Hinge founder and CEO Justin McLeod has taken part in an interview with Squawk Box to discuss the dating app and his thoughts on the dating landscape.
In the interview, McLeod explains how Hinge is purely for millennials who are looking for something more “real” and “authentic” than the typical hook-up apps.
He was also asked about how Facebook’s recent privacy settings scandal counter-intuitively left its stock at an all time high, with consumers not seeming to care. The interviewers asked McLeod if there were any privacy considerations that may come in with Facebook Dating, and what their entry meant for Hinge.
He answered: “It is an odd time for Facebook to be doing [dating]. I’m not sure but upon our demographic, which are millennials, they are using Facebook less and less and its becoming less and less a part of their lives. So, I don’t think this is a threat for our business because, I mean, they are already not using it so I don’t think they’re going to use it for dating.”
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