Monday, November 9, 2015
Match Group (MTCH) aims to raise USD537 Million in IPO ?
http://www.ft.com/intl/cms/s/0/0c74fa14-86e4-11e5-90de-f44762bf9896.html
Prospectus NOV 2015
http://www.sec.gov/Archives/edgar/data/1575189/000104746915008434/a2226458zs-1a.htm
Match Group (MTCH) Updates Underwriters in IPO Filing
http://onlinedatingsoundbarrier.blogspot.com.ar/2015/11/match-group-mtch-updates-underwriters.html
Match Group (MTCH) Total Liabilities: USD545,987,000 due to PlentyOfFish acquisition.
Market share in revenue for PlentyOfFish owned by Match Group is only 5%
PlentyOfFish is past its prime and of course in decadence.
IAC Q3 2015 reports reveals PlentyOfFish (POF) has 500,000 paid members.
PlentyOfFish Media Inc. (POF) 2015 revenue estimated USD 80 Million or less!
Unfortunately the Match Group had been doing all wrong, acquiring rotten companies to show illusory success to its investors.
The Match Group is only a collection of old and obsolete online dating sites: Match, Meetic, Chemistry, OkCupid, FriendScout24, OurTime, HowAboutWe and many more. Even Tinder will not monetize as expected.
The Match Group is not going to innovate and revolutionize the Online Dating Industry in the next years.
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