James Hong, on selling HotOrNot
Iconic dating site HotOrNot has sold to a little-known media company called Avid Life Media, HotOrNot cofounder James Hong tells me.
HotOrNot was a standout success when it began in 2000, when many web entrepreneurs were nursing wounds from when the dot-com bubble burst. Its simplicity, subsequent viral growth to millions and ability to keep people returning inspired hits including YouTube as well as Facebook.
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