Congratulations to Hornet, the hookup app that can always reliably make you say “oh yeah, I forgot about that one.” But that blind spot might just be going away soon, because they’ve raised $8 million to spend on … who knows, hornet stuff, maybe?
Since its inception, Hornet’s strived to be more than just a Grindr clone with less name recognition. They want to provide “quality social interactions with more ways to meet and engage in local gay communities,” so, okay. They recently bought Vespa, not the scooter company but the gay travel guide (which you have also never heard of).
You can do a lot with eight million dollars though, and the company says they’ll “support rapid business growth and user adoption” around the world. Apparently the company’s properties are far more popular overseas, in countries like Russia and Taiwan and Brazil. Who knew?
You can also blow through millions of dollars pretty fast, as the dot-com burst showed us. Use your newfound power wisely, Hornet, and don’t spend all your money on on hookers and blow. (That’s for your users to do.)
How about we take this to the next level?
Our newsletter is like a refreshing cocktail (or mocktail) of LGBTQ+ entertainment and pop culture, served up with a side of eye-candy.
We like to tease, but the fact that investors were willing to shell out this much money probably indicates that there’s something smart happening at Hornet, something of value, something we should probably be taking seriously. If money-people believe in the company, it’s probably worth taking a closer look at just how they’re providing those quality social interactions.
Don't forget to share:
shivian
Ahh yes, the Chinese. A truly reliable source of funding that, in no way, are anti-LGBT… oh wait…
MarionPaige
there is a perception that there is a lot of money in China but that wealthy Chinese do not have a lot of ways to invest that money. Not too long ago,
it was joked about how some dumb movie could only get made if the producers found some not very savvy Chinese investors.
We are currently on the tail end of a run up on the value of internet domain names with duplicate letters like “LLL” because such domain names could have unusual meanings / use in China. Who knows,
Hornet’s internet domain name alone could be worth a $8 million investment to the Chinese.
Prax07
Not many local guys use Hornet here in Northeast PA. In a twelve mile radius there are just 24 users, including my profile, compared to three+ times that on growler, scruff, and grindr.
Danny279
This is the promiscuity-industrial complex. Venture capitalists and other wealthy people and businesses getting rich off of promoting promiscuity among gay and bi men. This isn’t liberation.
ChrisK
and the same sex hounds on hornet will conversely be on Grindr and scruff to increase their chances.
Tobi
No rich asians.
Prax07
Oh pish-posh, not all guys on these apps are sex fiends. The first words on my profiles are “Not into hookups”. Some of us actually use the apps to meet guts for more than sex.
Jack Meoff
@MarionPaige: That would be a correct assumption. All the cashed up Chinese are coming to Australia and buying up all our multi million dollar properties and new apartment complexes. It’s driving real estate values through the roof. Now they are buying up gay cruising apps. Didn’t see that one coming.
dfjiusoghs
thanks for sharing such a nice article keep sharing with us man please download here this app 9apps
miOS Haimawan
playbox really it was nice app