{"id":228822,"date":"2025-08-13T11:00:00","date_gmt":"2025-08-13T15:00:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?p=228822"},"modified":"2025-08-13T11:18:28","modified_gmt":"2025-08-13T15:18:28","slug":"greatly-exaggerated-rumours","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/macro\/greatly-exaggerated-rumours\/","title":{"rendered":"Greatly exaggerated rumours"},"content":{"rendered":"\n

Mark Twain is the source of many wonderful quotes. Your author\u2019s favourite is about how even if history may not repeat itself, it can still rhyme<\/em>. Consider the dotcom boom-and-bust and then the current AI bubble. Twain, however, never actually said \u201cthe rumours of my death are greatly exaggerated.\u201d It was a careless misquotation on the part of the press (more here<\/a>). Nonetheless, the expression continues to be deployed regularly. Only last week, Spencer Rascoff, Chief Executive of Match Group noted that \u201crumours of the online dating category being dead are patently false.\u201d<\/strong>  <\/p>\n\n\n\n

Mr Rascoff evidently has a self-serving interest in making such an observation, but the evidence does back up his assertion. On the same call (relating to Match\u2019s second quarter earnings<\/a>, which exceeded consensus expectations), he highlighted how around 100m messages are sent daily across Match\u2019s platforms<\/strong> \u2013 Tinder, Hinge and others. Even if some users may be dissatisfied with the online dating category, they certainly haven\u2019t fully left it. Indeed, Hinge saw almost 20% annual growth in its monthly average users over the first half of 2025<\/strong>.<\/p>\n\n\n\n

The key message from Match is that online dating as a category \u201cis not going away\u201d.<\/strong> As the market leader, it behoves Match to \u201cmake things better.\u201d<\/strong> This point was emphasised by the company\u2019s Chief Financial Officer, with whom we also spoke recently. He highlighted how members of Gen-Z (those aged 13 to 28) \u201cuse tech in every other way\u201d in their lives. To find matches ought not to be any different. However, their expectations are different to those of the prior, Millennial generation. Less pressure, more fun and greater safety matter. <\/p>\n\n\n\n

So what\u2019s changed with online dating? Match highlighted a series of initiatives. Users of Tinder now have a double date<\/a>option, which has anecdotally proved a success. Interactive matching<\/a> \u2013 which comprises more than a swipe and offers a series of curated questions designed to drive a higher success rate \u2013 has been trialled in New Zealand and will follow soon elsewhere. AI is making a difference too. Redesigned algorithms in the background are driving better matches overall as well as weeding out bad actors. Improving trust and safety will help repair the perception of online dating<\/strong>. All this matters. After the Boxing Day to Valentine\u2019s Day period, the summer apparently is the next busiest time for new online romance.  <\/p>\n\n\n\n

—<\/p>\n\n\n\n

August 13, 2025 – Greatly exaggerated rumours<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mark Twain is the source of many wonderful quotes. 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