Contributed by: ElyseRomano on Thursday, January 02 2014 @ 12:04 pm
Last modified on
Most people are still calling Tinder the future of dating. But behind the scenes, Tinder is already looking at a future beyond the dating world.
At Disrupt Europe, Sean Rad, founder and CEO of the mobile dating app, acknowledged that the "unwritten context" of Tinder in its current form is romantic relationships, but he added that Tinder's foundational function - connecting two people when they express mutual interest in each other - is "a universal thing across friendships, across business, across anything." With that in mind, his goal is to turn Tinder into the solution for "every single problem you have when it comes to making a new relationship."
Wow. Someone might need to take his ego down a notch.
I'm kidding, of course, but there's no denying that goal is lofty. Is it too much of a stretch, or just the amount of stretch the industry needs?
Rad believes that the impact of social networks has been to allow users to improve existing relationships. Where they fall short is in making it easier to meet new people. Interactions on social networking sites and online dating sites have developed a "hunter/hunted" dynamic, he argues, in which hunters feel they have to hunt more aggressively and those who are hunted feel increasingly uncomfortable. That's no way to begin a relationship.
Rad hinted that Tinder may be facing a future in which it is more closely tied to real-world locations. Eventually, he said, users should be able to spot someone they want to meet in the same room and indicate their interest in connecting right then and there. That rapid-fire approach to introductions also brings up the question of superficiality, which Tinder is often accused of encouraging. Rad addressed the issue by saying it's something humans do anyway, and that at least while using Tinder, people have the opportunity to choose the optimal picture to "express themselves." He even went so far as to call Tinder less superficial than our everyday lives.
When questioned about Tinder's business model, Rad said the team is currently focused on product and user growth. They're also reviewing potential revenue options, including in-app purchases. The app sees 3.5 million matches and 350 million swipes per day (about 30% of which are swipes to the right that indicate interest). Over the course of its lifetime, the app has seen 30 billion swipes and 300 million matches total. Given Tinder's massive growth, it's unlikely the app will have trouble making money when it finally decides to take the plunge.