Great work guys. My biggest question, which you hit on here, relates to management - there's been a revolving door in the C-suite for years, and some scuttlebutt (expert interviews and the like) points to a similar conclusion. Can they fix it and / or the assets in a strong enough position to withstand it? I leans towards yes, but not overly confident on that conclusion. Still a name I'm watching closely!
Thanks guys! Great insights and definitely saved me sometime on the company background research I was doing.
Quick question here... What are you thoughts about the declining amount of users (not payers) for Tinder, which was around 20% last year? They are telling a nice story that the decrease in payers was due to the increase in price, but that doesn't explain the active user decrease. It might be compromising the the main moat, network effect.
P.S. from what I found online it seems that this is across the board issue for the whole dating app market.
Great work guys. My biggest question, which you hit on here, relates to management - there's been a revolving door in the C-suite for years, and some scuttlebutt (expert interviews and the like) points to a similar conclusion. Can they fix it and / or the assets in a strong enough position to withstand it? I leans towards yes, but not overly confident on that conclusion. Still a name I'm watching closely!
Thanks guys! Great insights and definitely saved me sometime on the company background research I was doing.
Quick question here... What are you thoughts about the declining amount of users (not payers) for Tinder, which was around 20% last year? They are telling a nice story that the decrease in payers was due to the increase in price, but that doesn't explain the active user decrease. It might be compromising the the main moat, network effect.
P.S. from what I found online it seems that this is across the board issue for the whole dating app market.