One thing is always for certain, bad behavior never needs rational explanations to justify its actions. And when millions of Americans, including many well known industrialists and celebrities, were revealed to be members of the notorious Ashley Madison website following a data breach earlier this year, one would figure that this would signal the end of the IPO that catered to men and women seeking secret rendezvous away from their spouses and partners.
But alas, this is not the case, and as 2015 comes to a close, a new report shows that not only did Ashley Madison not lose very many clients, but the publicity has even led to 4 million new subscribers all looking for their own secret liaisons.
Some 39 million users of Ashley Madison, the notorious dating website for cheaters, had their personal information exposed in a data breach in August. However, despite the massive scandal, the site’s subscription has somehow jumped to 43.3 million.
Some believed that the controversial cheating service would be ruined when Ashley Madison’s user database was leaked in August. However, as early as August 31, they were reporting an increase in membership.
Many interesting celebrities were found to be allegedly associated with the website, including Josh Duggar, who is a member of the famous reality show family, and Hunter Biden, who of course is the son of Vice-President Joe Biden.
Like the dot com’s of the late 1990’s, Ashley Madison is a product of the new internet bubble where Wall Street has desperately sought to create a ‘unicorn’ environment, where brokers can pump shares and earn fees from unprofitable companies. And whether Ashley Madison can survive in 2016 due to the numerous civil lawsuits they face for the data breach, one thing is for sure… people wanting sex in any capacity will always seek it out, even if it means the potential of having their personal data released for public disclosure.
Kenneth Schortgen Jr is a writer for Secretsofthefed.com, Examiner.com, Roguemoney.net, and To the Death Media, and hosts the popular web blog, The Daily Economist. Ken can also be heard Wednesday afternoons giving an weekly economic report on the Angel Clark radio show.