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15-Apr-2020 11:04

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(charged .95 per month when it launched in 1995.) e Harmony, launched in 2000 and marketed toward people seeking long-term relationships, blazed a trail with its prices, charging some of the highest in the industry, says Mark Brooks, a dating-industry analyst and the editor of Online Personals Watch.Of course, there was a business reason for charging low rates in the early days, some experts say: Sites needed to stock the sea of love with fish.Five years later, he is running one of the largest websites on the planet and paying himself more than million a year.Frind, 30, doesn't seem like the sort of fellow who would run a market-leading anything.While he is doing this, he carps about Canada's high income taxes, a serious problem considering that Plenty of Fish is on track to book revenue of million for 2008, with profit margins in excess of 50 percent. "Most of the time, I just sit on my ass and watch it." There's so little to do that he and his girlfriend, Annie Kanciar, spent the better part of last summer sunning themselves on the French Riviera.Then, six minutes 38 seconds after beginning his workday, Frind closes his Web browser and announces, "All done." All done? Frind would log on at night, spend a minute or two making sure there were no serious error messages, and then go back to sipping expensive wine.

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But then, you tend to attract advertisers' attention when you are serving up 1.6 billion webpages each month. "Actually, in the first 10 or 15 minutes." To demonstrate, Frind turns to his computer and begins fiddling with a free software program that he uses to manage his advertising inventory.

At the two biggest subscription-based sites in the U.