Tinder's New Metric: CEO Rascoff Bets on 'Sparks' to Fix Growth
Tinder CEO Spencer Rascoff replaced profit targets with a 'sparks' metric. Matches are up 14%, but Q2 revenue fell 1% to $457 million and paying users dropped 5%.
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Tinder CEO Spencer Rascoff replaced profit targets with a 'sparks' metric. Matches are up 14%, but Q2 revenue fell 1% to $457 million and paying users dropped 5%.