Matchcom online dating
It was the early '90s, and the then-30-something Chicago native and Stanford Business School graduate could barely afford the 0 in rent for his San Francisco apartment. In fact, he says he was trying to marry "the best woman in the world."In his quest for a wife (and, perhaps, a small fortune), Kremen practically invented online dating.
estimates that more than 850 services currently make up the multi-billion-dollar dating industry.
Today, smart phones are Match's fastest-growing channel, according to Match CEO Greg Blatt.
"We're trying to be wherever our users are," whether in the waiting room at a doctor's office or in line at the grocery store, he says.
Still, it's Match's algorithms that may be its most valuable asset.
Initially, Match was not actually a "matching" service.