"Breaking the online dating sound barrier": May 2022

Friday, May 20, 2022

article: Facebook Dating (MAY 2018) Was Set To Take Over The Market – Instead It Was Dead In The Water

https://techfinancials.co.za/2022/05/19/facebook-dating-was-set-to-take-over-the-market-instead-it-was-dead-in-the-water/

January 20, 2022: Meta (Facebook) shuts down its video speed-dating service, Sparked
https://onlinedatingsoundbarrier.blogspot.com/2022/01/january-20-2022-meta-facebook-shuts.html

Facebook Dating coming to the U.S. at end 2019
https://onlinedatingsoundbarrier.blogspot.com/2019/04/facebook-dating-coming-to-us-at-end-2019.html

Friday, May 13, 2022

WSJ article: Match, Bumble Fight the Ick

Investor wariness of subscription tech services has extended to dating apps. Match and Bumble want to change that.
https://www.wsj.com/articles/match-bumble-fight-the-ick-11652351401

Bumble Inc. (BMBL) Q1 2022 Results / total debt was USD 622.3 Million.
https://onlinedatingsoundbarrier.blogspot.com/2022/05/bumble-inc-bmbl-q1-2022-results-total.html

Spark Networks (NASDAQ:LOV) reports Q1 2022 results
https://onlinedatingsoundbarrier.blogspot.com/2022/05/spark-networks-nasdaqlov-reports-q1.html

BBC article: "Why people behave badly on dating apps"
https://onlinedatingsoundbarrier.blogspot.com/2022/05/bbc-article-why-people-behave-badly-on.html

SA article: Match Group: With Domestic Paid Users Declining, This Company Offers More Risk Than Reward
https://onlinedatingsoundbarrier.blogspot.com/2022/05/sa-article-match-group-with-domestic.html

MTCH Q1 2022 financials
https://onlinedatingsoundbarrier.blogspot.com/2022/05/mtch-q1-2022-financials.html

The Online Dating Industry needs INNOVATIONS, not more bells and whistles.
Lack Of Innovation & Decadence can summarize the Online Dating Industry.
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.

The 3 milestone discoveries of the 2001 - 2010 decade for Theories of Romantic Relationships Development are:

I) Several studies showing contraceptive pills users make different mate choices, on average, compared to non-users.
"Only short-term but not long-term partner preferences tend to vary with the menstrual cycle"

II) People often report partner preferences that are not compatible with their choices in real life. (Behavioural recommender systems or other system that learns your preferences are useless)

III) What is important in attracting people to one another may not be important in making couples happy. The key to long-lasting romance: COMPATIBILITY is exactly STRICT PERSONALITY SIMILARITY and not "meet other people with similar interests or political views".

Online Dating sites have very big databases, in the range of 20,000,000 (twenty million) profiles, so the Big Five model or the HEXACO model are not enough for predictive purposes. That is why I suggest the 16PF6 test instead and another method to calculate similarity.

High precision in matching algorithms is precisely the key to open the door and leave the infancy of compatibility testing.
Without offering the NORMATIVE 16PF6 (or similar test measuring exactly the 16 personality factors) for serious dating, it will be impossible to innovate and revolutionize the Online Dating Industry.

Thursday, May 12, 2022

Bumble Inc. (BMBL) Q1 2022 Results / total debt was USD 622.3 Million.

https://www.globenewswire.com/news-release/2022/05/11/2441252/0/en/Bumble-Inc-Announces-First-Quarter-2022-Results.html

Bumble Inc. (BMBL) CEO on Q1 2022 Results - Earnings Call Transcript
https://seekingalpha.com/article/4510342-bumble-inc-bmbl-ceo-whitney-wolfe-herd-on-q1-2022-results-earnings-call-transcript

Bumble Inc. Announces Q4 and Full Year 2021 Results
https://onlinedatingsoundbarrier.blogspot.com/2022/03/bumble-inc-announces-q4-and-full-year.html

Monday, May 9, 2022

Spark Networks (NASDAQ:LOV) reports Q1 2022 results

https://seekingalpha.com/news/3835360-spark-networks-reports-q1-results
https://seekingalpha.com/pr/18784850-strong-execution-in-first-quarter-2022-leads-spark-networks-to-reiterate-expected-revenue
https://www.spark.net/news-releases/news-release-details/strong-execution-first-quarter-2022-leads-spark-networks

Spark Networks Reports Q4 and Full Year 2021 Financial Results
https://onlinedatingsoundbarrier.blogspot.com/2022/03/spark-networks-reports-q4-and-full-year.html

Thursday, May 5, 2022

BBC article: "Why people behave badly on dating apps"

https://www.bbc.com/worklife/article/20220505-why-people-behave-badly-on-dating-apps

MTCH Avoids USD844 Million in USA FTC Claims on Judge’s Ruling
https://onlinedatingsoundbarrier.blogspot.com/2022/03/mtch-avoids-usd844-million-in-usa-ftc.html

From iDate2004 to iDate2013 / FINAL CONCLUSIONS
https://onlinedatingsoundbarrier.blogspot.com/2013/01/from-idate2004-to-idate2013-final.html

article: Why the VC Missed Out on Gaming and Online Dating
https://onlinedatingsoundbarrier.blogspot.com/2022/03/article-why-vc-missed-out-on-gaming-and.html

The Online Dating Industry needs INNOVATIONS, not more bells and whistles.
Lack Of Innovation & Decadence can summarize the Online Dating Industry.
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.

The 3 milestone discoveries of the 2001 - 2010 decade for Theories of Romantic Relationships Development are:

I) Several studies showing contraceptive pills users make different mate choices, on average, compared to non-users.
"Only short-term but not long-term partner preferences tend to vary with the menstrual cycle"

II) People often report partner preferences that are not compatible with their choices in real life. (Behavioural recommender systems or other system that learns your preferences are useless)

III) What is important in attracting people to one another may not be important in making couples happy. The key to long-lasting romance: COMPATIBILITY is exactly STRICT PERSONALITY SIMILARITY and not "meet other people with similar interests or political views".

Online Dating sites have very big databases, in the range of 20,000,000 (twenty million) profiles, so the Big Five model or the HEXACO model are not enough for predictive purposes. That is why I suggest the 16PF6 test instead and another method to calculate similarity.

High precision in matching algorithms is precisely the key to open the door and leave the infancy of compatibility testing.
Without offering the NORMATIVE 16PF6 (or similar test measuring exactly the 16 personality factors) for serious dating, it will be impossible to innovate and revolutionize the Online Dating Industry.

SA article: Match Group: With Domestic Paid Users Declining, This Company Offers More Risk Than Reward

The company only has ~USD 920 Million of cash on its books, and is encumbered by ~USD 3.90 Billion of debt. For a company that does "only" ~ USD 1 Billion of annual adjusted operating income, I'd say Match's debt load is already substantial and piling onto achieve buybacks may add to the company's risk profile.
https://seekingalpha.com/article/4507117-match-group-q1-earnings-domestic-paid-users-declining-more-risk

MTCH Q1 2022 financials
https://onlinedatingsoundbarrier.blogspot.com/2022/05/mtch-q1-2022-financials.html