Whether it's a good date, a meaningful relationship or an enduring marriage, romantic connectivity lifts the human spirit.Our mission is to increase romantic connectivity worldwide.IAC will realistically still have complete control over Match, but Diller previously noted that an IPO would provide with the dating company with "separation and independence from the mother church." Among its risk factors, Match noted the prevalence of cyber attacks as well as hacks perpetrated on companies that work with match.Industry Description The online dating industry (SIC 7299, NAICS 812990) consists of companies engaged in online matchmaking services.As a result, marketing costs for new firms are disproportionally high.
Match and Tinder, selling the possibility of love, have been growing steadily in the past few years.
Match had a .3 million profit for the first six months of this year, according to its SEC filing.
Establishing a romantic connection is a fundamental human need.
Match is owned by IAC, the media conglomerate helmed by Barry Diller, which also controls a variety of other digital companies like and Vimeo.
IAC will retain virtually all voting control of Match by offering a non-voting type of stock in the offering.