TECH CRUNCH – June 6 – WittyThumbs is essentially RapGenius for dating conversations. Users take a screenshot of their text messages, upload it to the site, and other users can annotate and give feedback. There's also a premium option to chat with a dating expert for one on one feedback – this is billed by the minute, and starts at $30 for 30 minutes of advice.
Month: June 2017
Match Group Declares Share Buyback Program
THE CERBAT GEM – June 4 – Match Group's Board of Directors has approved a share buyback plan, which permits the company to buyback 6M outstanding shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's management believes its stock is undervalued.
by Renee Jackson
See full article at The Cerbat Gem
Gaza Dating Site Matches Widows To Men Seeking 2nd Or 3rd Wife
NEW YORK TIMES – June 4 – Wesal (it means communion or reunion in Arabic) is a first-of-its-kind matchmaking website in Gaza. It has been successful, and not just because Tinder and other dating apps are banned here. Its founder knows his demographic well. ~1,400 men have been killed in the three wars with Israel since 2008, leaving many widows who would like to remarry. Tradition, however, can make it difficult for them to wed single men. Wesal not only facilitates marriages for widows, but also for the divorced and those who have never married. Wesal is ad-supported, plus a man and a woman who get married after meeting on the site are supposed to pay $100 each.
The League Set To Launch In Atlanta
ATLANTA BUSINESS CHRONICLE – June 4 – The League is set to launch in Atlanta in early June. The app has a launch party scheduled for Atlanta on June 6, and is planning to launch in nine other cities this summer.
by David Allison
See full article at Atlanta Business Chronicle
June Is The Most Popular Month For One Night Stands
DAILYMAIL.CO.UK – June 4 – OKCupid has observed an increase in the number of users opting for casual sex in April, May and June. In June 33% more people are looking for a one night stand compared to the other eleven months of the year. Researchers say this could be because people are beginning temporary ventures like internships or going on vacation. People revert in the fall and settle for more permanent relationships.
Brits Are Returning To Traditional Matchmakers
DAILYMAIL.CO.UK – June 4 – The Association of British Introduction Agencies says its members (matchmakers) saw an increase of ~27% in inquiries over the past year. The resurgence comes after numerous horror stories of fraudsters preying upon victims through online dating. The latest figures from the National Fraud Intelligence Bureau reveal 3,889 romance-seekers were duped into handing over £39M to criminals last year.
by Valerie Elliot
See full article at DailyMail.co.uk
Indian Dating App Aisle Understands Nash’s Equilibrium
QUARTZ – June 3 – Nash's equilibrium hows how, in non-co-operative situations involving two or more players, individuals end up making decisions that are terrible for the group. In the case of dating apps the male/female ration is the problem. Men are trying hard to get female attention. On Tinder, this imbalance leads to men swiping right on as many females as possible. The men, undoubtedly, would benefit from a common understanding to be more selective, but have no way to reach such a collective agreement. Dating app Aisle only lets users connect with someone by buying 'invites'. Invites come in packages of three ($33), five ($50) and seven ($66). This invite-system neatly sidesteps the Nash's equilibrium problem and rids males of the power to indiscriminately try to match with everyone and females of unwanted attention. Users can only buy seven invites at a time. Invites only get used up when accepted, and are added back to their account if declined.
by Abhishek Madhavan
See full article at Quartz
Having Fun At The Mobile Dating Conference – Day 2
OPW – June 3 – Alex Harrington, CEO of Snap Interactive, is a former investment banker and gave an awesome overview of what acquirers are generally looking for, and traps to avoid. Katherine Knight, Director of Marketing at Zoosk gave tips on app marketing. …and lots more.
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See all posts on Zoosk
Post by Mark Brooks @ Courtland Brooks
A Matchmaker Who Travels The World For Techie Millionaires
CNBC – May 30 – Amy Andersen is the founder and CEO of Linx Dating, an exclusive dating and social network based in San Francisco. Andersen's top clients are tech executives in the Bay Area – founders, CEOs and entrepreneurs – who can afford to shell out $100k and $500k for her services. Andersen can currently take credit for over 100 successful, exclusive relationships in the region, as well as countless marriages of former clients.
Bumble Is Opening A Physical Space In New York For Dates To Meet Up
TECH CRUNCH – June 2 – Bumble is opening a pop-up location in New York City. While the space will be open during the week for couples to meet up (or friends to just stop in and check it out), there will also be a series of events focused on relationships, female entrepreneurship and more. The space will also have a coffee (and real) bar, as well as Bumble merchandise for sale (where all proceeds go to charity). It will be located in Soho at 158 Mercer Street.
