Among the companies in which he has invested is Dogster (a canine-friendly website), which was "one of my first forays as an angel investor.” He also has invested in software company Anomaly Innovations, which, according to its website, is working on Melt, a mobile app where, “you make friends with people by sharing a glimpse of your life.”
Young’s other investments include a cosmetics and “social beauty site,” Beautylish; Mission Motors (a designer of electrical powertrains), and Crunchyroll (a video service for Japanese Anime).
HOTorNOT is now owned by Or Not Limited. A spokeswoman told ABC News the site will be re-launched soon, though she declined to provide details about what users can expect from the new product.
Performance metrics suggest HOTorNOT today is a shadow of its former self. According to website analysis and statistics company Hyperstat, the site is valued at $93,500. Alexa Traffic Rank says the site is visited by only 0.0042 percent of global Internet users, making it the 48,088th most visited site in the world.
Asked what he thinks his and Hong’s legacy is, Young said: “We pioneered the use of open-source technology, which [Facebook CEO Mark] Zuckerberg used later on to build Facebook. We were one of the first social networks.” As for Tinder, "Obviously it's very popular right now. It's essentially just HOTorNOT re-invented for mobile," Young said.
At the time when HOTorNOT was launched, “it was a scary thing to put a picture of yourself online. Now? It’s normalized," he said. "We were at the forefront of everybody having their own presence online.”