
In DS
biographies,
Gary Alan Kremen (1963-) is an American electrical engineer and computer scientist who conceived of the personals site
match.com in 1993. [1]
Education Born in the Chicago area, he graduated Niles West High School in 1981, then graduated with bachelor's degrees in electrical engineering and computer science from Northwestern University in 1985, and a MBA from Stanford University in 1989. [2] After graduating from Stanford, Kremen launched software firm Los Altos Technology and headed the company until investors replaced him with a new CEO in 1993.
Match.com In 1993, Kremen founded Board of Electric Classifieds, Inc. the first company to bring classified ads to the internet. Funded by private investors in November 1994, it launched online personals service
match.com in April 1995. [3] After troubles with venture capitalists, he left match.com in March 1996, remaining on the board of Electric Classifieds. Over Kremen's objections, match.com was sold to Cendant Corporation for $7 million in 1998, and sold by Cendant to Ticketmaster a year and a half later for $50 million, although Kremen's proceeds amounted to $50,000 and a lifetime account on match.com. [4]
References 1. Krieger, Todd. (1995). “
Love and Money”,
Wired, Issue 3.09, Sept.
2. Showley, Roger M. (2004). “
Web site founder adjusts to life in Rancho Santa Fe.”
SignOnSanDiego.com, 05-24.
3. Angwin, Julia. (1998). “
Love’s Labor Lost: Online Matchmaker Still Seeks Love, Money.” SFGate, San Francisco Chronicle, Feb. 12.
4. O'Brien, Chris. (2003).
"The Prisoner of Sex.com." Wired, via wired.com, August.