"Hinge's Journey from Under $1M to $400M: The Impact of AI and Messaging on Modern Dating"

TL;DR Summary
Hinge, a dating app known for its intention to be deleted once users find a match, has experienced significant financial growth, with revenue projections for 2023 exceeding $400 million, a stark increase from under $1 million in 2017. CEO Justin McLeod credits this success to word-of-mouth marketing, a focus on authenticity, and technological improvements that have made the app 20 times more effective in setting up dates. McLeod also highlights the potential of AI to further enhance matchmaking efficiency and the company's commitment to improving user experience without limiting access or pushing for increased payments.
Topics:business##artificialintelligence#business-and-technology#datingapprevenue#hinge#technologyinvestment#usergrowth
- Hinge dating app made under $1 million in 2017. It’s projected to rake in $400 million this year: ‘We’re setting up a date every 2 seconds’ Fortune
- Why does everyone hate Hinge? Vox.com
- Dating apps are burning people out for these reasons, Hinge CEO says Business Insider
- Justin McLeod: AI is 'really going to change the game' for dating apps Financial Times
- Sending this kind of message can boost your chances of landing a date by more than 40%, Hinge CEO says Business Insider India
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