HEAT STREET - Sep 29 - An increasingly significant problem for Tinder is the overwhelming number of fake accounts on the app. The problem seems to have escalated in recent weeks. Another Tinder user said he almost got taken in by an automated bot that billed itself as "Tinder Safe Dating," which requested his credit card details for verification purposes but was actually out to trap the user to sign up to online porn trials at a cost of ~$100/month. Then there are escalating privacy concerns. Many remain uneasy that it's possible to pay $5 to discover if someone is active on Tinder. The app offers Tinder Plus, Tinder Social, Tinder Passport, Tinder Spotify integration and Tinder Boost. As well as product overreach, Tinder suffers from another problem that most thriving startups risk facing: consumer fatigue. Tinder's subscription model, while hugely successful with ~1M premium users, is not growing at the rate the company had anticipated.
by Tom Teodorczuk
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Summarized by the Courtland Brooks team
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