2 posts and columns on Andrew Conru

The Mystery of the Adult FriendFinder Ferrari, Sort-Of Solved

in Media on December 29, 2008 at 10:31 am PT

What does a money-losing porn and social-networking company do with a $95,000 car? Apparently, it tries to give it away as a contest prize. Still unclear: Why Adult FriendFinder bought the Ferrari from its founder.

What Kind of Car Do Investors Get With the FriendFinder Porn IPO?

in Media on December 27, 2008 at 10:22 am PT

Anyone who buys into the FriendFinder Networks IPO won’t just be buying a piece of a debt-ridden, money-losing collection of porn sites and social networks. They’ll also be buying a piece of a car the company bought from one of its founders, and now values at $95,000. Readers tell me it’s a Ferrari Modena.