Zoe Schiffer
Today let us speak about the way the expanding pressure to possess relationships apps to generate even more funds is shaking up the online dating industry – and in particular brand new earth’s biggest gay dating app, Grindr.
Into the Grindr’s plan to squeeze the users
Since its initial public offering in 2022, Grindr has been on a rocky road financially. Its stock has fallen seventy percent due to the fact their SPAC. After hitting an IPO-high of $, it currently sits at $. Last summer, employees revealed intends to unionize, amid industry layoffs and worries that the team was losing its progressive culture. Two weeks later, CEO George Arrison abruptly ordered his mostly remote workforce of 180 people back to the office. About half the company left and Grindr paid out more than $nine billion when you look at the severance.
Today, Grindr intends to boost funds because of the monetizing the latest app more aggressively, getting prior to now 100 % free have at the rear of a good paywall, and you may going out the fresh inside-app commands, employees state. Continuar leyendo «In to the Grindr’s want to press the pages»