Tuesday, February 2, 2016
Match Group (MTCH) Reports Q4 and Full Year 2015 Results
* The Match Group overpaid for PlentyOfFish (It was insane, USD575 Million for PlentyOfFish that past its prime 2 years ago).
* The Match Group is only a collection of old and obsolete online dating sites: Match, Meetic, Chemistry, OkCupid, FriendScout24, OurTime, HowAboutWe and many more.
* Tinder will not monetize as expected and can collapse like Skout (problems with minors using it). Also Tinder is in war with other online dating application: Bumble backed by Badoo (powered by a Russian Mafia of hackers & spies)
* The Match Group is not going to innovate and revolutionize the Online Dating Industry in the next years.
Lack Of Innovation & Decadence can summarize the Online Dating Industry 2015.
C-Level executives are more worried about their golf scores than their company’s long term strategy and innovations.
C-level executives are cooking barbecues under the water (selling smoke) and not paying attention to latest research from Academics which could be beneficial for the Online Dating Industry.
Wasting precious time with Matchmakers which should be obsolete.
The Online Dating Industry needs Innovations.