"the Match Group is a profitable, growing company with a reliable user base. "
growing company ?
Many if most of their sites are stagnated, and nearly to close forever like Chemistry.
reliable user base ?
90% of their whole database could be phantoms or inactive profiles.
Unfortunately the Match Group had been doing all wrong, acquiring rotten companies to show illusory success to its investors.
The Match Group is only a collection of old and obsolete online dating sites: Match, Meetic, Chemistry, OkCupid, FriendScout24, OurTime, HowAboutWe and many more. Even Tinder will not monetize as expected.
The Match Group is not going to innovate and revolutionize the Online Dating Industry in the next years.
FORBES article: 4 Reasons To Swipe Left On Match Group's IPO
Four reasons to swipe left
1. Shareholder unfriendly structure
2. Proceeds go to repay parent debt
3. Disappointing valuation
4. Weak underwriters