I=5
Match CEO highlights new growth frontiers in IRL Dating, Social Graphs and AI Matchmaking while pointing out that Gen Alpha is better than Gen Z
- In a Morgan Stanley, Match Group CEO Spencer Rascoff said they are attentive to potential acquisition in real life space where Gen Z are increasingly saying want to meet in person, not on the apps (min 30:59).
- He is also interested in startups in the social graph where where increasingly, Gen Z says they want to be shown mutual friends and friends of friends, not strangers (min 31:28).
- He also pointed out that they are interested in startups in the the AI matchmaking space (e.g. Overtone) as people increasingly desire to be shown less profiles to go on a date with (min 31:52).
- Spencer added that their research shows that Gen Alpha is a much more normal generation than Gen Z as they are putting themselves out there to date (min 34:07).
- He pointed out that he has been trying to court one of Zillow’s largest shareholders to become constructive on Match Group but his greatest fear is that Gen Z don’t want to use dating apps (min 32:45).