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But that doesn't mean that the entire user experience will be free. Free gets you to a place where you can ask to get paid.But if you don't start with free on the internet, most companies will never get paid.For the past several fiscal years, 10 per cent of World Friends' existing revenue has come from Europe (despite no direct marketing or European distribution partnership base).

The World Friends' per user economics are amongst the highest in the world.A first closing of €0.7m was completed on 5 June 2009 from the Succès Europe Investment Fund and existing shareholders.The internet allows an entrepreneur to enter a market with a free offering as the costs of doing so are low.Most entrepreneurs will maintain a free offering of their basic service forever.The average World Friends' member makes 17 "world friends" and for that they pay 0 and stay subscribed for 6.5 months.

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Nick Paine, World Friends' Executive Chairman is based in London, and co-founded leading internet dating business which he sold to NASDAQ-listed Vertrue Corp for US$120m in 2004.

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Comments:

  1. 1
    Steve

    Well, at least I will have something to write about Asian live sex from the Philippines.

  2. 1
    Steve

    If you want to talk to strangers on the site, you don’t need to have a camera and you don’t need to register to site at all.

  3. 1
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    People can upload photographs and write short dedications on the website.

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    Steve

    Join chatrooms, create your profile, and see who's out there.

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    Steve

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