Croxon was on CBC's Dragons' Den from 2011 to 2014, and currently invests in digital startups through another company he co-founded, Round 13 Capital.
But those with a dating service pitch should probably look elsewhere."When I see start up dating apps come through our door I say interesting, but no thanks," Croxon said.
"The only way to compete now is to own a ton of sites and start to get some economies of scale."That's what Scott Darling is up against with his dating app, Sniffr.
Sniffr aims to help dog owners to meet other dog owners.
Darling, one of the founders of Sniffr, says he's invested 0,000 in the app but it has only had a few thousand downloads in Toronto, Los Angeles and San Francisco so far.Most of the features are still free, although this is changing as of March 2009 and December 2010.Some non-essential options now require payment to access, but the costs aren't expensive, nor do the features prohibit contacting other members.It helped to pave the way for the rise in digital dating services after it."For a long time we had the market to ourselves.The technology was big and it was expensive," said Croxon.Comments on this story are moderated according to our Submission Guidelines. We reserve the right to close comments at any time.