Yeah, you read right. I’m going to tackle the topic that is on most peoples mind these days when they are looking purchase dating software to start their own dating site. So, the big question is do I need venture capital for my dating site?? The answer is maybe. It depends on what you are wanting to do but in this article I’m going to explain how one of the hottest dating web sites on the Internet started with nothing and cashed out for a cool twenty million dollars. Well, at least that was the rumor.
Yep, you heard right again. Twenty million dollars was the tune that got HotorNot.com not worrying about the economy for a while. Rumor has it that they cashed out for about twenty million to Avid Life Media. It’s not the twenty million that was the kicker. It was the single fact that HotorNot.com took NO money for startup and funded the whole site all themselves. Which goes to show that with a good idea and a decent piece of software, you can do just about anything.
So, the question goes to you, the reader, the person that is looking to start a niche market dating site. Do you have a good idea? Do you see a market that is not being tapped because that’s what it’s all about. If you want to make money with dating software then you are going to have to find a niche market that is not being tapped. There are tons of new ideas being created everyday and HotorNot.com was just one of those little ideas that paid off. There have been thousands of little ideas that paid off. Look at what MySpace did. Look at what was offered to the guys at facebook. The guy that owns Plentyoffish.com makes over a million dollars a year from his free dating site.
Do you need venture capital? In my opinion, I don’t think so. All you need is an idea and a good piece of dating software. Even if you’re looking to add some features that are not in the dating software it’s not difficult or expensive to add them in. All you need is the idea to start and the motivation to see it succeed.
If you are searching for a good piece of dating software, be sure to check out our demo and as always, if you got questions, then we got answers.
Wazzum