Saturday, July 2, 2016

SA article. IAC/InterActiveCorp: More Than Meets The Eye

"The company is led by its chairman, legendary investor and businessman Barry Diller."

I replied: Be alerted that Barry Diller is over 74 years old and can "retire" this year due to health problems. The IAC and MATCH GROUP can collapse because he is like a Godfather.

The Match Group is only a collection of old and obsolete online dating sites: Match, Meetic, Chemistry, OkCupid, FriendScout24, OurTime, HowAboutWe, PlentyOfFish and many more and all of them are past their primes, reached operating ceiling and they are in decadence.

The Match Group overpaid for PlentyOfFish (It was insane, USD575 Million for PlentyOfFish that past its prime 2 years ago). The Match Group had been doing all wrong, acquiring rotten companies to show illusory success to its investors.
Now Match Group is selling USD400M in debt to refinance

Tinder is in war with other online dating application: Bumble backed by Badoo (powered by a Russian Mafia of hackers & spies). Also Facebook’s Algorithm Changes Leave Dating Apps Frustrated By Reach Restrictions. (July 2016)

The Match Group pays astronomical compensations to their C-level executives
The Match Group is not going to innovate and revolutionize the Online Dating Industry in the next years.

Match Group opened the umbrella before it rains?

Suggested USA FTC investigate several online dating sites for misleading statements, false claims, overpromises.

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