Black soul dating site
Dating sites, too, seem to prefer promoting themselves on practicality and effectiveness, rather than romance.Take how Match Group, the largest publicly traded player in the dating game, describes its business via that most swoon-inducing of epistles, the 10-K report: “Our strategy focuses on a brand portfolio approach, through which we attempt to offer dating products that collectively appeal to the broadest spectrum of consumers.” That kind of writing might turn off romantics, but shareholders love it.It encompasses everything from the forever love of a soul mate to the temporary fix of a one-night stand. Yet when it comes to the algorithm-and-swipe-driven world of online dating, it’s all about gratification.
Millions of people, he said, have found gratifying relationships online.
The latter is due to a handful of giant funding rounds for China-based startups. In 2018, for instance, nearly 80 percent of dating-related investment went to a single company, China-based Blued, a Grindr-style hookup app for gay men.
In 2017, the bulk of capital went to Chinese mobile dating app Tantan, and in 2014, Beijing-based matchmaking site Baihe raised a staggering 0 million. S., we are seeing an assortment of startups raising smaller rounds, but no big disclosed financings in the past three years.
In 2018, for instance, venture investors put 7 million globally into 27 startups categorized by Crunchbase as dating-focused.
While that’s not chump change, it’s certainly tiny compared to the more than 0 in global venture investment across all sectors last year.
Shares of Match Group, whose portfolio includes Tinder, have more than tripled since Valentine’s Day 2017. So, complain about the company’s dating products all you like.