Philippine Girls' Dating Service Wins Half Million In Capital Despite Near Collapse

Valenice Balace of Manila calls herself an introvert but has an uncanny way of getting venture capital by just being around. The 27-year-old business degree holder started an online dating service with a women's rights theme with 30,000 pesos (US$640) of her own money. She gives date seekers in the Philippines an online platform to get to know people through game and choose the best candidates via a list of questions. The service called Peekawoo has 200,000 clients, 40% active, but has never made money. Balace doesn't sell ads. She has no monetization scheme, the type of secret you should never tell a venture capitalist.