Saturday, April 19, 2014
IPO Of The Dating App Everyone IS NOT Talking About
By Jeff Bailey
My bet: Tinder is demolishing Zoosk.
Zoosk is NOT profitable and will never be profitable, it is only a bubble sustained by a big marketing budget. Investors had put over USD 61 Million and now want to recover that money and after that, they will put Zoosk to sleep.
I hope Zoosk IPO will fail because ..... Social dating is vaporware. Online Dating for serious daters does not need to be more social, it needs to be more effective/efficient. It needs to reduce the false positives problem.
Do you want to innovate in the Online Dating Industry?
Read: The 8 tips to innovate in the Online Dating Industry 2014!