TBD on Ning

Nearly Entire Staff Laid Off at Eons, Says Founder Jeff Taylor

Erin Kutz 11/18/10

[Updated with additional information, Nov. 18, 2010]–-Boston baby boomer and social networking site Eons, which has raised $32 million in two rounds of financing led by two venture capital giants—General Catalyst Partners and Sequoia Capital—yesterday laid off nearly its entire remaining staff, founder Jeff Taylor said tonight.

Taylor, who previously founded Monster.com, revealed the layoff news during his keynote talk tonight at a VIP dinner leading up to tomorrow’s MIT Venture Capital Conference. We could not directly follow up with Taylor but will report back as we gather additional details. The fate of Eons itself could not be confirmed.

Eons launched in 2006. Its latest venture round was a $22 million Series B round that closed in March 2007. Since then Eons has struggled to reinvent itself. Originally founded as an Internet portal for the aging Baby Boomer crowd, it had the slogan “Lovin’ Life on the Flip Side of 50.” But after spending a lot of money with little traction, it removed its over-50 age limit early in 2008 as part of a bid to remake itself as a more general social networking site.

Update, November 18, 9:40 pm—

We caught up with Taylor briefly after his talk tonight. He says he laid off seven of the 12 remaining Eons employees, leaving it with just five staffers. He said the intent behind the move was to focus his remaining resources on Meetcha.com, an Eons-developed dating site for people over 40 that launched in December 2009.


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Alot of old TBDers on Eons.
..name names please.....!
Sinking ships leak lips.....or something like that....;-D
Some are hiding over there.
I looked for Pru over there, did not find her.
Some people changed their nanes. I am still rh296 over there.
I tried it a few times, but couldn't warm up to it - too glossy and too many bells & whistles,
I'm staying here.

I have a profile at Eons that I rarely visit. I had no idea that some TDB-ers were over there...
Me too! I even forgot who I am -------->there!
I sent you a FR there.
Well, I better get on the stick before they close their doors too! *anybody know my password...?*
Jaylee you look the same on Eons.




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