First Round Capital Partner Chris Fralic Joins MeetMe’s Board of Directors
March 01 2017 - 9:00AM
Business Wire
MeetMe, Inc. (NASDAQ: MEET), a public market leader for social
discovery, today announced the appointment of Chris Fralic, a
technology industry veteran and partner at First Round Capital, to
the company’s board of directors. On February 27, MeetMe’s board
expanded its number from five to six members, and appointed Fralic
to fill the newly-created vacancy.
Fralic brings over 30 years of technology industry experience
including having served in several significant Internet business
development roles since 1996. He joined First Round in 2006 and has
focused on numerous investment areas that include advertising and
marketing technology, social/mobile, eCommerce/travel, connected
devices and gaming. Prior to joining First Round,
Fralic served as VP of Business Development at social
bookmarking and tagging company del.icio.us through its
acquisition by Yahoo! He was also one of the early employees
at Half.com, where he served as VP of Business Development starting
in 1999, and following the company’s acquisition by eBay, he spent
six years with eBay in a variety of business development, media and
entertainment roles. Fralic has also attended the TED Conference
for more than 20 years and helped to launch TEDTalks, which have
now been viewed over four billion times.
“Chris is a well known technology veteran who brings substantial
experience to MeetMe, including a strong network and deep industry
expertise,” said Geoff Cook, CEO of MeetMe. “He was also an
investor in our predecessor company myYearbook and served as a
board observer until the merger with Quepasa in 2011. We are very
excited to have him join our board and look forward to his
contribution.”
About MeetMe
Through its portfolio of brands, MeetMe (NASDAQ: MEET) is
meeting the universal need for human connection. Using innovative
products and sophisticated data science, MeetMe keeps its
approximately two million daily active users engaged and originates
untold numbers of casual chats, friendships, dates, and marriages.
MeetMe offers advertisers the opportunity to reach customers on a
global scale with hundreds of millions of daily mobile ad
impressions. MeetMe utilizes high user density, economies of scale,
and leading monetization strategies to maximize EBITDA. MeetMe’s
apps are available on iPhone, iPad, and Android in multiple
languages worldwide. For more information, please
visit meetmecorp.com.
Forward-Looking Statements
Certain statements in this press release are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, including whether Mr. Fralic will bring
substantial experience to MeetMe, including a strong network and
deep industry expertise. All statements other than statements of
historical facts contained herein are forward-looking statements.
The words “believe,” “may,” “estimate,” “continue,” “anticipate,”
“intend,” “should,” “plan,” “could,” “target,” “potential,”
“project,” “is likely,” “expect” and similar expressions, as they
relate to us, are intended to identify forward-looking statements.
We have based these forward-looking statements largely on our
current expectations and projections about future events and
financial trends that we believe may affect our financial
condition, results of operations, business strategy and financial
needs. Important factors that could cause actual results to differ
from those in the forward-looking statements include the risk that
our applications will not function easily or otherwise as
anticipated, the risk that we will not launch additional features
and upgrades as anticipated, any changes in popular mobile
operating systems that degrade our mobile applications’
functionality and other unexpected issues which could adversely
affect usage on mobile devices. Further information on our risk
factors is contained in our filings with the Securities and
Exchange Commission (“SEC”), including the Form 10-K for the year
ended December 31, 2015, the Form 10-Q for the quarter ended June
30, 2016 and the Form 8-K filed on October 4, 2016. Any
forward-looking statement made by us herein speaks only as of the
date on which it is made. Factors or events that could cause our
actual results to differ may emerge from time to time, and it is
not possible for us to predict all of them. We undertake no
obligation to publicly update any forward-looking statement,
whether as a result of new information, future developments or
otherwise, except as may be required by law.
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version on businesswire.com: http://www.businesswire.com/news/home/20170301005343/en/
MEET Investors:MKR Group Inc.Todd
Kehrlimeet@mkr-group.com
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