Month: March 2018

Bumble CEO: I Don’t Think About Tinder

Posted on March 12, 2018

Bumble whitney wolfe 2017 croppedCNN MONEY – Mar 11 – "I don't believe revenge is part of my agenda. I'm a firm believer that just like hate spreads hate, love and kindness spread love and kindness. We're doing our own thing," said Wolfe Herd. Last month, Tinder confirmed it will launch a setting that makes it possible for women to interact only with the men they message first. The move has long been the differentiating factor between Tinder and Bumble. Bumble expects to bring in $150M from paid subscriptions this year, Wolfe Herd said, noting that 45% of paying users are women.

by Sara Ashley O'Brien
See full article at CNN Money

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Dating App “Predict Dating” Is Like Uber For Dating

Posted on March 12, 2018

Predict dating app iconIOL.CO.ZA – Mar 11 – South African-made Predict Dating App has just added Instant Dating feature. It is a bit like Uber for dating. It lets users indicate that they're free in the next three hours for a date to see which of their matches are too. Predict's founder, Ayal Belling, says he is trying to address the most common complaints about app dating. People get matches, maybe message a little but then it goes silent.

See full article at IOL

See all posts on Predict

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The Meet Group Layoffs, Shifting Focus To Live Video Streaming

Posted on March 12, 2018

Meetme geoff cook jan 17OPW – Mar 10 – The Meet Group has released its financial results last week. The 2017 revenue was ~125M, up 63% YOY with net income of $28.5M. In the most recent earning call, the group's CEO Geoff Cook announced a layoffs and other cuts to save $7M annually.

Other highlights from the call:

  • focus on enabling video on all platforms
  • launch of new live streaming game called Battles
  • launch of one-on-one video chats on Meetme and Skout
  • continued transition from ad revenue to user pay revenue

See the full transcript

See all posts on The Meet Group

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Liberal Group Launches Anti-Trump Dating Site

Posted on March 12, 2018

Nevertrumpdating partial screenshotTHE HILL – Mar 9 – A liberal group called American Liberal Council (ALC) has launched a dating site for critics of President Trump – NeverTrump.Dating. The website is a response to a pro-Trump dating site. That site came under fire because it only allowed users to register as either a "straight man" or a "straight woman".

by Max Greenwood
See full article at The Hill

Summarized by the IDEA team

We Date Similar People Because Those Are The People Around Us

Posted on March 12, 2018

Dating similar peopleINDEPENDENT.CO.UK – Mar 10 – According to a recent study from the University of California, Davis, we consistently find ourselves dating partners with similar attributes and characteristics because these are the types of people that surround us at school, work, or home – and not because we are subconsciously seeking them out. However, online dating can add some diversity to our dating pool.

by Chelsea Ritschel
See full article at Independent.co.uk

Summarized by the IDEA team

Internet Dating Jobs Listing Update – March 2018

Posted on March 11, 2018

Internet dating jobs logo OPW – Mar 11 - The new Internet dating jobs listing is live on the Internet Dating Jobs blog.

Below see a couple of this month's most interesting offers:

eHarmony
  Vice President, Omni-Channel Acquisition Marketing

Grindr
  Director of Growth

Hornet
  Director, Sales & Partnerships

Match
  Director, Corporate Development

Meetic
  Market Director UK

RubyLife.com
  Director, Product Manager 

Zoosk
  Director, Data Science

To see more open positions go here.

Do you have an idating industry job offer which is not included? Please, send it to petra@courtlandbrooks.com and we will add it to the list.

Post by the IDEA team

LinkedIn Stalking Is Low Key The Biggest Thing In Online Dating

Posted on March 9, 2018

Linkedin stalkingMASHABLE – Mar 9 – LinkedIn has become a valuable resource for online daters. While LinkedIn doesn't have the best in privacy protection, users can choose to remove their profile from public view, so people can't reach it via search engine. Or they can choose to hide their picture, job title, your education, etc., from people who aren't connected to them on the social network.

by Peter Allen Clark
See full article at Mashable

Summarized by the IDEA team

Snap Interactive Changes Name To PeerStream

Posted on March 9, 2018

Peerstream logoTECH CRUNCH – Mar 9 – Back in 2016 after Snapchat rebranded the company name to Snap to reflect its status as a camera company and more than just Snapchat, Snap Interactive filed a trademark infringement lawsuit to bar the change. It turns out that the lawsuit got quietly dismissed in Dec 2016 when the two settled out of court under confidential terms. And now, Snap Interactive is rebranding, to PeerStream. The company declined to say whether its rebrand was part of the settlement. Despite the lawsuit, Snap Interactive has actually benefited a bit from the mistaken identity: the company's stock shot up 164% in February last year when people mistook it for Snap around the time of the latter company's IPO.

by Ingrid Lunden
The full article was originally published at Tech Crunch, but is no longer available.

See all posts on PeerStream (formerly Snap Interactive)

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Joan Ball Invented Online Dating

Posted on March 9, 2018

Derny stitekMASHABLE – Mar 9 – A group of men at Harvard get credit for the first computerized dating service, called 'Operation Match.' But it was actually a woman in England who first devised a way to determine compatibility using a computer. Joan Ball founded and ran the St. James Computer Dating Service, which she later re-named Com-Pat (short for "computerized compatibility). She translated survey answers about what a prospective lover did not want in a partner to punch cards, which she ran through a time-shared computer. Her program would reveal the "match" in the system, and people using the service would receive the name and address of whoever they had been paired with. She made the first match-by-computer in 1964 – a year before Operation Match at Harvard was up and running.

by Rachel Kraus
See full article at Mashable

Summarized by the IDEA team

The Meet Group Q4 And Full Year 2017 Results

Posted on March 8, 2018

Themetgroup logoBUSINESSWIRE – Mar 7 – Q4 Highlights: Total revenue $40.1M, up 37% YOY; mobile revenue $32M, up 15% YOY; net income $9.5M, compared to $12.4M in the prior year quarter. Full Year 2017 Highlights: Total revenue $123.8M, up 63% YOY; mobile revenue $97.8M, up 38% YOY; net income of $28.5M, compared to $26.9M in the prior year. "Video has arrived at The Meet Group," said CEO Geoff Cook. "While we only just began to monetize livestreaming video in Q4 of 2017, it's already a $19M annualized run rate business based on February's results, up 70% versus the fourth quarter average. We expect Q4 of 2018 to be the first quarter in our history in which we generate the majority of our revenue from user-pay, rather than advertising". The company has also appointed Jim Bugden as CFO. He was the long-time CFO of myYearbook (the predecessor of The Meet Group).

See full article at Businesswire

See all posts on The Meet Group

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