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Hugely profitable, it's forecast to generate hundreds of millions of dollars this year, and is being aggressively courted by venture-capital firms valuing it in the billions.And it's run from London by a secretive Russian serial entrepreneur who has steadfastly refused to be interviewed or photographed. The world's largest social network Badoo is the world's largest social network that you probably haven't yet heard of.A year after Badoo's 2006 launch, when it had 12 million members, Russia's Finam Technology Fund bought a ten per cent stake for million, valuing it at 0 million (this year Finam will realise an option for a further ten per cent at a higher valuation).
It was a scene from one of the most celebratedmovies ever made, the 1962 classic What Ever Happened To Baby Jane? But as she raised andswung her right foot, encased in a black anklestrappedshoe, she made contact with Crawford'shead, gashing her scalp, which needed threestitches, and causing a lump the size of an egg. The enmity had festered for decades, despite repeated public denials by both women that it existed. "Most of her rivalsare now dead," she observed, "and Miss Davis wouldlike to present herself as just another little old ladyin tennis shoes."There is no question that Davis — the centenary ofwhose birth fell last month on April 5 — lied.
Davis maintained this fiction even twoyears after Crawford's death. Her hatred of Crawford was real enough, and away fromthe media, Davis heaped scorn on her rival'smemory until the end of her days.
Still barely registering in Britain or the US, the free-to-use network -- on the web and via smartphones -- is a mass phenomenon in Brazil (14.1 million members), Mexico (nine million), France (8.2 million), Spain (6.5 million) and Italy (six million).
Relying on word-of-mouth rather than any marketing spend, it has cracked the internet's eternal conundrum: how to persuade users to pay hard cash in a world drowning in free digital services and content, by charging members each time they want to boost their visibility to others searching for a date.
Run from 800-square-metre loft-style offices in Soho, it is brilliantly effective at providing one simple and universally compelling service: hooking up members according to their profile pictures and location. ," implores the home page, alongside photos of prospective friends such as Terri, 21 ("Wants a candlelit dinner"), and Christopher, 25 ("Wants wake up with a girl" [sic]).