Mathew's comments - Latest Comments in Toronto firm buys Hot or Not?

Re: Toronto firm buys Hot or Not?

Jason — Fri, 30 May 2008 05:16:17 -0000

HotOrNot... there goes another great site down the drain. Livechat has been disabled forever already after merger...which was the best feature in site. Too bad... Will miss it. USED to be a great way to meet people

Re: Toronto firm buys Hot or Not?

homeguru — Thu, 21 Feb 2008 11:07:10 -0000

Avid also purchased www.HomeRenovationGuide.com in summer of 2007, an online directory and home improvement resource.

There is money in the Canadian market, and there is money to be made online... go figure! If only the large Canadian media companies could figure that out.

Re: Toronto firm buys Hot or Not?

mathewi — Tue, 12 Feb 2008 10:54:02 -0000

Thanks, Chris -- best of luck with the new venture.

Re: Toronto firm buys Hot or Not?

sukornyk — Tue, 12 Feb 2008 09:35:58 -0000

Actually Avid didn't emerge from Ashley Madison....Avid acquired Ashley Madison this past summer. Avid purchased my startup, Fivelimes, in September 07.

And just a brief personal update :) I just recently left my role at Kaboose to jump back into the startup world.

Re: Toronto firm buys Hot or Not?

mathewi — Mon, 11 Feb 2008 22:43:02 -0000

Thanks for the info.

Re: Toronto firm buys Hot or Not?

discus — Mon, 11 Feb 2008 22:33:15 -0000

Move is move.com on the NASDAQ. Avid Life Media has loose ties with Kaboose (KAB on the TSX). FiveLimes was founded by Chris Sukornyk and Raja Bhatia. Chris is now working at Kaboose (as part of the Bubbleshare acquisition) and Raja is running technology and engineering for Avid Life Media. This is the 4th or 5th acquisiton for Avid. There is money in the Canadian capital markets!