On line dating business ipo

05-Dec-2016 08:18 by 5 Comments

On line dating business ipo - Cam chat streaming secrets

The company plans to sell only a fifth of the group in the IPO.IAC did not give any indication of how much it plans to raise from the offering."We value the whole Match Group at $5.7 billion," Barclays analyst Chris Merwin said, adding that Tinder could be worth $2 billion on a standalone basis. IAC's search business is its largest but the dating unit is seen as the crown jewel of Diller's conglomerate, driving strong results for the past few quarters.

I earn pretty good money but am in a kind of dead end job. I'm presenting myself as single but my old partner will still own me." Online romance is a good business to start, just ask the founders of Meetic or Plenty of Fish.* IAC plans IPO by year end* To sell less than 20 pct Match Group in IPO* Appoints Joey Levin as CEO of IAC (Adds Breakingviews link)By Kshitiz Goliya and Sai Sachin RJune 25 (Reuters) - Barry Diller is looking for love on Wall Street.The media mogul's IAC/Interactive Corp said it was planning to list its dating business, which includes the popular dating site and mobile app Tinder.But it may not be nearly as good to be an equity holder of a “rollup” of dating sites which is what Match Group (Nasdaq: MTCH) is all about.There are a few other reasons to be leery of this profile: Our view on the stock is fairly consistent with other informed views we have seen and demand appears to lukewarm as we approach the scheduled pricing tonight (Wednesday, November 18.) Below is a valuation slide put together by BTIG research which has done a good job looking at this offering.Despite its success, Match's IPO was not without controversy.

Specifically, questions were raised by IAC's decision to include two educational companies along with the dating sites in the newly-formed Match Group.

Listed on NASDAQ and priced at a share, 38.3 million shares were sold.

Still, this represented a small percentage of the company, since Match's parent company, IAC/Inter Active Corp, headquartered in New York City, retained 84.6 percent of the company's capital stock.

That would make the Match Group worth .1 billion.

No doubt there's big money in online dating, which has seen dramatic growth over the past decade as more people seek a date by going online instead of heading to a bar or a nightclub, and Match boasts some of the best-known sites in the business.

Perhaps Match's most famous brand is Tinder, a location-based app that allows users to find likeminded individuals located near them who are also looking to meet up.

  1. Webcam chat rooms no sign up 18-Nov-2016 20:40

    I was having breakfast the other day with a friend who was giving dating advice to his son.