3 ms·

> Dominating the dating site market is a money printing machine Not if you already have almost the whole market to yourself. > Match Group ... owns and operat

> Dominating the dating site market is a money printing machine Not if you already have almost the whole market to yourself. > Match Group ... owns and operates the largest global portfolio of popular online dating services including Tinder, Match.com, Meetic, OkCupid, Hinge, PlentyOfFish, UPWARD, Ship, and OurTime, totalling over 45 global dating companies https://en.wikipedia.org/wiki/Match_Group https://en.wikipedia.org/wiki/Match_Group

red_trumpet 4y ago
I fail to see how this would not make it a money printing machine?
- Smar 4y ago
  It is already, regardless of quality of their product?
- smnrchrds 4y ago
  "If you were a product person at IBM or Xerox, so you make a better copier or computer. So what? When you have monopoly market share, the company's not any more successful." - Steve Jobs https://www.youtube.com/watch?v=P4VBqTViEx4 https://www.youtube.com/watch?v=P4VBqTViEx4
  - red_trumpet 4y ago
    I don't believe that quote to be true if we suppose "success = printing money". And if we don't suppose that, I do not see relevance of that quote.
googlryas 4y ago
Most of those companies were acquisitions for the match group, so basically build a great dating site and match group will pay you a barrel of money to buy your money printing machine.
- codr7 4y ago
  I once worked for a guy who supposedly was involved in the creation of the original match site, money was the only language he spoke.
cheriot 4y ago
Bumble being the largest one in the US that they don't own (only Tinder is larger). https://infogram.com/us-dating-app-marketshare-1h8n6m3konzmz4x https://infogram.com/us-dating-app-marketshare-1h8n6m3konzmz... Intuitively, the largest dating app has a moat because people will open the app that has the people they want to date. Nevertheless, Match has had to continue acquiring competitors in order to stay in first place. So maybe that moat isn't so defensible?
- Our_Benefactors 4y ago
  Dating apps seem more prone to the “eternal September” effect than other forms of social media. In practice, this looks like less quality messages being sent, more fake/catfish users, and monetization where it didn’t exist previously.

red_trumpet 4y ago

I fail to see how this would not make it a money printing machine?

Smar 4y ago
It is already, regardless of quality of their product?
smnrchrds 4y ago
"If you were a product person at IBM or Xerox, so you make a better copier or computer. So what? When you have monopoly market share, the company's not any more successful." - Steve Jobs https://www.youtube.com/watch?v=P4VBqTViEx4 https://www.youtube.com/watch?v=P4VBqTViEx4
- red_trumpet 4y ago
  I don't believe that quote to be true if we suppose "success = printing money". And if we don't suppose that, I do not see relevance of that quote.

googlryas 4y ago

Most of those companies were acquisitions for the match group, so basically build a great dating site and match group will pay you a barrel of money to buy your money printing machine.

codr7 4y ago
I once worked for a guy who supposedly was involved in the creation of the original match site, money was the only language he spoke.

cheriot 4y ago

Bumble being the largest one in the US that they don't own (only Tinder is larger). https://infogram.com/us-dating-app-marketshare-1h8n6m3konzmz4x https://infogram.com/us-dating-app-marketshare-1h8n6m3konzmz... Intuitively, the largest dating app has a moat because people will open the app that has the people they want to date. Nevertheless, Match has had to continue acquiring competitors in order to stay in first place. So maybe that moat isn't so defensible?

Our_Benefactors 4y ago
Dating apps seem more prone to the “eternal September” effect than other forms of social media. In practice, this looks like less quality messages being sent, more fake/catfish users, and monetization where it didn’t exist previously.