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Tinder’s Star is Still Rising

Tinder
  • Thursday, September 11 2014 @ 07:23 am
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  • Views: 2,329

A recent report of Tinder’s financial worth shows that its users aren’t going away anytime soon. The massively popular dating app is poised to increase its value and market share further over the next year. According to Market Watch, Tinder is growing at such a rate that Barclays predicts its valuation will reach $1.1 billion by the end of 2015, adding to IAC’s current $5.68 billion market cap. IAC owns many of the most popular dating sites, including Match.com.

What makes its value so high, considering the app is free for download? The answer is in the sheer number of users who download the app. As with most online dating sites, perception is key: the more users a site has, the more people will gravitate to it because they think their chances of getting a date, relationship or even hook-up increase.

Tinder’s popularity has taken off thanks to younger daters who embraced the mobile technology and liken Tinder to a game that is easy and fun to use. Plus, it has taken the stigma that is part of online dating away, because the app is mainly to support single people meeting each other casually as opposed to those looking to find serious relationships.

Tinder’s popularity is not just PR buzz. Its growth in the past year has been explosive, with 750 million swipes per day reported in February of 2014, up from 5 million in December of 2013. Today, it manages more than a billion swipes per day (resulting in 12 million matches each day). According to Market Watch, Barclays expects Tinder global daily active users to reach 20 million by April, or 40 million on a monthly active user basis. It also expects Tinder to generate as much as $180 million in revenue in 2015.

How Tinder will get this kind of revenue is unclear. Lately though, they have been floating a few ideas, including a “freemium” service where basic use of the app is still free but restrictions are in place that can be lifted for a fee - like the number of matches you get, or how many photos you see, or the ability to communicate. The founders don’t want to advertise on the app, but they are open to partnerships that would generate revenue from “real world behavior,” though they don’t define what that looks like. They are also focused on the age of Tinder users, and how they might evolve in their dating preferences as they get older. Right now, Tinder is mostly a product that young people use, especially teens and young twenty-somethings - those who might later graduate to a more serious pay service like Match.com.

Eyeballs are currency however, at least to investors, who see Tinder as a golden opportunity. For more on this dating app you can read our review of Tinder.

CoFounder of OkCupid Launches a New Book Mining User Data

OkCupid
  • Tuesday, September 09 2014 @ 07:07 am
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  • Views: 1,444

Ever wanted to get inside the minds of thousands of daters to see what makes everyone tick? Maybe that seems cool, or maybe you’d rather sit in a dentist’s chair for five hours, but either way – it does make you curious.

So it’s no surprise that OkCupid Co-Founder Christian Rudder has decided to harness the power of OkCupid’s user data and create a book that piques our curiosity. After all, we all watched with fascination as the dating site’s blog OkTrends revealed its latest research, informing us of what types of people we are attracted to, we’re doing wrong in our online dating profiles, or how to effectively message other users. Rudder found interesting trends in the details, helping us ask questions we didn’t even know to ask. For instance, why does the angle of the camera matter in a photo, or how you smile? Why is it preferable to write a less descriptive profile? Why is it more attractive to have a guitar in your hand than a tennis racket, or possess an unusually-shaped nose than to be considered average-looking? Or the million-dollar question: what do people lie about the most when they are online dating?

OkCupid has given us the sometimes surprising preferences of online daters, based on all of the data they mine from their thousands of users. Because of the site’s format of creative questions and answers, it’s allowed them to dig deeper than most.

OkTrends has been on hiatus since 2011, when Rudder started taking the information to compile it into a book, rather than just posting the information for free on their website. Rudder’s new book is called Dataclysm: Who We Are (When We Think No One’s Looking), which comes out on Sept. 9 and examines interactions for insights into whom and how we date.

For one of Dataclysm’s studies, Rudder analyzed how men and women approach attraction. It turns out that as women get older, they like older men. Men, on the other hand, consistently prefer younger and younger women. Men will message women close to their own age, but only up to a point. For example, men in their mid-40s rarely talk to women older than 30. “We have a lot of serial daters on the site—men who just keep dating women 10 years younger than they are,” Rudder told Business Week in a recent interview. “Eventually their tactics start to fail, and the young ladies they’re messaging begin rejecting them. The result is a lot of 40-year-old men and women who find it hard to get a date.”

OkCupid isn’t worried about user backlash for mining their personal data. Rudder recently wrote a post to address this issue, pointing out that all websites experiment on users, admitting that OkCupid once tested its matchmaking algorithm by telling users who were not suited for each other that they were a near-perfect match. “We got maybe five complaints,” Rudder told Business Week.

Since OkCupid users don’t pay for the site or its advice, does Rudder have an audience willing to buy his book? We’ll have to wait and see.

Check out our review of OkCupid for more information on this popular dating site.

Tinder Matches Lost due to Facebook Outage

Tinder
  • Saturday, September 06 2014 @ 10:15 am
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  • Views: 3,718
Some users have reported due to Tinder being down on Wednesday that they have lost all of their matches. According to The Wire and their communication with Tinder's VP of Communications, Rosette Pambakian, the Lost Matches bug has now been fixed.

No matches have been deleted and all you need to do to get your Tinder matches back is to log out of the dating app and then log back into it again.

We also learned that the reason why there was a Tinder outage on Wednesday was because Facebook went down. Tinder relies on Facebook to retrieve the user information for their members. If the Facebook service is not accessible then Tinder will not work either.

Tinder Outage

Tinder
  • Wednesday, September 03 2014 @ 06:52 pm
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  • Views: 2,390

Tinder reported on their Twitter account and Facebook that they had a brief outage on September 3rd around 1pm. The resulting outage prevented people from logging into the Tinder dating app both on the iPhone and Android phones.

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The technical problems appears to have only lasted about 20 minutes. No word yet on what caused the issue.

Update: The Tinder dating app was down because Facebook was down. Since Tinder uses your Facebook account to log you in that was the cause of the service interruption.

POF Deleting Accounts of Members Who Violate Rules

POF (Plenty of Fish)
  • Tuesday, September 02 2014 @ 06:56 am
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  • Views: 3,942

It seems dating site Plenty of Fish (POF) is staying true to its word of turning its image around. Known by many daters as a hook-up site, in the last couple of years the company's founder has promised that the site is cleaning up and wants to go back to its original purpose - helping singles meet people for relationships, not one-night stands.

The company recently shared on its blog exactly how they are enforcing their mission, and it seems they are doing this by deleting the accounts of members who violate site rules. According to POF, many users are in the dark about why their accounts are deleted, but they don't have the staff to respond to these requests individually. Just how many people are violating POF rules? About 5% of members, which considering the thousands of people signing up for the free site on a regular basis, amounts to more than its 75-person staff can handle. So, they decided to post the most common reasons on their blog.

Following are some of the rules that POF enforces. Be warned, if you violate their rules, the company claims that it can find out through its technology and advanced software. They can even detect if you're a scammer when you sign up.

Here are some reasons why your POF account may have been deleted:

1. You were looking for casual sex. The example the site gives is pretty cut and dry - one user was asking another user if he could pay her for having sex with him. While many lewd messages have double meaning and can be argued, if you are propositioning anyone on the site, you won't have your account for long.

2. You're married. The site is strict about this, and if POF discovers you are married, your account will be deleted.

3. You are a "scammer, a spammer, a fake, underage, or are soliciting a business." This can get a little murky, as scammers generally tend to hide beneath their online dating persona. But POF claims to catch 98% of them before they can even sign up on the website, captured through their "sophisticated spam detection system."

4. You are rude to users. If you put someone down because of how they look, or make discriminating remarks, or are blocked by other users often, you risk being deleted.

5. You post inappropriate photos. This includes the infamous "shirtless" photo that guys tend to gravitate to in online dating. If you are a woman, don't advertise your body with revealing clothing. If you question whether you should upload a particular photo, then don't.

6. You login from a country where POF doesn't exist yet. While POF is in many countries, they aren't in all and they can't support a user account in places where they aren't set up. So, check the site to see if your country is included before attempting to sign up.

Tech-Saavy Users are Manipulating Tinder for more Dates

Tinder
  • Wednesday, August 27 2014 @ 07:04 am
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  • Views: 1,616

Like with online dating, Tinder seems to give females the advantage over males, at least in terms of your chances for getting a date.

Many guys complain that women have it better in the dating world because women can choose who they want to date, while guys are left saying "yes" to every woman's profile they view online or on an app like Tinder, just to improve their chances of meeting someone. (Women tend to be more picky, and say "no" to most men, probably because so many men just swipe right to everyone.) While online dating does seem skewed, apparently some tech geniuses have decided to make the odds work in the guys' favor.

Instead of manually going through all the matches Tinder sends his way, one techie decided that he could automate responses. According to website ValleyWag, former Microsoft developer Yuri de Souza details "how he reverse engineered Tinder to mass-like every girl on the network." He was sitting around one Sunday afternoon mindlessly swiping right on all of his female matches, hoping that one would swipe right back, when the idea struck him.

" [I] recalled my friend telling me how he would spend hours swiping right on Tinder just to accumulate as may matches as possible," de Souza told ValleyWag. "This had me thinking, why can't I reverse engineer Tinder and automate the swipes? After all, I'm pretty darn good at taking things apart!"

He was successful, and went to share his idea with other guys, only to find he wasn't the only one or even the first to try to game the system.

While it seems counter-intuitive to accept matches that you don't even see in the hopes of having more choice in who you want to date, this is the thinking behind guys looking to game the dating app system. (An article in New York Magazine last year naming the most successful online daters included a guy who admitted to saying "yes" to all women on Tinder to improve his chances, so this might have inspired a lot of guys to follow his lead.)

Other tech-savvy users have created shortcuts and automation to help them (and other guys) avoid the challenging task of looking through so many women's profiles. It turns out, people aren't even willing to spend the time to look at photos anymore, let alone read words in a profile.

What does this mean for dating? While it's understandable that guys are frustrated with their lack of choice (and womens' general avoidance of swiping right unless a man really intrigues her), is reverse-engineering the best way to meet a woman? Maybe apps like Tinder, fun and game-like as they are, are not the best avenue for many people. Instead of casting a large net and hoping to catch someone - anyone - why not try to focus on what you want? If you're putting it out there that you can't seem to meet a woman, then likely creating an automated way to say yes to everyone on Tinder isn't going to improve your game.

Maybe it's time to try another site or app that is more conducive to your search. Better yet, try something more old-fashioned. How about you approach a woman in person and ask her out? That will make you stand out from the Tinder crowd.

For more on this dating app please read our Tinder review.

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