Tinder co-founder Sean Rad shares a cautionary personal story about day trading high-risk penny stocks as a teenager.
Opinion
Rad: Stepping aside for an outside Tinder CEO was a huge mistake
“I sort of thought, and the board thought it would be a good idea for me to focus more on product and technology, which is where my passion was. That ended up being a very bad idea for the business. The, we brought in a new CEO that didn't work out, so I came b…”
Opinion
Rad: Men struggling to attract partners must adapt rather than blame women
“I think that means those men need to evolve, and those men need to take the feedback. If there's something they're doing, it's great if, I mean, that's like a great sign, like, you gotta change. Something you're doing isn't working, and, you know, you're not a…”
Insight
Rad: The trope that widely criticized startup ideas are good is false
“And if everyone tells you it's a bad idea, then it must be a good idea. That is a crock of shit. If everyone tells you it's a bad idea, then either it's a bad idea or you're asking the wrong people. You're not asking your customers.”
Insight
Rad: Startups need 'product-team fit' before finding product-market fit
“First step is product team fit. Do we want to use this product? And you got to be honest about that. And if we didn't want to use it and it wasn't good enough, back to the drawing board. So now we want to use it. Great. So the next is like product friends fit …”
Opinion
Rad: Tinder isn't causing marriage decline; it prevents a steeper drop
“I don't think a decline in marriage, a decline in in sex, I don't think is a byproduct of a product like Tinder. I actually think maybe Tinder is is helping You know, adjust the trend, prevent it from going down even worse.”
Opinion
Rad: Rival dating apps are just Tinder clones with one minor feature
“All these other products, their marketing message Somewhat now, but especially when they're starting, was we are Tinder, but we have this one little feature. Yeah. I'm like, that's not really a company. I mean, like, that's, where's the vision in that? Where i…”