Ask Blinders
Yesterday
388
Why is our country owned by Israel? I don't want my tax dollars fund genocide. How can we stop this nonsense?
Tech Industry
2d
28095
How did this happen? (Meta Stock)
Tech Industry
Yesterday
556
Joining meta in may, stock is all time high
Tech Industry
Yesterday
2712
Tech companies to avoid as a white guy?
Tech Industry
Yesterday
1901
Lack of diversity in engineering division at X
Layoffs happening all over. New CEO is a former EA exec. Stock down 80%. How are we feeling people?
I love Hinge. Found my SO there :)
I found my most recent ex girlfriend on there
Are you man or woman? White or non white?
not worried about losing my job, just bummed my stock took the hit it did
If match group would have given us toilet paper instead of stock options when we first came on I think that would have been more worth it
OP why are you complaining so hard? Everyone’s stock is way down. MTCH is down about 67% YTD not 80 like you claim. It was never down 80. We also just beat our profit forecast for Q3 when pretty much nobody else did, but you still wanted to make this post? Sorry it didn’t pan out the way you had hoped I guess but at least we all still have jobs and work for successful companies.
I think we are fine, because our revenue/employee is pretty good, at least tinder been pretty conservative in terms of hiring. We hired a lot but not as crazy as others.
Revenue per employee is the best even higher than FAANG. Not the case for others but only tinder. But Tinder still has a bloat. We have a lot of people adding very little value. Key are about 150-200 people. Can keep additional 50-100 as additional buffer. Gives easily 40-50% that can be cut. I expect at least 15% cut within next 6 months.
Whats your title?
I agree, I feel like nothing will change if tinder fires 50% in one day. The most ineffective are PMs and a lot of new engineers. In the past 1-2 year, the quality of new hires really went down, likely because of a super high demand and big competition. But now things changed, we can get more quality candidates.
They can’t fire BD or marketing, because business won’t grow, which is bad for a stock. The results for tinder is already aren’t fantastic. If you don’t add new subscribers, eventually MRR an ARR is gonna go down.
You clearly have no idea how tinder grows. If you think BD or marketing helps growth, you should probably be on the list.
@hekrjitjf I feel like that’s a little harsh, but you’re not wrong. BD and marketing seem to be doing a great job at getting us good press, which they even admitted has not helped growth at all.
One year later and the culture is down 80% as well. You know what isn't down?? Executive bonus's, I am so happy for them.
What is your ticker symbol?
MTCH