Discover more from Superpowers for Good
Dating App Purveyor Shares Entrepreneurial Insights
Geoff Cook, the CEO and co-founder of The Meet Group, Inc. (Nasdaq: MEET)–the company that markets the MeetMe, Lovoo, Skout, Tagged and Growlr–joined me for a conversation about the social impact of dating apps and the challenges of entrepreneurship.
Interview with Geoff Cook, the Co-Founder and CEO of The Meet Group, Inc (NASDAQ:MEET).
The following is the pre-interview with Geoff Cook. Be sure to watch the recorded interview above.
Revenue model: The Meet Group has a diversified revenue mix consisting of in-app purchases, subscription and advertising.
Scale: Full Year 2018 Financial Highlights Total revenue of $178.6 million, up 44% year over year. GAAP net income of $1.1 million, or $0.02 per diluted share, compared to a GAAP net loss of $64.6 million, or a loss of $0.94 per diluted share, in the prior year. Adjusted EBITDA of $32.0 million, compared to Adjusted EBITDA of $31.6 million in the prior year. Non-GAAP net income of $27.5 million, or $0.36 per diluted share, compared to $28.5 million, or $0.39 per diluted share, in the prior year.
What is the problem you solve and how do you solve it?
We help meet the universal need for human connection.
More about The Meet Group, Inc (NASDAQ:MEET):
The Meet Group (NASDAQ: MEET) is a portfolio of mobile social entertainment apps designed to meet the universal need for human connection. We leverage a powerful live-streaming video platform, empowering our global community to forge meaningful connections. Our primary apps, MeetMe®, LOVOO®, Skout®, Tagged®, and Growlr®, keep millions of mobile daily active users entertained and engaged and originate untold numbers of casual chats, friendships, dates, and marriages. Our apps, available on iPhone, iPad, and Android in multiple languages, use innovative products and sophisticated data science to let our users stream live video, send gifts, chat, and share photos. The Meet Group has a diversified revenue mix consisting of in-app purchases, subscription, and advertising, and we have offices in New Hope, Philadelphia, San Francis.
Geoff Cook. Photo Credit: The Meet Group
Geoff Cook’s bio:
Geoff Cook is a serial entrepreneur and public company CEO. He started his first company from a Harvard dorm and sold it for millions of dollars at age 24. He sold his second company for $100 million. He is currently the CEO and co-founder of The Meet Group (NASDAQ: MEET), a social dating and livestreaming company with a $400+ million market cap. He has spent $200 million in the last 3 years buying 4 companies, including most recently, Growlr, a dating app for gay bears.
Geoff also runs the leading podcast player, Podcoin.
Geoff is the Ernst & Young Entrepreneur of the Year Award Winner for the Philadelphia Region. He is also a children’s book author and a mentor at Princeton University’s Keller Center. He lives in Princeton, NJ with his wife, two daughters, and son.
Are you part of the good crowd? Join GoodCrowd.school, school for changemakers today.
The post Dating App Purveyor Shares Entrepreneurial Insights appeared first on Your Mark On The World.