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One thing is for sure never underestimate the power of the dating websites.
On the day of the announcement, the stock price of Inter Active Corp—the parent site of online dating behemoths —dropped by more than two per cent. Over the past two decades, the Internet has become a fixture of the modern-day romance plot.
And where is the incentive to work through relationship difficulty when it’s so easy to access alternatives?
K.-based online dating executive Dan Winchester, who predicts, “The future will see better relationships, but more divorce.” Internet dating sites, supporters say, create a larger and more fluid “dating marketplace,” which in turn yields better and more compatible matches.
On the flip side, this bustling new marketplace, with its steady pace of transactions, might threaten traditional marriage.
In 2003, a young Mark Zuckerberg sat in front of his computer and instant-messaged a friend.
Back then, “the facebook thing” was still a rough idea, and 18-year-old Zuckerberg was trying to finesse the concept. “I don’t think people would sign up for the facebook thing if they knew it was for dating,” Zuckerberg wrote.
The 1,500 sites comprise an industry worth over $1.5 billion.