A follow-up to our article last February from Tomio Geron of VentureWire, published in the Wall Street Journal yesterday. According to Piper Jaffray’s Gene Munster:
- Match.com has about a 35% share of the U.S. market, after recent acquisitions, with eHarmony having about 20%. (The February article said 13% share.)
- eHarmony passed $1 billion cumulative revenue in 2009.
- AOL Inc. is a potential suitor, if ever eHarmony wants a buyer.
According to Doug Clinton, another Piper Jaffray analyst, investors are interested in companies with relatively high growth rates and a stable recurring revenue base of users. Here, its “stable recurring revenue base of users” comprises members who doggone can’t stop the account autorenewals.
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