Jul

15

 With the leverage of technology and the network effect, when one hits on an idea that is perfect for its time, it just seems to take off and almost run itself. This fellow just sold the Plenty of Fish biz for 575M.

Very different from a business I have followed but never invested in, Spark networks, (LOV).  Spark trashed their business by diverting funds from their astoundingly profitable JDate into immensely wasteful add spending for mostly failed Christian Mingle, all while neglecting their underlying user experience and product.  

In the second case, they attempted to "force feed" a success vs. the first case, which seemed to feed and grow by itself.

 Is there an analogy in trading strategies, I wonder?


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