Oct
30
Read/Write Web has an article about how PlentyOfFish could be worth $1 Billion. Whether or not you agree, it’s incredible what Markus Frind has built on his own. Last I heard he was still serving 1.2 Billion page views per month from 2 web servers.
Markus will have a hard time finding a buyer for POF at that valuation because many of the old school business types who make these deals happen see ‘companies’ as collections of staff and infrastructure rather than products or services that huge numbers of customers love and that generate cash.
That perception will change over the next few years as more developers realize they don’t need all the usual business fluff like office space, leased lines, venture capitalists, staff fresh out of MBA school who play with Excel all day, mature business ‘leaders’ who don’t really get your business but sure know how to talk up its valuation - that sort of thing.
Expect to see plenty-more-fishes built over the next few years.
