Andrew Conru
This article contains promotional content. (February 2015) |
Andrew Conru | |
|---|---|
| Education | Rose-Hulman Institute of Technology Stanford University |
| Occupation | Businessman |
| Title | CEO, FriendFinder Networks Inc. |
| Website | conru |
Andrew Conru is an American internet businessman who has founded e-commerce, advertising, online dating, and personal ad sites including W3, AdKnowledge, WebPersonals, FriendFinder, and Adult FriendFinder. He is the CEO of FriendFinder Networks Inc.
Education and early career
[edit | edit source]Conru grew up in northwestern Indiana and attended Rose-Hulman Institute of Technology, earning undergraduate degrees in economics and chemical engineering.[1] In 1991, he went to Stanford, receiving a doctorate in mechanical engineering.[2]
While there, he founded W3.com, an early interactive website development firm that was the first company to develop commercial software for membership management.[3][4] The company created PWS (Personal Web Site), an early customized advertising product used by Hewlett-Packard and Egghead Software.[5] In 1997, the company released a product called AdOptimizer Network, the first centralized ad server, which allowed sites to manage advertising across a network of sites.[1][6] He also founded Adknowledge, a web-based banner advertising company.[7] In 1994, Conru founded WebPersonals.com.[8] Considered to be one of the first internet dating sites, Conru sold the company in 1995.[9]
FriendFinder
[edit | edit source]In 1996, Conru launched FriendFinder.com, an early social networking site.[10] Days after the site went live, he found that members were posting nude photos pictures of themselves and using the site to seek out partners for adult activities.[11] As a result, he started Adult FriendFinder, followed by other niche dating sites, including Senior FriendFinder, Amigos.com, BigChurch.com, and Alt.com.[12] By 2007, the websites had 260 million registered members combined, more than 500,000 affiliates and 450 employees.[12][13]
In December 2007, Conru sold the company to Penthouse Media Group for $500 million, much of which came in the form of IOUs.[14][15] Penthouse later changed its name to FriendFinder Networks.[16] On September 17, 2013, FriendFinder Networks Inc. filed for Chapter 11 bankruptcy protection.[17][18] In December 2013, as the company emerged from bankruptcy protection, Conru once again gained control of the company, and is its CEO.[19][20]
Charitable and political activity
[edit | edit source]In 2010, Conru launched the non-profit foundation Compute.org, which awards internet and software startups with grants in amounts of $50,000–100,000.[21] One startup that has been awarded is CityRoof.org, a social network for homeless people that helps the homeless connect with necessary resources.[22]
In 2014, he delivered the keynote address at AVN Internext Expo in Las Vegas, Nevada.[23]
Human Diversity Foundation
[edit | edit source]In October 2024, Hope not Hate discovered through an undercover investigation that Conru had donated over $1 million to the far-right Human Diversity Foundation which publishes discredited ideas of eugenics and racism through podcasts, online magazines and dubious papers.[24] In response to the investigation, Conru said he has stopped funding the HDF, remarking that he was "deeply troubled" by the findings of the investigation and stated he rejects "racism, discrimination or hateful ideology."[25]
See also
[edit | edit source]References
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- ^ Margo Vansynghel. Seattle arts funder, after Guardian report, disavows ‘hateful ideology’. Seattle Times. 22 October 2024.