Markus Frind: Work a Little, Make a Lot

Want to work 10 hours/week and make profits of $10-million a year?

If you’re Markus Frind, who owns the Plenty of Fish online dating site, you’re living the dream. It’s like winning the lottery every year as he operates a skeleton bones business out of his apartment.

While the New York Times accurately describes POF’s interface as a “visually painful experience”, hundreds of thousands of lonely souls (1.2 billion pageviews a month) clear like what POF has to offer.

What particularly interesting is Frind’s relatively low profile in Canada. He is, by far, one of the country’s most successful entrepreneurs yet he hasn’t anywhere near the accolades he deserves. Maybe that’s by design. After all, what else do you need if you’re barely working but making mega-bucks?!

More: A few months ago, ReadWriteWeb had a post suggesting POF could be worth $1-billion in the wake of Microsoft’s 1%/$240-million investment in Facebook. From a fundamentals standpoint, it’s difficult to justify a price-to-sales ratio of 100x but fundamentals aren’t really part of the online landscape these days.

As well, Mathew Ingram points out that POF has some major announcements coming out soon.

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