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After troubles with venture capitalists over his insistence that the company serve profitable alternative market segments including the LGBT market, 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.
The Founder of Match.com, Lost His Girlfriend on Match.com
After troubles with venture capitalists over his insistence that the company serve profitable alternative market segments including the LGBT market, 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.