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Over the last three years, new memberships, retention rates and time spent on the site decreased, primarily due to increased competition.

In July 2012, the 78-year-old e Harmony founder came out of retirement to become chief executive.

e Harmony, which was launched on August 22, 2000, is based in Los Angeles, California; it has members in more than 150 countries and maintains operations in the United States, Australia, Canada, the United Kingdom, and Brazil. Large investors include Sequoia Capital and Technology Cross Ventures.

e Harmony was founded by Neil Clark Warren, a psychologist and author of relationship advice books, along with Greg Forgatch, Warren's son-in-law.

Robert Owen, a Welsh industrialist and social reformer, purchased the town in 1825 with the intention of creating a new utopian community and renamed it New Harmony.

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