Online Dating

Match Group is hoping to live happily ever after with Wall Street. The company, owner of more than 45 online dating brands including Tinder, OkCupid, and Match.com, has filed for an initial public offering of its stock.

Match Group filed for the IPO of common stock with U.S. regulators on October 16 with an offering amount of $100 million, but that figure is a placeholder that could change in the future. The company is set to operate under the ticker symbol "MTCH" on NASDAQ.

Following the IPO, IAC/InterActiveCorp., which owns Match, would retain control of more than 50% of voting rights under its ownership of Class B shares, which have 10 votes apiece. Match will contract with IAC for “administrative and other services,” but the exact amount of distance between IAC and Match Group going forward is so far unknown.

Here are some of the highlights of Match's SEC filing:

• Match makes serious money. The company had $888.3 million in revenue and $148.4 million in after-tax profit in 2014. For the first six months of 2015, revenue was $483.9 million and net earnings were $49.3 million. Match might hit $1 billion in revenue this year.
• Growth is steady, though not explosive. Wall Street wants to invest in technology companies that grow rapidly. Match Group doesn't meet that criterion, but growth between 2013 and 2014 was 10.6 percent. Between 2012 and 2013 it was 12.6 percent. The rate is nothing for the record books, but it's healthy and sustainable.
• Paying customers make up a surprisingly small percentage of total users. Match Group claims 59 million monthly active users across 38 languages and 190 countries. Of those 59 million, only 4.7 million pay to use the services. The company's income is in the hands of only 8 percent of its customers.

Although the online dating segment seems saturated, the IPO prospectus includes opportunities for future growth. According to the filing, the addressable market is currently about 511 million. That number is expected to grow to 672 million by 2019. Increased adoption of mobile and the Internet, the aging of the population and the increase in the number of singles are all positive trends for the industry.

Of course, there are risk factors too. Cybersecurity is more important than ever, and Match Group admits that it can't guarantee protection from attacks. Match also notes that one of its most important assets, Tinder, could essentially be destroyed if Facebook alters the terms and conditions for connecting with the social network. It remains to be seen if these issues will cause risk-averse Wall Street to balk.

The underwriters for the IPO include J.P. Morgan, Allen & Co. and Bank of America Merrill Lynch.

For more information on the dating services owned by IAC, you can read our reviews on Match.com, OkCupid, and Tinder.

eHarmony is offering a free trial this Halloween weekend here in the United States and Canada. It starts Thursday October 29th and ends on Sunday November 1st.

Are you ready to be scared this Halloween weekend? If so, you should check out your matches at OTHER dating sites! At eHarmony there are no ghouls or trolls 😉 to worry about as all matches are generated using the eHarmony matching algorithm and are based on what you want in a partner as well as what traits matches best with your personality. eHarmony's goal is to find you a long-term relationship.

All eHarmony memberships are free and no credit card is required. It is also free to receive and review your matches. Normally you do have to pay a membership fee to communicate (sending emails) with those matches, the only exception is on free communication and trial weekends like this one. Free eHarmony communication and trial events do not include secure call (anonymous phone service), skipping the guided communication process, and viewing of profile photos.

For more details on this popular matchmaking service designed to find members long-term relationships you can read our eHarmony review.

The year is 2015, so our obsessive attachment to our electronic devices is nothing new. Regardless of your feelings on the matter, technology has changed the way we do almost everything, including dating. Gone are the days of embarrassment over online dating. There's hardly anyone left who hasn't tried it – or, at the very least, knows someone who did.

But just because it's commonplace doesn't mean it's all smooth sailing. Whether you're a starry-eyed newcomer or a grizzled veteran, you may be surprised to stumble upon online dating's dirty little secrets.

Beware of these common pitfalls that are often left out of the conversation.

1. It's a lot of work. Online dating is rarely a “build it and they will come” situation. Writing your profile, answering match questions, keeping your photos updated, sending and replying to messages, even simple swiping – all of it is a major time-suck. Be prepared to invest if you want to see results. On the other hand, it's also easy to get obsessed at the expense of your productivity. You may need to strike out a couple of times before you find a healthy balance between the two extremes.
2. Intimacy happens at an accelerated pace (and isn't always real). Online dating has a way of sweeping you up into a fantasy. Everything seems to move faster. You hit it off with someone over messages and suddenly you're already planning your romantic future together, even though you've never even met. Real intimacy takes a significant amount of time and trust to build, so be cautious of mistaking digital pseudo-intimacy for the real thing.
3. Commitment phobia is a real side effect. Sure, commitment phobia exists offline too – it's hardly a phenomenon unique to online dating, but online dating exaggerates the symptoms. With so many options available at your fingertips at all times, it can be tempting to play the field instead of settling down. Even if you have a genuine connection, you may be left with the constant fear that someone better is out there and you're missing out. You'll never be happy if you (or your partner) is constantly second-guessing your relationship.
4. Catfishing isn't made up for an MTV show. Everyone goes into online dating thinking there's no way it could happen to them. Most of us will date unscathed, but that doesn't mean predators aren't out there. Scams range from the mildly irritating to the downright destructive, and you are not invincible. Keep your wits about you, watch for red flags and Google stalk if you must.

It's not all love at first swipe, but if you swipe smart, it could be love sooner than you think.

Ashley Madison, the notorious dating website for married people, has been immersed in scandal since the company’s database was hacked a few months back. First, the hackers threatened to reveal users of the site, and then, it was discovered that most of the 5 million women registered on the site (a fraction of the number of men registered on the site) were actually linked to fake email addresses set up by employees of the website.

Now another potentially damaging piece of information has been uncovered by The Toronto Sun. Apparently, Ashley Madison’s parent company Avid Life Media, which owns several other dubious dating sites such as Cougar Life, The Big and the Beautiful, and Established Men, have been hiring attractive women to pose as founders of these dating sites.

According to the report in The Toronto Sun, Avid Life Media was trying to work the best PR angles possible to attract attention to these sites, a strategy that worked with Ashley Madison. Simply by trying to purchase ad space in a mainstream publication or even airtime during the Super Bowl, Ashley Madison received a lot of media attention – notably because they were refused the ad space/ time. However, new angles had to be thought out for the other Avid Life sites, including Cougar Life.

Cougar Life was repped by Claudia Opdenkelder, a beautiful spokesperson who portrayed herself to be the founder of the dating site which matched older women with younger men. "Why shouldn’t older women have younger men to love, just as older men can pursue younger women?" she campaigned to such outlets as The Globe and Mail and New York Times. She managed to generate a lot of coverage for the dating site.

The Big and the Beautiful followed suit by hiring plus-size America’s Next Top Model winner Whitney Thompson, who claimed to have founded the dating site, which caters to men looking for plus-sized women. Simone Dadoun-Cohen represented herself as the founder of Established Men, a site aimed at wealthy men who are looking for some arm candy – much like dating site SugarDaddy.com. Dadoun-Cohen claimed to be stripping to put herself through college before she met her wealthy boyfriend, hence the idea for the app. However, this turned out to be a made-up story.

The information was leaked from hackers of the Ashley Madison site, who also managed to get their hands on emails between former Avid Life CEO Noel Biderman, who stepped down after the hacking incident, and former media relations manager Shari Cogan. In the emails, the two discussed plans of what they would do about a potentially damaging segment about Cougar Life on ABC’s Nightline. “I don’t want this turning in to a witch hunt,” Biderman wrote. “We don’t want the site and Claudia to look like ‘frauds.'”

As of now, the three women who posed as the websites’ CEOs are no longer employed by Avid Life Media. Opdenkelder settled a lawsuit she brought against the company.

It must be noted that journalists went along with the stories of the CEOs without fact-checking, just taking their sources’ word for it – in this case, the PR staff of Avid Life Media. It seems the story made for better headlines than the truth.

Let’s face it – our information is out there digitally for all the world to see, or at least those who are interested in Googling our names. But we like to know what kind of privacy controls are still in place for our social media accounts. We don’t want Facebook sharing our posts with just anyone, and perhaps you keep your Instagram account private, too.

But what happens when Facebook starts to encroach on what you like to keep separate? For example, Facebook has a “suggested friends” page where it connects you with people in your social circles – maybe someone you knew back in high school or through a previous employer, and you would like to friend him/her. But what happens when the suggested friend is someone you don’t care to see again – say a Tinder date gone wrong?

Apparently, this is happening more and more, but strangely, no one really knows why. News website Motherboard investigated the link between Facebook and dating apps like Tinder and OkCupid, to see where the connection lies and if they are sharing information unbeknownst to their users.

According to Motherboard, Tinder, OkCupid and Facebook all deny sharing information with each other. Plus, most of these unwanted contacts that are suggested to Facebook users share no Facebook friends nor do they have a shared workplace history or any other connection besides being a potential or previous date.

So exactly how are these apps and Facebook tracking movement (and connections) we don’t necessarily want them to see? Shouldn’t your online dating life be kept separate from your social media circles until you meet someone special and YOU want to include them in your circles? Probably the last person you want to see as a Facebook friend suggestion is your one-night stand from two weeks ago or the date who stood you up.

So why does this keep happening? The answers are unclear. As the companies deny sharing information, there are other ways that your connections can leave a digital trail that makes its way to Facebook.

One such way is through your phone. If you message one of your dates, even if you don’t save the contact information, depending on your Facebook settings the service is able to pull contacts you have messaged and called on your phone to help expand your social circles. Motherboard found one such notice from Facebook while testing this out. The article says: “Facebook does say it bases its suggestions in part on ‘imported contacts,’ but this is something users have to opt into on the mobile app or desktop... I don’t ever remember agreeing to import my contacts, and yet when I checked my “invite history” page I had 900+ contacts saved, apparently were continuously syncing and updating, that I promptly removed. Facebook warned this could make my friend suggestions ‘less relevant.’”

Another reason could lie in Facebook searches. Chances are before a date you want to look up some information about a person over social media, doing due diligence to get to know the person you were about to meet. Perhaps you searched for them on Facebook, which would mean they could show up as a suggested friend – after all, Facebook knows you looked for them, not that you were interested in dating them.

At any rate, these digital connections will continue to increase, so it’s important to be prepared to see people you may not want in your suggested circles. If nothing else, just delete.

Practically every business is expected to have a social media presence in 2015. When your business is a digital one, that pressure doubles. When your target audience is millennials, it triples. Dating services are all about helping people make social connections, but how socially savvy are they on their own profiles?

Digiday used proprietary data from two social media analytics firms, Unmetric and Socialbakers, to pit seven dating apps against each other in the battle for most effective social media strategy. Tinder, OkCupid, Hinge, Match.com, Zoosk, Coffee Meets Bagel and Bumble were put to the test in several different categories.

Number Of Fans

With over 13 million million Facebook likes, Zoosk has the largest social media fan base. Match and Tinder follow with over 827,000 and 369,000 fans, respectively. Twitter shows similar stats. Zoosk has the most followers by far at over 350,000. Match comes in second, with 65,000, and Tinder in third, with over 56,000.

Although Tinder currently has the smallest fan base, it's also the most rapidly growing. The game-changing dating app saw its fan base grow 228 percent between January and October 2015.

Geographical Popularity

Tinder, Hinge, OkCupid, Match and Zoosk all have an international crop of users, but Tinder and Zoosk are the most diverse on social. In fact, the majority of Zoosk's Facebook fans are international.

Other services proved to be particularly popular in specific countries. Hinge is big in India, while Match is favored by Canadians and Tinder has won over Brazilian singles.

Engagement Level

Zoosk is the most prolific poster on social media. The company published 226 posts between January and October, and received the most likes and comments. Despite Zoosk's high volume, Tinder took the top spot for highest average engagement and most posts shared by fans.

Bumble is a relative newcomer to the dating world, but already it's showing promise on social. The app saw over 3,000 interactions with fans on Facebook between July and October. The numbers are expected to grow.

Number Of Fan Posts And Mentions

Match.com's users are the most likely to talk about it on Facebook. More than 9,000 messages were posted to Match's wall between January and October. Hinge and Coffee Meets Bagel come next. Neither Tinder nor OkCupid had user posts on their Facebook walls. Their page settings most likely do not allow it.

Tinder leads the number of mentions on Twitter, perhaps because Twitter's audience skews younger than Facebook and Tinder attracts a similarly youthful user base. The app is followed by Zoosk and Match.com, which come in second and third with around 8,000 and 2,000 mentions apiece.