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Since Spencer Rascoff took over as Match Group’s CEO, Tinder has gotten flatter and leaned into smaller teams.
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Three Tinder leaders told Business Insider about the culture shift — and how it’s catering to Gen Z.
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“We are absolutely, with Spencer’s arrival, going through a bit of a cultural reset,” one of the Tinder leaders said.
Inside Match Group, there’s a common refrain: Tinder is your first dating app, and Hinge is your last.
As the watering hole for young daters, Tinder’s success is largely reliant on Gen Z. The young generation’s dating patterns have also become increasingly inscrutable: they drink and hook up less frequently, and might even be tiring of dating apps entirely. As Tinder teetered toward becoming out of touch, the platform’s revenue plateaued in 2024 with 1% growth year over year and a 7% decline in paying users.
Then came Spencer Rascoff, the bright-eyed Zillow cofounder who planned to reinvent Match Group as CEO. Within months of Rascoff taking the reins, Match Group laid off 13% of the company in May. Tinder CEO Faye Iosotaluno stepped down, and Rascoff chose to lead the property himself.
“Tinder needs a lot of work, and it is therefore my primary focus,” Rascoff said on Match Group’s second-quarter earnings call.
Rascoff has shaken up Tinder. Company leaders told Business Insider why they think the company is headed for a turnaround as product timelines narrow and the app’s messaging gets updated.
Their golden goose: Gen Z.
“We are absolutely, with Spencer’s arrival, going through a bit of a cultural reset,” said Hillary Paine, Tinder’s VP of product. “It’s reinvigorated the energy at the company.”
Faced with competition from buzzy upstarts and evolving dating habits, the stakes are high for Tinder as it battles to stay relevant with young daters.
Tinder’s new Double Date feature — yes, for double-dating — was scheduled to roll out slowly toward the end of 2025. Then Rascoff became CEO, saw the product was performing well, and pushed up the timeline by six months, said Cleo Long, Tinder’s senior director for global product marketing.
Tinder is moving faster than ever, three of its leaders said. The company used to have a twice-monthly schedule for shipping code, Long said. Now, it’s weekly.
Speed is one of the seven product principles Rascoff laid out in a memo sent to Tinder employees in May. Rascoff wrote that Tinder would employ a “‘ship ship ship’ mentality” and said it was important that data analysis would “inform but not delay” the timeline.
-
Since Spencer Rascoff took over as Match Group’s CEO, Tinder has gotten flatter and leaned into smaller teams.
-
Three Tinder leaders told Business Insider about the culture shift — and how it’s catering to Gen Z.
-
“We are absolutely, with Spencer’s arrival, going through a bit of a cultural reset,” one of the Tinder leaders said.
Inside Match Group, there’s a common refrain: Tinder is your first dating app, and Hinge is your last.
As the watering hole for young daters, Tinder’s success is largely reliant on Gen Z. The young generation’s dating patterns have also become increasingly inscrutable: they drink and hook up less frequently, and might even be tiring of dating apps entirely. As Tinder teetered toward becoming out of touch, the platform’s revenue plateaued in 2024 with 1% growth year over year and a 7% decline in paying users.
Then came Spencer Rascoff, the bright-eyed Zillow cofounder who planned to reinvent Match Group as CEO. Within months of Rascoff taking the reins, Match Group laid off 13% of the company in May. Tinder CEO Faye Iosotaluno stepped down, and Rascoff chose to lead the property himself.
“Tinder needs a lot of work, and it is therefore my primary focus,” Rascoff said on Match Group’s second-quarter earnings call.
Rascoff has shaken up Tinder. Company leaders told Business Insider why they think the company is headed for a turnaround as product timelines narrow and the app’s messaging gets updated.
Their golden goose: Gen Z.
“We are absolutely, with Spencer’s arrival, going through a bit of a cultural reset,” said Hillary Paine, Tinder’s VP of product. “It’s reinvigorated the energy at the company.”
Faced with competition from buzzy upstarts and evolving dating habits, the stakes are high for Tinder as it battles to stay relevant with young daters.
Tinder’s new Double Date feature — yes, for double-dating — was scheduled to roll out slowly toward the end of 2025. Then Rascoff became CEO, saw the product was performing well, and pushed up the timeline by six months, said Cleo Long, Tinder’s senior director for global product marketing.
Tinder is moving faster than ever, three of its leaders said. The company used to have a twice-monthly schedule for shipping code, Long said. Now, it’s weekly.
Speed is one of the seven product principles Rascoff laid out in a memo sent to Tinder employees in May. Rascoff wrote that Tinder would employ a “‘ship ship ship’ mentality” and said it was important that data analysis would “inform but not delay” the timeline.
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