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Match Group is one of the worst internet companies I know. I was quite surprised when I found out they own basically every online dating thing. I’m not sure wh

by fuzzy2 4y ago

Match Group is one of the worst internet companies I know. I was quite surprised when I found out they own basically every online dating thing. I’m not sure whether… innovation in the online dating space would do us any good, but I’m positive that Match Group is hard at work to prevent it from happening.

bombcar 4y ago
If we take dating to have an end-game of a long-time relationship, then it's a market segment that is always limited, if you're successful your customers leave. Much, much more profitable to simply drag your customers along forever and use every whale-milking technique ever designed.
- hgs3 4y ago
  > Much, much more profitable to simply drag your customers along forever and use every whale-milking technique ever designed. That's true of many industries. If a light bulb manufacturer invented a light bulb that lasted 100 years they'd go out of business. [1] [1] https://en.wikipedia.org/wiki/Planned_obsolescence https://en.wikipedia.org/wiki/Planned_obsolescence
  - 29083011397778 4y ago
    Respectfully, I think you have the wrong wikipedia link for your lightbulb example [0]. Certainly for describing lightbulbs dying earlier than necessary to fuel replacement purchases. [0] https://en.wikipedia.org/wiki/Phoebus_cartel https://en.wikipedia.org/wiki/Phoebus_cartel
  - bombcar 4y ago
    What's interesting about that is at some point the device lasts longer than it is in service for. According to the internet, the "average kitchen" is remodeled every 10-15 years, so once your LED lights last longer than that, they're likely to get thrown away still working.
    - metadat 4y ago
      I've never met anyone who remodels their kitchen every 10 years. That'd get expensive quick, a lame way to spend a million dollars over the course of a lifetime.
      - bombcar 4y ago
        > In 2017, two million kitchens were remodeled (https://www.forbes.com/sites/reginacole/2020/11/08/stop-the-wasteful-cycle-of-kitchen-remodeling/?sh=208ffdfa7b68 https://www.forbes.com/sites/reginacole/2020/11/08/stop-the-...) There are about 70 million single family homes. If we count all dwelling units, we're at 140 million or so. So the average kitchen lasts 35 years by that metric, to 70 years. I suspect the 10-15 year number counts "refreshes" and not just tear-down/rebuilds. Cabinets these days don't often last 35 years without some work.
  - LorenPechtel 4y ago
    Incandescent bulbs that last longer run cooler and thus are less efficient. Long life bulbs are a bad deal except in situations where changing them is a problem.

by fuzzy2 4y ago

bombcar 4y ago

If we take dating to have an end-game of a long-time relationship, then it's a market segment that is always limited, if you're successful your customers leave. Much, much more profitable to simply drag your customers along forever and use every whale-milking technique ever designed.

hgs3 4y ago
> Much, much more profitable to simply drag your customers along forever and use every whale-milking technique ever designed. That's true of many industries. If a light bulb manufacturer invented a light bulb that lasted 100 years they'd go out of business. [1] [1] https://en.wikipedia.org/wiki/Planned_obsolescence https://en.wikipedia.org/wiki/Planned_obsolescence
- 29083011397778 4y ago
  Respectfully, I think you have the wrong wikipedia link for your lightbulb example [0]. Certainly for describing lightbulbs dying earlier than necessary to fuel replacement purchases. [0] https://en.wikipedia.org/wiki/Phoebus_cartel https://en.wikipedia.org/wiki/Phoebus_cartel
- bombcar 4y ago
  What's interesting about that is at some point the device lasts longer than it is in service for. According to the internet, the "average kitchen" is remodeled every 10-15 years, so once your LED lights last longer than that, they're likely to get thrown away still working.
  - metadat 4y ago
    I've never met anyone who remodels their kitchen every 10 years. That'd get expensive quick, a lame way to spend a million dollars over the course of a lifetime.
    - bombcar 4y ago
      > In 2017, two million kitchens were remodeled (https://www.forbes.com/sites/reginacole/2020/11/08/stop-the-wasteful-cycle-of-kitchen-remodeling/?sh=208ffdfa7b68 https://www.forbes.com/sites/reginacole/2020/11/08/stop-the-...) There are about 70 million single family homes. If we count all dwelling units, we're at 140 million or so. So the average kitchen lasts 35 years by that metric, to 70 years. I suspect the 10-15 year number counts "refreshes" and not just tear-down/rebuilds. Cabinets these days don't often last 35 years without some work.
- LorenPechtel 4y ago
  Incandescent bulbs that last longer run cooler and thus are less efficient. Long life bulbs are a bad deal except in situations where changing them is a problem.