General News

Tinder Ousts New CEO and Founder Sean Rad Steps Back In

General News
  • Wednesday, September 23 2015 @ 06:44 am
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It looks like Tinder has swiped left on its latest CEO Chris Payne, and is asking co-founder Sean Rad to take control once again of running the company behind the infamously popular dating app. Rad will re-assume his position as CEO and Greg Blatt, Chairman of Match Group, will assume the newly created position of Executive Chairman of Tinder. Match Group is the parent company of online dating brands that include some of the most successful dating sites, including Tinder, Match.com and OkCupid.

Payne, a former eBay and Microsoft executive, is leaving the company after only five months as CEO. While Match Group originally hired him because of his experience, hoping to bring more corporate strategic thinking to the company, Rad remained the face of Tinder in the news thanks to his part in the app’s early success and his outspoken manner. (At the time, it didn’t help that he was embroiled in a sexual harassment lawsuit by former employee Whitney Wolfe, founder of new female-friendly dating app Bumble.)

For now, Payne seems to be content with the decision for him to step down. "I enjoyed my time at Tinder but we mutually determined that this wasn't going to be optimal and thought that a quick transition served everybody best," said Mr. Payne in a statement. "I think Tinder's going to be an incredible company." 

Website Mashable (who reported Tinder’s executive shake-up) has linked the decision to re-establish Rad in the CEO position as part of Match Group’s financial strategy. The company plans an initial public offering later this year. According to Blatt, the dating industry has come a long way since the company’s inception, but the category remains “underpenetrated.”

Tinder introduced a new premium paid service earlier this year, offering extra perks like the ability to go back and change a previously rejected profile or giving users more profiles to swipe per day. One analyst predicted Tinder’s valuation would top $1 billion in 2015.

For now, the company and Rad are focused on the future. "I'm committed to continuing to drive Tinder's growth and to make Tinder one of the great businesses of our time," said Mr. Rad. "I look forward to working closely with Greg to make that happen."

"It's only been a few months, but there was mutual agreement here that it was not the right long-term fit, and given Tinder's rapid growth trajectory both Christopher and the Board thought prompt action was best for everyone," said Matt Cohler, of Benchmark, a Tinder director. "We appreciate Christopher's work here and wish him well in future endeavors."

 

Hinge Adds New Features to Compete with Tinder

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  • Tuesday, September 22 2015 @ 06:50 am
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  • Views: 2,172

An article in last month’s Vanity Fair attacked apps like Tinder as being promoters of hook-up culture among young daters. The article caused a wave of dialogue, backlash and upset, with many people wondering if dating apps were in fact “killing” the culture of dating and navigating relationships.

While technology has been blamed for bad behavior, dating app Hinge is aiming to distinguish itself from its popular and notorious competitor, Tinder. Instead of taking the bait and offering more Tinder-like services like many dating apps looking for success in this growing market, Hinge is taking the hook-up culture argument to heart. Instead of fighting the article's argument, the company is offering an update to its app in acknowledgment of the problem - with an “Intentions” feature.

The update offers a new profile page where users are encouraged up front to include their intentions for using the app, whether it’s to find a relationship, to date, or a casual hook-up. Hinge hopes that this gives more transparency in the online dating process.

According to Hinge, most of the people coming to its app are looking for something more serious than a hook-up. When the company surveyed 1,500 of its users, they discovered that sixty-three percent claim they are looking for relationships, 33% for dating, and only 2% for hook-ups.

The company’s last update called out daters who weren’t being truthful about being single, which has also caused an uproar among Tinder users. (A survey earlier this year found that more than 40% of Tinder users were already in a relationship.) Hinge now publishes each user’s relationship status (that the user shares on Facebook), so there’s no mistaking whether or not a user is single.

The company also added a new feature in August called HingePerks for its most dedicated users, offering discounts and contests for things like trips, ball games, and drinks. The first promotion was a free “staycation” at a Starwood Hotel with a spa service included. They have also offered concert tickets for social media participation (including liking on Facebook, tagging and sharing), as well as a free bottle of wine for the Hinge couple that posts a fun photo on Instagram.

Since its inception, the company has focused on its primary user base – young professionals, another way to distinguish itself from Tinder, which got its start on college campuses and whose demographic skews a bit younger than Hinge’s. In the last month, Hinge has promoted their “most eligible” male and female users according to profession, offering basic profile information. Hinge also asks their most embarrassing date moment and greatest career accomplishment to date.

Whether Hinge's strategy succeed in this competitive dating app market is yet to be seen. But it does offer daters a more interesting and engaging alternative to the dating app experience. For more on this dating app, please check out our review of Hinge.

New Fitness-Singles.com Review Now Online

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  • Monday, September 21 2015 @ 03:26 pm
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  • Views: 2,995
Fitness-Singles.com
Our new Fitness-Singles.com review is now live. This dating service was launched in 2003 and since then, has had over 2 million visitors register as members on the site. As the name suggests, this niche dating is design for those singles who lead an active lifestyle.

As you would expect, the profiles on Fitness Singles are geared towards health. There are questions asking what are your top 3 physical activities (from a list of over 100 activities like bodybuilding, running, and soccer) and a rating system to show your proficiency in each. You also specify things like how often you do physical fitness and what type of diets you follow (if any). Also, what is listed in the profile is what you can search for in other members to find your idea match.

To find out what all the fuss is about regarding this dating service for singles who enjoy a healthy lifestyle, you can check out our full review of Fitness-Singles.com.

New Survey Offers Insights Into Dating Trends Around The World

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  • Wednesday, September 09 2015 @ 07:00 am
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  • Views: 2,626

Ever wonder what dating is like in another part of the world? I'm going to assume the answer is yes, because I don't know a single person who doesn't have a weakness for a sexy foreign accent.

The problem is, dating could be a totally different experience in the land that sexy foreign accent comes from. You might think you're being cool while they think you look crazy – and unless crazy is their type, that isn't going to get you very far.

Coffee Meets Bagel has published the results of a new study on dating trends around the world, so you'll be a little less clueless during your next international love affair. CMB asked 7,441 users from around the globe about everything from their eligibility to how much they’re willing to pay on the first date. Here's what they found.

The easiest city in the world to date, if you're a man, is Hong Kong. Sydney comes in second place, followed by New York, London, Toronto, and San Francisco. If you're a woman, Sydney takes the top spot. The remainder of the top five, in order, is London, San Francisco, Toronto, New York, and Hong Kong.

It's no surprise to see New York high on the list for men. Single women outnumber men by 230,000 in NYC, according to CityLab.

Men are more likely than women to have sex on a first date, especially if they live in NYC. New York was crowed “the most adventurous city” for guys, with 66% of NYC-based male respondants saying they're up for first-date fun. At 36%, London ladies are the most likely to say yes to sex on a first date.

When it comes to eligibility, most daters don't consider themselves “extremely eligible.” San Francisco and Sydney scoreas the top spots on that front, but the numbers are low. Only 28% of SF women and 29% of Sydney men believe they're “extremely eligible.” Come on, people – where's the self-esteem?

Men in London are the most willing to drop big bucks on a first date. The gents of England's capital said they’d spend £20 to £40 on a first date. In USD, that's about $30 to $62 – not the fanciest meal of your life, but certainly not the worst. Not that any of us are immune to the charms of a Chipotle date, either.

Across the board, most daters are looking for relationships. Only 12% said they're in the market for casual hookups, while 70% said they want a relationship and 11% said they're searching for their future spouse.

And finally, no matter how much we try to deny it, looks do matter. Both men and women listed “physical attraction” as the #1 trait they look for in a match.

This Is How Online Dating Has Changed The Way We Love, According To Science

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  • Tuesday, September 08 2015 @ 06:50 am
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  • Views: 1,338

By now you've probably read – or at least heard about – Vanity Fair's recent takedown of online dating. The lengthy article is essentially an obituary for traditional courtship, which writer Nancy Jo Sales says is long gone thanks to online dating sites and mobile apps.

Tinder responded with a very public Twitter meltdown and tongues have been wagging about the state of modern dating ever since. Some agree with Sales, while others believe it's simply moral panic and anyone who hasn't jumped on the Tinder train is probably just too old to understand it.

The good news is, a growing body of scientific research is dedicated to online dating and the social change that comes along with it. The bad news is, even the scientists can't seem to agree with each other.

A 2012 study called “Searching for a Mate: The Rise of the Internet as a Social Intermediary” found no difference in relationship quality or strength between couples who met online and couples who met off. It also suggested that marriage and partnership rates may increase, as people with smaller pools of potential mates use dating services to cast wider nets.

Another 2012 study, headed up by Eli Finkel, concluded that most matching algorithms don't work. However, it also noted that “Online dating offers access to potential partners whom people would be unlikely to meet through other avenues, and this access yields new romantic possibilities.”

A 2013 study on marital satisfaction and breakups deemed online dating an unequivocally good thing. The research was sponsored by eHarmony, which rightfully has given some readers pause, but was reviewed by independent statisticians prior to publication.

A second study from 2013 examined sexual behavior and the “hookup culture” supposedly propagated by apps like Tinder. After examining a nationally representative sample of more than 1,800 18- to 25-year-olds, the study concluded that today's youth aren't substantially more promiscuous than previous generations. In fact, they may actually be having less sex than their predecessors.

Things got weird in 2014. Using the same data from 2012's “Searching for a Mate” study, a Ph.D. candidate at Michigan State came to the opposite conclusion about online dating and relationship quality. According to her findings, online daters are more likely to date than marry, more likely to break up faster, and more likely to break up more often.

How could two studies using the same statistics arrive at such different conclusions?

The answer is something we've always known: love is messy, contradictory, and confusing. Try quantifying that and you're bound to be disappointed.

Dating Apps like The League and Raya Leveraging Social Status

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  • Monday, September 07 2015 @ 12:23 pm
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  • Views: 4,416
Raya Dating App

The dating app market is flooded, so new companies entering the field and looking to make their mark have to differentiate themselves. For some app developers, it’s taking a female-centric approach, like with Bumble. Others look to social networking connections to make people feel more secure about meeting strangers, like Coffee Meets Bagel or Hinge.

The latest grab for online daters’ attention comes in the form of creating a dating app that is as exclusive as possible.

In other words, a new crop of apps are taking a completely different approach from acquiring the most users, like with Tinder. The success of an online dating company or app has always been evaluated by how large its database of users is. But these apps are banking on another measure of success - that is, how coveted the app is. They are driving demand for the app, and then being selective about who gets to use it.

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