> two companies own 95% of online dating > they are broke > just 4 billion will buy a controlling stake in them match group: this company is the most powerful company in the universe. dating apps gatekeep 90% of romantic interactions in the post me too era. match group controls 80% of more of the dating app ecosystem. just 4 billion dollars would buy you a controlling stake in the company. that's peanuts by billionaire standards (for reference facebook is worth over 1.3 trillion right now) bumble: controls about 20% of the market. controlling stake: 300 million musk paid 44 billion for twitter. a controlling stake in tinder + bumble would cost only 4,5 billion (10% of that). that is less than teslas revenue for last month > but why would musk do this the apps are money printers with over 5 billion annual revenue. they carry massive debt which makes them vulnerable to takeover musk wants people to reproduce. hypergamy makes it impossible musk has spoken of turning x into a dating app before, this is the most efficient way (network effects already built in, just needs integration into x) tldr have elon musk buy tinder and turn it into x for fertility
Spain