EHarmony Founder Breaks Up With Investors in Company Reboot
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EHarmony Inc., the operator of a website designed to help guide singles into happy marriages, is ending some relationships of its own.
At age 78, Neil Clark Warren, who founded the company 12 years ago, is taking back control. Since becoming chief executive officer in July after a series of CEO changes, he’s fired 100 people, cut the board from nine to two and bought back stock from Sequoia Capital and Technology Crossover Ventures, which invested $110 million in 2004.