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The Business of Online Dating

Tuesday, 14 Feb 2012 | 5:20 AM ET

Cliff Lerner, CEO of SNAP Interactive, told CNBC, "I think the two big trends we are seeing are mobile and social, when you think about mobile and how users are going online dating, it is a disruptive technology, you can take out your mobile device and immediately find singles who are nearby and when you have disruptive technologies you can find companies that overnight become huge sucesses."