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At the height of the dot-com boom, Lowell Selvin ran an Internet company with a Web site boasting 2. Yet as often as not, Selvin came away empty-handed in meetings with potential investors. Many venture capitalists just weren’t ready to stake money on Gay. Four years later, successor firm PlanetOut Partners has grown to four gay- and lesbian-oriented sites and just posted its first profitable quarter.

PlanetOut Inc. has put Expedia Inc. in charge of travel booking on its money came from matchmaking and dating services and advertising.

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Students from The College of New Jersey have a plethora of choices when it comes to finding a place to party on a Friday night. While many freshman steer towards the fraternity scene and a majority of older students can be found at local bars, the scene around The College of New Jersey leaves many students out. Various minorities will not find their crowd at any given combination of Slocum’s, Katmandu, or Buddy Shamrocks.

They will not find their crowd at most of the bars in local destinations such as New Hope, Pa. Homosexuals have to look harder and travel further to find their own scene. This culture can be found at nearly every college in America and their methods of socializing and dating are quite different from the straight majority. For most, Greek parties would not cater to their particular lifestyle, nor would they rarely find an emotional connection at these events.

Gays and lesbians usually have to travel to a larger metropolis such as Philadelphia and New York City, to find a larger dating pool. Similar to their straight counterparts, many queer college students find that nightclubs and bars are a great place to search for a connection with someone of the same sex.

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Not long ago, gay-oriented content sites like PlanetOut and Gay. Few thought that in financial analysts and techno-pundits would be debating which company would launch the Internet’s first “gay IPO. Her San Francisco-based company? PlanetOut is the first gay-focused dot-com in history to get venture capital funding.

Later, in the ’90s and ’00s, when online dating really started to take off, LGBTQIA+ sites like PlanetOut and popped up. Suddenly.

Lowell Selvin, the CEO of PlanetOut Partners, tells how personal ads are helping his company become the online gateway to the global gay and lesbian market. After watching so many other “can’t miss” Internet ideas crash and burn, he’s loath to claim immunity from the business cycle. Still, he believes the company’s network of sites represent undeniable proof that a targeted online media business can still survive–and thrive–on the Internet.

The surge was fueled by personals. Like Yahoo and Match. That’s a big change from two years ago when advertising accounted for 90 percent of the company’s revenue.

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An anonymous New Yorker tells the world how much money she earns, spends, and saves. No, this is not the post where I detail how much prostitutes charge for their various services. I’ll write about that next week, and anyway, that is sex, not love. Instead I thought I’d post a little wrap-up on the financial aspects of a few of the popular online dating sites, for anyone who might need a little last-minute Valentine’s Day help!

Site Price per month Asks Income Level? As for eHarmony, it’s a shame only heterosexuals can waste a full day filling out their interminable questionnaire only to be told there are no matches in their area. I swear I only did it for research purposes! I also wanted to check whether the profile questionnaires on these sites included a question about income level– this is something some of my friends and I were debating.

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PlanetOut said it had its first profitable quarter. The company’s online personals business, which matches same-sex daters, accounted for more.

That the Internet continues to revolutionize dating for gays at a faster pace than for heterosexuals is no surprise. But do lesbians and gay men utilize the technology in the same manner? How different are our experiences? Farah has compiled market data about the way the sites’ combined 6 million members behave online and, in particular, the differences in how their male and female constituents make use of online dating’s various tools. I think on a general level men are much more adventurous and more interested in poking around and seeing what’s there, whereas women will really take time and really investigate possible partners or dates online.

I find that women tend to keep a lot of things private in their profiles.

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After becoming the dominant media company for the gay community, PlanetOut Inc. The San Francisco owner of Gay. The dire situation is a consequence of PlanetOut’s declining subscriptions for personal ads, a shortfall in advertising revenue and trouble booking passengers on its gay-oriented cruises. A dismal first-quarter earnings report on Wednesday hammered the reality home.

Virtually every piece of the business needs fixing, according to management. Magee, who joined the company in , described the problems as years in the making. A turnaround, she said, will take up to 24 months, during which the company plans to fix creaky technology, reorganize and sell some assets, including its adult publishing business. If it’s unable to get the financing, the lender could foreclose on PlanetOut’s assets, a potential death knell.

Magee laid part of the blame for PlanetOut’s poor performance on its RSVP travel agency, which offers cruises to destinations such as the Caribbean. Passenger occupancy has been less than expected and, as a result, the company has had to offer steep discounts to attract travelers and pay penalties to cruise lines. Separately, PlanetOut’s advertising sales, both online and in print, have been disappointing. Subscriptions to online personals have also lagged amid growing competition from other gay-oriented Web sites in addition to social networking giants MySpace and Facebook.

In a note to investors, Richard Ingrassia , an analyst for Roth Capital Partners, said it’s possible that PlanetOut would sell its travel business. Overall, he said, the company is still unchallenged in terms of reaching the gay demographic.

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