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Then, in 2004, after Electric Classifieds (renamed Instant Objects) went out of business, Kremen essentially bought the company’s million in debt for ,000 so that he could retrieve its valuable patent.

He then held a foreclosure sale and sold the same patent for

Then, in 2004, after Electric Classifieds (renamed Instant Objects) went out of business, Kremen essentially bought the company’s $2 million in debt for $20,000 so that he could retrieve its valuable patent.

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Then, in 2004, after Electric Classifieds (renamed Instant Objects) went out of business, Kremen essentially bought the company’s $2 million in debt for $20,000 so that he could retrieve its valuable patent.

He then held a foreclosure sale and sold the same patent for $1.7 million.

Initially, Match only allowed users to exchange personal messages and photographs via e-mail or fax. Within six months, 100,000 people had registered for the free service.

Today, Match has more than 1.7 million paid subscribers, with Web sites in 30 countries and in eight different languages.

The schedule became even more grueling after Kremen received $1.5 million in venture capital, allowing him to hire a handful of employees.

.7 million.

Initially, Match only allowed users to exchange personal messages and photographs via e-mail or fax. Within six months, 100,000 people had registered for the free service.

Today, Match has more than 1.7 million paid subscribers, with Web sites in 30 countries and in eight different languages.

The schedule became even more grueling after Kremen received

Then, in 2004, after Electric Classifieds (renamed Instant Objects) went out of business, Kremen essentially bought the company’s $2 million in debt for $20,000 so that he could retrieve its valuable patent.

||

Then, in 2004, after Electric Classifieds (renamed Instant Objects) went out of business, Kremen essentially bought the company’s $2 million in debt for $20,000 so that he could retrieve its valuable patent.

He then held a foreclosure sale and sold the same patent for $1.7 million.

Initially, Match only allowed users to exchange personal messages and photographs via e-mail or fax. Within six months, 100,000 people had registered for the free service.

Today, Match has more than 1.7 million paid subscribers, with Web sites in 30 countries and in eight different languages.

The schedule became even more grueling after Kremen received $1.5 million in venture capital, allowing him to hire a handful of employees.

.5 million in venture capital, allowing him to hire a handful of employees.

Kremen says the “relentless” work ethic at Match helped distinguish his site from the first flock of online dating services.

It is not a truth universally acknowledged, but a single man in possession of no fortune may still be in want of a wife.

At least that was the case for Gary Kremen, the founder of the online dating service

Still, it’s Match’s algorithms that may be its most valuable asset.

Initially, Match was not actually a “matching” service.

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Indeed, Match has ushered in an era in which one in five relationships and one in six marriages are between people who met through an online dating site.

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