Mon, Jul 30th 2007 1:04am
While venture capital funds have flowed into all sorts of internet-related businesses, they've largely ignored adult-oriented ones, despite the opportunities that market offers. But, the IHT reports, that may be starting to change as VCs get over the stigma of investing in porn companies or other adult-related businesses. While some people say "investment tastes" may be changing, it seems more likely that the VCs' need to find good deals is trumping their moral objections or comfort levels, as they face increasing competition for deals and growing displeasure from their backers about mediocre returns on their investments. On these fronts, sexually oriented businesses are a winner, since relatively few firms want to invest in them, while the market for adult content and other products and services can be a money-spinner. Still, it's early days, and many VCs (or the limited partners who back them) don't want to invest in porn or other sex businesses -- but it looks like that resistance may be lessening as the desire for cash wins out.
If you liked this post, you may also be interested in...
- South Carolina Senator Wants To Charge Computer Purchasers $20 To Access Internet Porn
- UK's Ridiculous Internet Porn Crackdown Can Be Used To Kill Social Media Accounts
- Israeli Lawmakers Pushing Mandatory, Default ISP Porn Filtering Because That Always Works So Well
- Border Patrol Agent Caught Watching Porn On The Job Blames The Internet Filter For Not Stopping Him
- NYC Kills Internet Browsing At Free WiFi Kiosks After The City's Homeless Actually Use It