Earlier quoted context omitted.
It should also be noted that match.com knows that it's business isn't "connecting people in stable relationships" but "luring people to pay for match.com by promising them connections that never work out." OKCupid had a model that increases the likelihood of matching with someone and ...never using OKCupid again. Match.com realizes that fundamental flaw. For their business to survive, they HAVE to be bad at the servi…
While there are some perverse incentives, I think this is overstating it. Millions of people enter the dating market every year by aging into it or ending a previous relationship. That seems like plenty of space to make a profitable business. Of course there is the temptation to increase the churn rate, but it doesn't have to be exploitative.
Sure, but VCs and big companies want to maximize profit, not just be profitable. When a profitable startup sells out, that's the founders also saying "profitable isn't enough for me".