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This actually opens up a lot of opportunities. With the existing hegemony of Match, a new company doesn't actually need to worry about becoming profitable; if
by margalabargala 3y ago
This actually opens up a lot of opportunities.
With the existing hegemony of Match, a new company doesn't actually need to worry about becoming profitable; if they can be good enough at matchmaking that they start to catch on, then they can rely on a buyout from Match. Much like how a decade ago, "getting bought by Google" was the business plan of a lot of companies, many of which did get acquired by google.
- mitthrowaway2 3y agoThis probably works once. I'm sure Match's buyout terms will include a non-compete agreement, so you can't keep repeating this trick until they run out of buyout money.
- margalabargala 3y agoOnce per person.