Thursday, May 1, 2014
Report about Q1 2014, IAC (nasdaq IACI)
The Company created a new segment called The Match Group that includes Match, which was previously reported as its own segment, and DailyBurn and Tutor, which were previously in the Media and Other segments, respectively.
Prior year financial information has been restated to conform to the new segment presentation."
online dating segment merged with DailyBurn and Tutor?
That is crazy!
See also Conference call transcription from Seeking Alpha
and other article
I think IAC is going to deactivate Tinder soon or later, it will absorb it and merge with Match mobile (Please see Stream and Mixer features) if Tinder is cannibalizing Match mobile application.
For me, Tinder is like Chatroulette but it will collapse like Skout.
Lots of persons want to use it, but nobody wants to pay for it.
Please see also my answer to the Topeka Analysis: Why Investors Should NOT Be Enthusiastic About Tinder
As usual, they do not want to innovate, they want to squeeze their big databases to get all the juice (money) from the wallets of the users.
Many C-Level executives are more worried about their golf scores than their company’s long term strategy and innovations. They can cook a barbecue under the water, they are smoke sellers, but they are not going to innovate in nothing. They do not pay attention to latest research from Academics which could be beneficial for the Online Dating Industry.
As for Tinder and Match competitor: Zoosk, it 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 with its IPO and after that, they will put Zoosk to sleep.
Please search for: Zoosk S-1/A 1 AMENDMENT NO.1 TO FORM S-1