140Love.

  • http://rodolfogrimaldi.com Daniel Mihai Popescu

    I can’t figure out why you want to be followed on Twitter? I took your example and now I friendly request people to follow me. The “dating through twitter” idea was excellent! But what is more enjoyable is your advice! All of them! 

  • http://rodolfogrimaldi.com Daniel Mihai Popescu

    I can’t figure out why you want to be followed on Twitter? I took your example and now I friendly request people to follow me. The “dating through twitter” idea was excellent! But what is more enjoyable is your advice! All of them! 

  • Daniel

    James –

    I emailed you right after I read this post. You said it was OK to bug you, and I know how many unread emails you have. So, maybe I’ll bug you here.

    -Daniel

  • Daniel

    James –

    I emailed you right after I read this post. You said it was OK to bug you, and I know how many unread emails you have. So, maybe I’ll bug you here.

    -Daniel

  • http://www.facebook.com/profile.php?id=1272980067 Priscilla Benfield

    So relieved I never had to partake in internet dating sites…but anyway, personally I think you could give great dating advice. You know what not to do and what works. This was an interesting mix.

    • http://jamesaltucher.com James Altucher

      tell me what you think is the one thing that works the best, Priscilla.

  • http://twitter.com/StudentDotCom StudentDotCom

    James, this was really hilarious.  I have mentioned to some of my friends how much I always enjoy your appearances on Yahoo Finance/The Daily Ticker and was glad to just find you on Twitter.  Cheers.  I look forward to reading a lot more from you on a whole bunch of subjects.

    • http://jamesaltucher.com James Altucher

      Thanks! Funny, working on some ideas for daily ticker right now.

  • http://sayemislam.com sayem

    Excellent write-up James – loved reading this, esp after my failure with my very own Twitter app around this time before too. Great pointers at the end, my favorite is C – I think it’s important to lay low and stay focused, and not let yourself get distracted by all the tech scenesters looking for the next hot shiny thing.

    • http://jamesaltucher.com James Altucher

      I think “C” is what cost me the $40 or $50,000 I lost on this one. What was your twitter app at the time. Better for me if I had just invested in $10k in your app and lost that!

      • http://sayemislam.com sayem

        Ha! I was working on Helptwits then. Always interesting being able to look back and laugh about failures, and learn from them too. There’s always a next time.  

  • http://twitter.com/adjwilli Adam Williams

    I have a dating website I’m not really passionate about anymore: http://www.tongueexchange.com

    It’s a combination language-learning, dating site. I’d love to sell it if possible. But how do I go about that?

    It has a lot of potential, but like you said, requires a lot of marketing I’m not wanting to do.

    • http://jamesaltucher.com James Altucher

      An addendum to this story. I had one investor who was willing to pay $25k for 1% of the site. (I had a $2.5mm valuation on this first raise). I went to her and said, “instead of buying 1% for $25k I’ll sell you 100% for $25k”. She said, “No.”

      Its hard to clean the karma of your sins.

  • Brent

    Amazing post James, priceless advice as usual.

  • http://www.lazerow.com lazerow

    nice photo! the only dating site i have ever used!

    • http://jamesaltucher.com James Altucher

      And it worked! You and Kass are great together.

  • Craig

    So tell us…How’d you meet the wife?

    I have one of the 1500 original “Forever Portfolio” copies.

    Craig

    • http://jamesaltucher.com James Altucher

      300!

      • http://jamesaltucher.com James Altucher

        And I bought 290 of them.

  • http://www.brookefarmer.com Brooke Farmer

    That shaking is something I know so well. The whole body and you have no control. And if anyone happens to be around you instantly look completely insane. I *know* that shaking. 

    I love this post, James. This is raw and honest and real. And you know how I feel about all three terms. I am so glad you posted it. 

    Also this, “Sometimes your head hurts so bad from all the people you disappointed, all the money you spent, all the energy that you wasted…” I want to say that everyone has been there, but I’m not sure that’s true. 

    • http://jamesaltucher.com James Altucher

      Yeah, some people push forward with no regrets. But there always should be some regrets. So we can learn. And yes, the shaking. I always listen to it. Or try to. When i fail to then i just know things are going to get worse. Or, at least, I’ve learned that from experience.

      • http://www.brookefarmer.com Brooke_farmer

        Sometimes (in my own recent messiness) there is nothing I can do about the shaking. Listening to it doesn’t help when it involves something you can’t get out of. 

  • jstylman

    Hey James,

    Interesting piece, as always.  Since you referenced our interaction in this post, I’ll make a few followup points:

    – I was never interested in 140Love.  The model I liked was 140Labs – create a vertical on anything (a la StockTwits) on top of Twitter.  I thought that was a pretty good idea, especially two yrs ago before people were thinking along those lines.

    – I never held a grudge for you not doing the round.  In fact, I left you a voicemail that said “I actually appreciate the fact that you decided you didn’t want to do this BEFORE you took any money from me.”  Part of the appeal was working with you, since I did (and still) found you to be an interesting guy.  That said, I completely I respect you coming to terms with your own desires before fooling yourself and/or outside investors.  Not enough entrepreneurs are as introspective as you were here.

    – I did, however, want to talk to you about the fact that we went back and forth negotiating terms, which cost me several thousand dollars in legal fees.  I would have appreciated the courtesy of a call back and was disappointed when I never heard from you.  At some point, I have every expectation that I’ll collect my legal expenses.  Hopefully you won’t run into me.

    Hope you’re well,
    Josh

    • http://jamesaltucher.com James Altucher

      Ha, fair enough. I didn’t realize you had legal expenses. Ok, send me an email at altucher@gmail.com and I’ll send you my address to send me the bill. I’ll pay you back on those right away.

  • Steven L Goff

    I enjoyed this read! I like and concur with online anonymity being the sites initial failure. People will ofter reveal more to Google…of coarse hidden behind the cloak and anonymity of a computer screen, then they will to thier own physicians or lovers in life. I for one am for the end of online Anonymity in this world. The time has come for that. I recently signed up for plentyoffish.com  Below is my profile.

    About Me
    This is my second day singed up here @ POF….I was directing folks to my “open to public wall at facebook” to see how I live and act daily. I used a link and the Admin here erased it twice. Now I have to think/write clever and witty just to get someone to flirt with me or take notice….NOT! How about ya just go to facebook and type in Steve Goff from Ventnor NJ (thats my real name…And I cant wait until the day they do away with online anonymity and people become who they say they are and are accountable for actions online) and look for my pic (not that many w/ my name…it’s easy) and stalk my open wall for a bit to see how I live my life and act with those who know me best. If after a couple days (or sooner) you think you like me, and dont think I am too crazy, or I am your type of crazy…or are just intrigued and want to meet me. Come here and send me message. I am clever, witty, pretty smart so they say, A loner, comical at times, extremely focused at others, there’s worst looking people in the world, I can be kinda of a butt-hole sometimes, but have alot of compassion and big heart, yet I am twisted in many ways, I’m pretty/very blunt. I Will smoke a blunt once in awhile….lol I feel > TIME is the worlds most precious non-replenishable commodity there is. Why waste something that is ever lessening (being your time on this planet till you die). Come check me out.
    Soooooooooo this is what I’m writing about me for now. I am sure I will change it soon. But this will have to do for now. I am tired and worked all day.

  • Steven L Goff

    is being a “Yogi”…anything like being a Jedi Master?…..I always wanted to be Jedi    :)

    http://images1.wikia.nocookie.net/__cb20061128201826/starwars/images/thumb/a/a2/Yoda-CVD.jpg/250px-Yoda-CVD.jpg

    The title of Jedi Master was the highest formal rank obtainable by a member of the Jedi Order. Reserved for those who had shown exceptional devotion and skill as well as balance in the Force and often combat, only individuals who had been given the rank of Master could sit on the Jedi High Council or any of the three other Councils.

    Yoga and and Yoda (a Jedi Master) sureeeeeeeeeee sureeeeeeee are simular James……lol

  • Bradford Walker

    Thanks for sharing this service. I always get excited for new information on dating. I will look forward to getting more information from you
    Dating Websites

  • http://twitter.com/eFlirtExpert Laurie Davis

    Wow. As an online dating coach who frequently helps people flirt on Twitter, I was familiar with 140Love but never knew the back story. I really admire your honesty about the entire situation. It takes serious strength to be this up front and reveal weaknesses in such a bold way. There’s a LOT of great takeaways, so thanks for sharing!

  • http://eelsecreto.com Ley de Atraccion

    Interesting post, specially your learned experiences and about how to launch an internet/social based business

  • http://isomorphismes.tumblr.com isomorphisms

    That seems like a good idea. Good enough. I wonder what would have happened if you had force-fed some initial users (paid people to sign up, bought profiles from another site, anything) and required a facial photo.

    It is a crowded space, though.

    • http://isomorphismes.tumblr.com isomorphisms

       

      Not worth it to then devote years of my life to this idea.

      Sounds like you’re much better off for quitting. Are all those investors going to dedicate 3 years of their life, 100% of their thought to this? No.

  • http://jayliew.com Jay Liew

    James, first time entrepreneur here. If I’m guessing right, you raised on idea (and perhaps team i.e. you, the successful entrepreneur) as opposed to raising on traction, correct? Otherwise you wouldn’t have been able to raise that easily. Giving back the money in this case was the right thing to do (my view as well) since you said you weren’t willing to stick it out long term. I must say I’m jealous because I’ve already committed to my startup and willing to spend the next 3-5 years if it takes, have been burning my savings. Having the opportunity to raise like you did would be the wildest dream come true for me. I’d also kill to have mentors and advisors.

  • http://www.shoestringventure.com Steve Monas

    I just found this post, after coming here from your TechCrunch article today “7 things BuddyMedia Did right”. As a published business author of best selling book Shoestring Venture: The Startup Bible – Turbocharge your Business through Outsourcing (shoestringventure.com), I really enjoyed your last comment, but working with India, Pakistan, and as of last night China, has its challenges. But, if you understand your core concept, and are able to explain things clearly, as best as possible, it would make things a bit easier. I have finally done that with ScourEvents.com, I had to find Facebook Open Platform experts, who DIDN’T find my project challenging. It has been 6 years, and numerous tries, but I think that this time around, I have the right team for my refined vision. Pivots are good, but laser like focus is better. Once this site gets done, I will focus on a dating site using a similar strategy. I had published 2 dating books since 2005 and was interviewed by Fox News. Yes, it isn’t easy, but I think I have a solid strategy. 

    James, my biblical brother, I would like to have a conversation with you. I think that you would not only enjoy it, but be refreshed by it.

    Steve Monas

  • Tejas

    I was thinking of this idea just today ! :p But still i feel there are no dating sites for people who are single , based on our interest . Its weird that your ideal matches are online , somewhere in this globe but you aren’t able to reach . On some ip address . Facebook has solved the problem of gathering our interests not for all , but we have our digital figure prints online . I guess there should be a different approach to dating all together .

  • http://danmar.posterous.com/ jmdanmar

    They did a computer dating episode on the 60’s TV show That Girl. :-)