I think the underlying stats and future estimates are pretty hyped.
BUT…if you got into the IPO…sincere congrats…I was in on Pets.com and Kozmo.com and bought a beach on Fire Island!!! If you’re in lock out I do suggest you wrap fingernails w tape.
Back to Grindr…
Global active users…11M… I spoke to a Grinder sales rep to get LA users for a possible ad buy… in the 2nd largest city and gay population in the US…50,000 active users…I was stunned. After 13 years of growth efforts.
Where does their revenue come from…adverting and Grindr Xtra…again after 13 yrs…Candy Crush is their biggest advertiser and most brands will never advertise on an a hook up site. Grindr Xtra is a bust.
Competitive landscape…Grindr is easily displaced by new apps…it’s already happening…just look at Sniffies and gays, et al. are fickle.
And who’s the investment bank behind hyping the stock… the pillar of financial integrity… Goldman Sachs.
MinimumBattle1516 t1_iwxtowi wrote
Reply to comment by Monotoca in Don't buy into the Grindr merger - you're just asking to get fucked by fickdichdock
I think the underlying stats and future estimates are pretty hyped.
BUT…if you got into the IPO…sincere congrats…I was in on Pets.com and Kozmo.com and bought a beach on Fire Island!!! If you’re in lock out I do suggest you wrap fingernails w tape.
Back to Grindr…
Global active users…11M… I spoke to a Grinder sales rep to get LA users for a possible ad buy… in the 2nd largest city and gay population in the US…50,000 active users…I was stunned. After 13 years of growth efforts.
Where does their revenue come from…adverting and Grindr Xtra…again after 13 yrs…Candy Crush is their biggest advertiser and most brands will never advertise on an a hook up site. Grindr Xtra is a bust.
Competitive landscape…Grindr is easily displaced by new apps…it’s already happening…just look at Sniffies and gays, et al. are fickle.
And who’s the investment bank behind hyping the stock… the pillar of financial integrity… Goldman Sachs.