• more about

    #adultfriendfinder

    The New Penthouse Letters: HR Exec Files FriendFinder Suit

    Penthouse Magazine Closing? CEO Says No, COO Says Yes

    FriendFinder's Latest Scandal Sexier Than a Penthouse Letter

    read more: #rumormonger, #adultfriendfinder, #top, #variousinc, #andrewconru, #deals, #valleywag

    Did Andrew Conru sell Adult FriendFinder for $100 million?

    The porn baron of Palo AltoAndrew Conru is the accidental porn baron, the mild-mannered geek who found himself running a massive X-rated classifieds website, Adult FriendFinder, from sedate Palo Alto. Rumor has it that he just sold the site, one of his many properties, for $100 million. Michael Arrington reports that he may have sold his company, Various Inc., for $1 billion. A nice headline, but we doubt it. What Conru has said in the past is that he wants to take Various public. The Adult FriendFinder site, however, has been a sticking point for investment bankers, who don't want to try to sell porn to the investing public. For Conru's ambitions, divesting Adult FriendFinder would make perfect sense, since the rest of Various — which includes much more respectable sites like BigChurch — could then IPO to cash in on the social-networking craze.


    Contact information for this author is not available.