Good for short term, bad for long term.
- Why IAC Keeps a Foot in the Door of Match Group MTCH = BIG DEBT
The Match Group overpaid for PlentyOfFish (It was insane, USD575 Million for PlentyOfFish that past its prime 2+ years ago).
"There are other big problems with MTCH stock. It is loaded with debt — almost USD1.2 billion of it. It is trying to refinance some of that debt with a USD400 million bond offering, but the rate is effectively in junk territory — 6.375%. It has USD1.3 billion of goodwill on its balance sheet from all of its acquisitions, almost a third of its market cap."
- 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.
Tinder statement about spam bots invasion
*** Only way to sustain that huge revenue is creating fake profiles from inside to entice customers to subscribe. *** ???
- Be alerted USA FTC goes for Match Group, perhaps no more automatic rebilling clause soon!
- BAD PRESS for Match Group
articles about: Florida dad killed after PlentyOfFish (POF) robbery set up