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by vmception 1837 days ago
the ability to sell more shares matters, and recurring revenue is the most major component of being able to do that

nothing else does

its a dating app made to address issues women have had in other dating apps, founded/made/led by a woman, with the solution being the oxymoron of women messaging male matches first

thats it

thats the whole story

theyre publicly traded now, with a traditional IPO (no SPAC), that is called success

1 comments

"Sell more shares"? That's not how it works lol
And yet they sold so many in multiple funding rounds, an IPO and now employees dump shares on everyone’s retirement accounts

Infinite dilution, baby