Saturday, August 5, 2017
Match Group's (MTCH) CEO on Q2 2017 Results - Earnings Call Transcript
Perhaps Blatt knows something in advance and he leaves, if Barry Diller is too old and ill (lung cancer?), and the IAC and MTCH can collapse without him?
Also Match Group big debt, in the range of USD 1.2 Billion!!!
"We're going to continue to develop and integrate artificial intelligence into the product in a wide variety of ways. "
Perhaps he mistakes "artificial intelligence" with a proposal like it is or it was "Synapse, a behavioural recommender system"
Please compare to this presentation from ... 2003
No one can call Match Group and say them "Hey, Tinder was created as copycat of Badoo, but can not outperfomr it, and also Badoo backed Bumble to fight back and destroy Tinder" ?
Also innovations are not adding more bells and whistles to companies that are past their prime and reached operating ceiling like PlentyOfFish, Tinder, Match, OkCupid.
For me it is clear they do not want to innovate.
They want to squeeze their big databases to get all the juice (money) from the wallets of the daters.
Badoo built its own big-data analytics platform