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BOOK 2017

GDI-Power-Book-17

Power book

Power book 2017 JOSEPH PHUA Founder & CEO, Paktor JUSTIN MCLEOD Founder & CEO, Hinge Kelly steckelberg CEO, Zoosk MICHAEL O’SULLIVAN CEO, HubPeople MICHAEL YE Founder & CEO, DateTix JAMES MILLERSHIP & ROB SEGAL President & CEO, Ashley Madison ROBYN EXTON Founder & CEO, Her ROSS WILLIAMS & STEVE PAMMENTER Co-founder & Chairman, Co-founder & CEO, Venntro Sean Rad Co-founder & President, Tinder Tang Yan Founder & CEO, Momo WHITNEY WOLFE Founder & CEO, Bumble 4

sponsor message Jenny Gonzalez CRO, Dating Factory 2016 was a very interesting year for the dating industry. It was the first full year for the Match Group as a publicly traded company, with Tinder finally becoming a crucial component of its revenue growth. We witnessed even the most skeptical turned into believers of the “app-only” business model, after seeing Tinder’s rise from a free app giant to the highest-grossing dating app in the world, according to App Annie. Tinder’s fellow mobile dating leaders also saw significant global growth last year, with French dating app Happn more than doubling its user base to 25m, and Bumble hitting 11.5m users after just two years. Sadly, it was also the year when the industry got by far the most negative media attention, with the fallout from the 2015 Ashley Madison hack continuing to play out, the world looking down on the industry and judging us harshly at every turn. Hopefully this scrutiny will bring about positive change, uniting the industry further and setting standards for how we conduct business. After all, we do hold people’s hearts and love lives in our hands, so it is our responsibility to make sure we do our best to provide our users with technology they can trust. 2016 was also a year of innovation and further niche specialisation, bringing a wonderful array of clever new products, as a welcome wave of gender acceptance swept the market, making it a more fun and colourful place - a market not only for singles but for social discovery, with companies using technology to advance human interaction. 5

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