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Tinder Hits USD 3 Billion Valuation After Match Group Converts Options ?
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The Match Group is only a collection of old and obsolete online dating sites: Match, Meetic, Chemistry, OkCupid, LoveScout24 (FriendScout24), OurTime, HowAboutWe, PlentyOfFish and many more and all of them are past their primes, reached operating ceiling and they are in decadence.
PlentyOfFish under facelift, new 2017 redesign
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PlentyOfFish (POF) is revealed as the most dangerous dating app in Britain
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The Match Group overpaid for PlentyOfFish last July 2015 (It was insane, USD 575 Million for PlentyOfFish that past its prime 3 years ago).
The Match Group had been doing all wrong, acquiring rotten companies to show illusory success to its investors.
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For me it is clear they do not want to innovate.
They want to squeeze their big databases to get all the juice (money) from the wallets of the daters.
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Match Group's (MTCH) CEO on Q2 2017 Results - Earnings Call Transcript
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article: Why online dating is waste of time
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