75% of American adults have tried online dating; 17% of marriages started with online dates. This episode features Laurence Holloway, CTO and cofounder of Lovestruck, an award-winning online dating site focused on London, Hong Kong, and Singapore. We talk through the challenges of running a lean startup in the face of well-funded competition, creating a product that users trust, bootstrapping businesses that have network effects, and working several years as the only software engineer on a highly-visible product.
This is the first of a two-parter on dating. An upcoming episode will feature an online dating startup in an entirely different market, complete with its unique dynamics.
A huge thanks to all of you who have given me feedback on how to improve, and also the encouragement that several of you have sent in. Please keep it coming!