"Although Match is in great health, it may come out of the gate at a valuation too high for me to get excited about. "
I agree with the author and also add: The Match Group is not going to innovate and revolutionize the Online Dating Industry in the next years.
The Match Group, Inc. (MTCH) needs a USD 500 Million loan from InterActiveCorporation (IAC) to acquire Plentyoffish Media Inc. (POF) in USD 575 Million.
PlentyOfFish Media Inc. (POF) 2015 revenue is estimated USD 80 Million or less, with 500,000 paid members
If the Match Group pays USD 575 Million for PlentyOfFish Media Inc. (POF)
The cost per paid member is USD 1150. It is an insane figure! ( USD 575 Million / 500,000 paid members)
PlentyOfFish is past its prime and of course in decadence.