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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.
You can expect to meet people from companies such as IBB Beteiligungsgesellschaft, Elephant&Castle Capital, Deutsche Bank and many more.
There will also be an opportunity to meet Christoph Räthke, founder of Berlin Startup Academy, as his G-Force meet-up is taking place during Startupnight.
Every churned customer is a new customer you’ll have to acquire just to get back to even.
Once again this year, as part of the Saturday conference, we have organised VC/corporate speed dating.
It will be taking place from 5-7pm, the first hour being VC-dating and the second being corporate.
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.In 2013, the figures were at a depressingly low .2 million – that’s .2 million for an entire subsection of the startup economy.Tinder’s success as a dating app is definitely an exception within its industry. 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.
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.