Big, Big Loss.

“In its most recent quarterly filing PlanetOut Inc. reported an accumulated deficit — that’s how much money it’s lost since it started — of nearly $100 million. The San Francisco web portal, which is aimed at the lesbian, gay and transgendered market, reported an accumulated deficit of $99.8 million as of March 31. For that quarter, PlanetOut lost $10.4 million on sales of $4.8 million.” [SF Business Times]