Barry Diller Thinks Wall Street Analysts Are Too Horny For Tinder
Go take a cold shower, you animals.
InterActive Corp. is actively trying to damp down "crazy speculation" around its popular dating service Tinder IAC chairman Barry Diller said on Friday. "It's going to be what it's going to be what it's going to be," he told CNBC's "Squawk on the Street." "You take these projections, and you can take them so high, so for us, it just seems sensible—it'll be what it'll be—and let's not get crazy before it is." He said Tinder has experienced "enormous growth" and its paid subscription model has attracted hundreds of thousands of customers since it launched in March, "vastly more" then IAC ever anticipated. However, he said the didn't want market froth to affect the business.
[CNBC]