Match Bought POF, And Cements Its Position As Market Leader - Online Personals Watch: News on the Online Dating Industry and Business

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Comments

Marc Lesnick

I knew a former VP at General Electric (GE), he brought his division from $700 mil to $920 Mil in revenue in one year. Jack Welsh wanted $1 Billion for the division. He told me for him to do it through sales it was impossible, but he did it by acquiring a $100 million company. Then he had $1 Bil in sales.

One thing that is possible is that IAC may have expectations of Match to show exponential growth. IAC wants to spin off Match. Sales have been flat. Tinder monetization is in the air. POF is profitable and would look good for the IPO.

DatingScripts

Wow. I didn't think he'd ever sale. Wonder what Markus will do now.

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