Tuesday, April 30, 2013

Former executives are not entrepreneurs!

Former executives are not entrepreneurs!

"LikeIt, the people discovery service, is shutting down on April 30th. The service launched over a year ago by former Match executives and received ~USD1.7M funding from various investors including POF (PlentyOfFish) and CrunchFund."

Former executives from online dating sites are not entrepreneurs. Those former executives can cook a barbecue under the water, they are smoke sellers, but they are not going to innovate in nothing.

 Online Dating for serious daters does not need to be more social, it needs to be more effective/efficient. It needs to reduce the false positives problem.
Innovations are not adding more bells and whistles to actual online dating sites.
The Online Dating Industry needs innovations but they will come from only one source: the latest discoveries in theories of romantic relationships development with commitment.
Compatibility is all about a high level on personality* similarity* between prospective mates for long term mating with commitment.
*personality measured with a normative test.
*similarity: there are different ways to calculate similarity, it depends on how mathematically is defined.
STRICT PERSONALITY SIMILARITY and not "meet other people with similar interests"

Prospective entrepreneurs score different from prospective managers / businessmen / businesswomen.
prospective entrepreneurs mostly score VERY LOW in some specific variables I and M and VERY HIGH in E, Q1 and Q2, like this 16PF5 personality pattern

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