Match Group

August 2015 hasn't been kind to Tinder.

Vanity Fair journalist Nancy Jo Sales wrote a feature called “Tinder and the Dawn of the ‘Dating Apocalypse”, in which she blames the app (and online dating in general) for swiping romance off the screen and disrupting the dating lives of modern twentysomethings.

Rather than quietly moving on, Tinder took a stand. Or, to put it more accurately, Tinder decided to go on an epic Twitter rant against Nancy Jo Sales. The Twitter tear ended up in everybody's headlines, putting the app under even greater scrutiny than the original article.

In the wake of the messy meltdown, many seem to be rethinking their approach to online dating. And interestingly, a Tinder co-founder may be behind one of the best alternatives.

Last year, Tinder co-founder Whitney Wolfe sued the company for sexual harassment and was pushed out of the business. Following the kerfuffle, Wolfe founded Bumble – a free, feminist dating app where women call the shots.

The familiar swipe feature is still in play, and both users receive a notification if a match is made, but only women are allowed to make the first move. So far, the app has been successful. The male-female ratio is about 50-50 and more than 500,000 users have joined. The average user spends more than an hour on Bumble per day.

This month, Bumble plans to launch a new feature to help users separate the frogs from the princes. Changes to the algorithm will measure how users behave on the app. Those with “good” behavior will be rewarded with a verified status dubbed “VIBee.” The hope is that VIBee status will act as a filter, much the way age might, helping users to weed out flakes, trolls, and anyone else with generally jerky tendencies.

Unlike some apps that screen for external markers of social status, like graduating from an Ivy League university, VIBee status is about how users conduct themselves. “Our pre-vetting is about how you behave in the app,” Wolfe told TIME. “If you didn’t graduate from Harvard you can still earn your way in.”

“We want to reward those users who have been good members of the community,” she continued. “It’s about rewarding, not excluding.”

Users who respond to messages and swipe judiciously are eligible to earn VIBee status. Those who always swipe right or never swipe right at all will be screened out, as well as anyone who has been reported for harassment. Users with VIBee status will be able to search only for other VIBee-status users.

Tinder is unlikely to disappear from the scene any time soon, but for those who are questioning the world it creates, Bumble could offer a brighter future. For more on the Tinder dating app, please read our review.

You can kiss SexyGirl88 goodbye. Usernames will no longer be part of the dating profile, at least on Match.com. The dating website giant has announced that it will no longer require its members to sign up with usernames, which have long been the cornerstone of the dating profile.

Since Match was created 20 years ago people have used catchy, cute, and frankly sometimes crazy usernames as a way to express themselves. But given the ubiquity of online dating coupled with the popularity of social media, the stigma of “being seen” online no longer exists. Despite the creativity usernames require and how they have playfully enhanced profiles seen by potential matches, Match feels there’s no longer a need for people to hide behind an alias.

Match decided to pay homage to the art of the username by providing some final statistics about them, gathered from its own user database. They created a list of the top 10 “most memorable” user names (making it understandable why many people won’t be sad to see them go):

• TwisDemNipples
• Hardworkingmilf
• IWantAllDaSecks
• DilettosJunkie
• SkittleFartz
• TonyPonyNY
• GlitterIsAColor21
• SPF70Always
• BigGulps32oz
• Assless_Chaps

Match also conducted a survey of its members on some of the best and worst usernames employed over the years. (Although we should note that daters could have used this kind of information when usernames were still a part of the equation.) Perhaps this information can help you with your profiles on other dating sites.

Match discovered that your given name matters. Guys named Mike (61%), Dave (60%) and Steve (59%) are the most likely to get messaged by a woman on Match, while men are more likely to contact Sarah (62%), Michelle (60%), and Lisa (59%).

Country music has always been a money-making business, and it seems that daters on Match likewise preferred to emphasize their own country roots. “Countryboy” and “Countrygirl” have been two of the most popularly utilized names on the site, but 78% of women and 36% of men would NOT reach out to someone with that moniker. The least popular usernames - “Babygirl” ( 14%) “Angel” ( 29%) and “Cowboy” (16% ) did not fare too well, either.

Match also found that men and women differed on what they felt made usernames “bad.” According to the survey, 62% of men felt that immature names were a turn-off, while 81% of women felt offensive names were a turn off.

Now that Match no longer requires usernames, perhaps other dating sites will follow suit. Thanks to dating apps, profiles are being streamlined down to their basic elements: photos and a few tags. It makes sense that usernames would become sidelined, too.

For ore on this dating service you can read our review of Match.

A recent article in Vanity Fair made the argument that apps like Tinder have ruined dating. Reporter Nancy Jo Sales interviewed single twenty-somethings to get their impressions of online dating, and it wasn’t pretty. They admit that “Tinder sucks” and yet they still keep swiping for lack of a better way to date.

Part of the problem, she argues, is that people have a hook-up mentality with dating apps, and men especially. They meet girls to have sex under the guise of pretending to date them, and women have been burned more than once – making them skeptical that any guy wants a relationship.

This argument isn’t a new one. But the reporter feels that dating apps are the real problem – the technology, not the people using them. Let me be more precise: dating apps make it easier than ever to meet new people, providing a way for those who are averse to commitment to do a date-and-dump.

The problem I see with this argument is that it assumes technology is the problem. If we ditched dating apps and online dating in general and went back to an “easier time” – say 1995 – when dating was supposedly alive and well, and all single people were looking for long-term romance. But this just wasn’t the case. In fact, people would hook up and avoid commitment with relative ease – they just did it in person at bars and clubs, rather than through a dating app. Maybe their choices were limited, but the behavior wasn’t much better.

Remember The Rules – dating advice lexicon of that decade? It centered around dealing with men who had commitment issues, basically teaching women how to use their sexuality and femininity to get what they wanted – a relationship.

We’ve come a lot further in our relationship progress in my opinion, partly in thanks to online dating. Dating apps have helped make online dating mainstream. They have allowed shy types to interact more easily with new people. And yes – while some people do use them for hooking up, many others are looking for real love.

Dating takes time. It takes meeting a lot of people before a connection happens. That is the nature of dating – and with a dating app, the haystack is considerably bigger when you are just trying to find that one needle. So it will take you that much longer.

Instead of getting discouraged and giving up dating apps and online dating altogether, it’s time for a different approach. Let’s embrace online dating. Be truthful about what you want so you don’t waste someone else’s time. And most importantly, be respectful to your dates and you’ll find yourself meeting people who will respect you in return.

We're halfway through 2015 and IAC has good news to share. The company's profit in Q2 2015 exceeded expectations, thanks in large part to the overwhelming success of the paid version of its mobile app Tinder.

Match Group, the star of the conglomerate, has driven consistently strong results for the last few quarters, and this one has been particularly momentous. IAC announced its intent to pursue an initial public offering of less than 20% of the common stock of the Match Group. The IPO is expected to be completed during the fourth quarter of 2015.

“The IPO positions The Match Group for continued success with an independent currency, and allows us to focus our attention and capital on growing the rest of IAC’s assets,” said IAC CEO Joey Levin in a statement.

The Match Group also announced plans to purchase PlentyOfFish for $575 million on July 14, 2015. The transaction is expected to close early in the fourth quarter of 2015.

The paid version of Tinder, launched in March, has garnered good responses from users, despite concerns from many that the model would fail.

"Monetization continues to perform at or above our expectations on key metrics like renewal, conversion and resubscription rates,” said Match Group Chairman Greg Blatt. “We’ve seen no discernible negative correlation between monetization and growth."

IAC reported that the number of paid subscribers for its dating services grew 18% to 4.1 million in the second quarter ended June 30. Revenue at Match Group, which accounts for about a third of total revenue, rose 19%.

Outside of IAC's dating businesses, the company has other successes to report. Within Search & Applications, Applications queries increased 8% driven by 20% B2C growth. B2C revenue increased 18% versus prior year. In the Media segment, Vimeo grew paid subscribers 25% to nearly 630,000. In the eCommerce segment, HomeAdvisor revenue grew 26%.

On the downside, Websites revenue decreased 20% due primarily to a decline in revenue at Ask.com and certain legacy businesses. Applications revenue decreased 2% due to lower revenue in B2B. Revenue in Media was down 1% versus last year, despite the strong growth at Vimeo. Operating income for the match Group in the current year period was negatively impacted by a $4.2 million year-over-year increase in amortization of intangibles.

All in all, revenue growth clocked in at 2% for a total of $771.1 million. IAC's net income was $59.3 million, or 68 cents per share, compared with a net loss of $18 million, or 22 cents per share.

Twelve years after Markus Frind founded PlentyofFish as a side project, the company sold to Match Group for $575 million. That's an impressive price for anyone, but it becomes astonishing when you consider the site's origins.

Frind launched POF from his apartment and, for the first six years, didn't hire any employees or raise a cent of venture capital. That would be bad news for any other company, but Plentyoffish.com was already getting 2.2 billion page views a month and generating millions of dollars in revenue.

The risky move turned out to be a brilliant one. Except for the IRS, Frind didn't have to share the funds with anyone. He had money to continue his business, travel the world, and buy anything he could imagine. Match tried to purchase the company for a decade, and Frind could easily say no.

He continued to grow POF on his own. At the outset there was no advertising budget, no business plan, and only a basic website. Frind's experience was practically non-existent, so he taught himself about marketing, business development and product. It wasn't until 2009 that he hired his first developer – and he was still running the business out of his apartment at the time. It didn't matter. By then, he had 10 million users. To say it happened “against all odds” is almost corny.

Frind's perspective changed last year, when his daughter Ava was born. “Having a 10-month old daughter, you start measuring time in different increments,” he said in an interview. “Every day you see something’s different – she’s trying to take her first step, or she’s crawling around. Whereas before you measured the company in milestones in terms of the revenue or user growth or some kind of company target.”

Now, having sold his miracle online dating company to rival Match Group, Frind is contemplating the future. He says he has already bought everything he could personally want, so many hope he will instead use his wealth invest in the startup scene in his hometown of Vancouver.

“I think he will invest a lot more and help a lot of businesses,” said Arash Fasihi, founder of online furniture retailer Cymax Stores Inc., to The Globe and Mail. Fasihi's company recently received an $18 million investment from Frind and made him a director.

Vancouver venture capitalist Boris Wertz has similarly high hopes: “He’s a smart guy and he knows how to deploy money, and hopefully some of that will flow back into the tech ecosystem.”

For more information on Frind's dating site your can read our Plenty of Fish review.

OkCupid has built a strong reputation for taking a more progressive approach to online dating. Back in 2014, the company began offering users more options for self-identification. Gender was expanded to include agender, androgynous, genderfluid, intersex, and more. Choices for sexual orientation were also extended, including asexual, pansexual, queer, and questioning.

Now OkCupid is continuing its efforts for more inclusive representation. The company recently launched a new project called 'Identity' to encourage conversation about sexual orientation and gender identity.

“When OkCupid expanded the available gender and orientation options,” reads the Identity website, “we realized there was a larger conversation taking place. Because dictionary definitions aren’t always able to tell a story, we went to real people to add some color to this evolving language. Here are descriptions from those who claim these words for themselves.”