SeedCon Fast-Pitch Entry: OnlyADate.com

Glen Andrianov

Did you know…

*The first personal ad dates back to 1695 and appeared in a British publication, “Collection for the Improvement of Husbandry and Trade”

*Online Dating Industry has grown from $50 million in 2000 to $1.5 billion in 2012

*Today, more than 50 million Americans have visited an online dating website

*Today, 1 in 5 new relationships start online

*On average, fewer than 10% of profiles on traditional dating websites are active members

OnlyADate.com is a dating website that revolutionizes online dating by eliminating online communication between members, maintaining profile confidentiality, and integrating an online reservation system to schedule actual dates. Members can either create a date at the restaurant of their choice or apply privately for existing dates where profiles are only seen by the date hosts. Unlike traditional dating websites where members can scroll through thousands of profiles, OnlyADate.com members can only see the profiles of individuals that are hosting dates and their profile is maintained completely confidential.

Background

In Spring of 2009, I begrudgingly signed up for an online dating website with very low expectations, much to my surprise, I met a nice girl who I am proud to say, I am happily married to today. Although online dating worked for me, the majority of people do not have the same luck. Over 50% of people that sign up for traditional dating websites quit within 3 months due to frustration.

Problem

Men – forced to waste countless hours scanning the profiles of and sending fruitless messages to other members with no response and ultimately ending up without a date. Did you know that over 90% of female profiles on major online dating websites are not active?

Women – tired of getting non-stop messages from members that you have no interest in and feeling obligated to politely respond? There is a better solution!

Solution

OnlyADate.com was designed to make it REALLY simple, efficient, confidential and fun to meet people on real dates in the real world. Instead of wasting countless hours behind a computer screen, messaging members whose profiles may be inactive or not interested, members have only 2 options on OnlyADate.com - create a new date or apply for an existing date (there is no other form of member-to-member online communication).

When you “create” a date, a restaurant reservation is made online for you at the restaurant, day and time of your choice. By creating a date, you also make yourself visible to the entire website community in your area which allows other online members to confidentially apply to go on a date with you. Only you, the date host, is able to view "applicant" profiles in a screening process to determine which member you are interested in. Once you select your date, the applicant is alerted via email to confirm the date details. As an applicant, you are able to confidentially apply for a date and if you are not selected, the $10 fee is returned to you in the form of credits to be used toward future dates. The website provides a streamlined process of creating dates when you are free and selecting the candidate that appeals to you most!

Check out the video to learn more.

http://www.youtube.com/watch?v=RlMM0-zAlzg&feature=vmdshb

We’re launching in Spring 2013 but you can sign up today to make sure you don’t miss out! Better yet, tell all your single friends!

About SeedCon: Hosted by the Entrepreneurship & Venture Capital student group and the Polsky Center for Entrepreneurship at Chicago Booth, SeedCon brings together leaders and innovators from the entrepreneurship and venture capital world to explore the most exciting and disruptive trends in the industry. For more information, visit www.SeedCon.com

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