Archive for the ‘EasyDate’ Category
EasyDate To Play Cupid Across The Globe
EDINGBURGH NEWS – July 14 – Bill Dobbie, founder of EasyDate, is a St Andrews pure maths graduate
who got a job with Burroughs in Cumbernauld in the 1970s making
“business machines” – today they’re known as computers. Then he build
up Teledata, a telephone information services company that he sold to
Scottish Telecom, and Iomart, an internet web hosting firm he helped
create with his brother-in-law Angus MacSween. He left six years ago,
but maintains interests there, and launched web-based DVD rental firm, dvds365.com.
When that was sold to LoveFilm.com, it was time to seek out a new
venture. Named last year as one of Deloitte Technology’s Fast 50 – a
list of the 50 fastest growing technology companies in the UK -
EasyDate attracts about 200,000 new fee-paying members a month. “We
wouldn’t be maximising the company’s capability if we didn’t take it
worldwide,” said Bill Dobbie, the founder. “And we’ve had an
international outlook from the beginning.” Boosted by the stock market
cash injection, EasyDate is now preparing to do just that. First up is
the acquisition of an American firm that will increase the firm’s
presence there. Australia, where EasyDate already draws ~£200,000 a
month, is targeted for expansion, as is Brazil, China and almost
everywhere else you might care to mention. FULL ARTICLE @ EDINBURGH NEWS
EasyDate Raising £10m Through AIM Flotation
TELEGRAPH.CO.UK – June 29 – EasyDate, Edinburgh-based online dating business, goes
public with a £10m placing on London’s junior market. Founder Bill
Dobbie and business partner Max Polyakov are floating their
niche-focused dating business on AIM to fund acquisitions and
international growth as they attempt to win more of a global market
worth an estimated £1bn. Tomorrow’s listing will give the company,
which has a turnover of £11.5M, a market cap of approximately £45M as
it issues 75 million shares at 60p. EasyDate is currently adding
200,000 members a month, and projects revenues will hit £19M next year. FULL ARTICLE @ TELEGRAPH.CO.UK
