I doubt this will succeed. The pricing is enough to turn away most potential users and the remaining users won't generate enough income to sustain the company, especially if they meet everyone in person.
In NYC even an affordable first date costs around $25-$50. (2-4 cocktails/drinks at a semi-nice place at $10-$18 each) Paying an extra $20 to make that experience less volatile in terms of quality is not that outrageous.
Whether this will be enough to sustain the company I have no idea...
Whether this will be enough to sustain the company I have no idea...