Tuesday, December 18, 2001

For Some Dot-Coms, There Are Real Profits: "But the advertising market is soft, so Mr. Greenspan now wants to develop eUniverse's own products and services to sell to its audience. It started [...] Cupid Junction, an online dating service. With lots of women, who can use the service free, eUniverse can sell memberships to men, who pay $1.60 to $3.33 for each message they send to a woman. The service now has $300,000 a month of revenue and 80 percent profit margins, Mr. Greenspan said."