The Diary Of A CEO with Steven Bartlett - Hinge Dating App CEO: Everyone Said Hinge Was A TERRIBLE idea! The 7 Love & Dating Secrets From Hinge’s Founder! AI Will Change Love & Dating!

Episode Date: February 15, 2024

What is the best way to get over a heartbreak? For Justin McLeod that was creating one of the world’s most popular dating apps. Justin McLeod is the CEO and founder of the dating app Hinge, which ha...s over 20 million users and sets up a date every 3 seconds. In this conversation Justin and Steven discuss topics, such as overcoming addiction, early stigma around dating apps, the setbacks and difficulties when creating Hinge, his tumultuous love story, and why happy endings are for the movies. 00:00 Intro 02:07 My Addiction & Going to Rehab 05:18 12 Step Programme for Addiction 07:36 How My Love Experiences Influenced My Entrepreneurial Journey 12:22 Founding Hinge 15:46 How Do We Know Which Ideas to Go After? 18:50 When Did the App Form? 23:35 Tinder and How It Impacted Hinge 27:29 The Interview That Changed My Life 34:14 The New Era for Hinge 36:56 How to Be Successful on Hinge 38:56 What Is Hinge Labs? 42:51 The Worst Things to Do in Dating Apps 44:03 Advice for People Going on Loads Of Dates 47:30 Dating Apps Want People to Stay Single to Have More Customers… 49:23 How Has the Dating World Changed in the Last Few Years?
 50:31 Hinge First Principles 51:48 The Importance of Taking Risks 01:00:38 How to Have Great Company Culture 01:17:16 Biggest Hiring Mistakes 01:19:42 What the Future of Dating Apps Looks Like 01:21:33 The Last Guest Question  Watch the episodes on Youtube - https://g2ul0.app.link/3kxINCANKsb My new book! 'The 33 Laws Of Business & Life' is out now - https://smarturl.it/DOACbook Follow me: https://beacons.ai/diaryofaceo Sponsors: Huel: https://g2ul0.app.link/G4RjcdKNKsb WHOOP: https://join.whoop.com/en-uk/CEO Uber: https://p.uber.com/creditsterms

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Starting point is 00:00:00 Quick one. Just wanted to say a big thank you to three people very quickly. First people I want to say thank you to is all of you that listen to the show. Never in my wildest dreams is all I can say. Never in my wildest dreams did I think I'd start a podcast in my kitchen and that it would expand all over the world as it has done. And we've now opened our first studio in America, thanks to my very helpful team led by Jack on the production side of things. So thank you to Jack and the team for building out the new American studio. And thirdly to to Amazon Music, who when they heard that we were expanding to the United States, and I'd be recording a lot more over in the States, they put a massive billboard in Times Square for the show. So thank you so much, Amazon Music. Thank you to our team. And
Starting point is 00:00:37 thank you to all of you that listened to this show. Let's continue. We've done deep dive research studies on how can we help everyone to become more successful daters. So what makes daters successful? So the faster that you can... The faster you're going to find someone who's like, yes, this is the type of person that I want to be with. Justin McLeod, the founder and CEO of the fastest growing dating app, Hinge. I built Hinge because I wanted a girlfriend,
Starting point is 00:01:02 but we had to suffer through a lot of failure to finally get to success. Why does the world need another dating app? I think it just needs one, really, that works well. I'm going to be completely honest. Much of the reason why I never used dating apps is I had no success. So if I wanted to be the world's worst dating app user, what would I have to do? A lot of filtered photos with you in sunglasses or hanging out with a lot of friends. One word answers to your prompts.
Starting point is 00:01:24 Just like everyone. And what about serial daters? Some of us have models in our head that are exceedingly narrow. They have to be over six foot and need to work in this type of job. And so you go out and you're just looking for some reason to say no, because it doesn't fit your model. Give people more of a chance. AI. The conversation around AI and relationships has always been quite pessimistic. Sex robots and stuff. Yeah. That's certainly not going to be what Hinge is working on.
Starting point is 00:01:50 The bigger leap, though, is to move much closer to a matchmaker model and setting up dates with a much higher likelihood of success. It's happening already. It used to take a thousand swipes in order to get on a date.
Starting point is 00:02:01 And now, about 50 likes. Have you seen any changes in the dating culture? Yeah. In order to get on a date and now about 50 likes have you seen any changes in the dating culture yeah in order to get on a date people need to know this so quick one quick favor to ask from you there is one simple way that you can support our show and that is by hitting that follow button on this app that you're listening to the show on right now this year in 2024 we're trying really really hard to level up everything we're listening to the show on right now. This year in 2024, we're trying really, really hard to level up everything we're doing. And the only free thing I'll ever ask from you is to hit
Starting point is 00:02:31 that follow button on this app. It helps the show more than I could probably articulate. And it enables us to keep doing what we're doing here. I appreciate it dearly. On to the show. Justin, what is your job title? I'm the founder and CEO of Hinge. And to quantify what Hinge is and the impact it has on the world, how many people use it as a product, its reach, can you give me some color towards that? Like I can say that today we're setting up a date about every two seconds. So every other second someone's going on a date
Starting point is 00:03:12 because of Hinge. We've created millions of relationships and I'd say marriages at this point. The scale is far beyond, I think, what I imagined when I started this thing. I probably need to understand you a little bit better because it's so abundantly clear from all the CEOs that I've interviewed that there's often a series of catalyst moments that send them on the path indirectly. I mean, it's like the first domino that falls in their life that brings them to be sat here today for us to be talking about it. What are those first dominoes in your life that fell? I don't know. I think there are a number of them that probably like ended up
Starting point is 00:03:48 defining my life. I was an only child, had a entrepreneur father who ran a small business and my mom worked for my dad. I sort of naturally as a kid, good at math. I was good at computer science. I would spend my summers at nerd camp going and learning how to like code as a kid. And I will say addiction is the last piece. Cause I wanted, I like was desperate to be cool, was desperate to fit in. And that actually became like a huge piece of it as well for me. In your first year of university, you went to see a drug and alcohol counselor. Is that correct? I did. So when I went to college, you know, it was, I would say the overachieving part of me started to slip away and I kind of just doubled down on the drinking and drugs and partying. My freshman year, at the end of my
Starting point is 00:04:40 freshman year, I thought to myself like, gosh, you know, like, I haven't been to bed sober since school began, like not one single night. And maybe I have a problem, like maybe something's going on here. So I voluntarily went in to see this drug and alcohol counselor. It's like very sweet woman named Jane. And she listened to me empathetically and heard me out. And she was like, Justin, you know, I think that you probably have a pretty serious problem with drugs and alcohol. I think that you should definitely keep coming back and seeing me. And I think you should stop. And I was like, whoa, whoa, whoa, whoa, whoa. Like that's, that was like, what are you talking about? I'm like a 19 year old kid. So I just kind of ignored that and went about the partying. But I had some inkling at that point that like probably something was not good.
Starting point is 00:05:27 You went to rehab eventually. I did. I had to spend my summer in rehab after my freshman year in order to even come back to school because I'd still get in trouble a lot at like with campus safety or whatever, getting caught drinking or, and I'd been written up so many times that I actually got referred back
Starting point is 00:05:47 to that same drug and alcohol counselor for an assessment. And she's like, well, I've already actually assessed this kid. He clearly has a problem. So I had to spend my summer in rehab in order to even come back my sophomore year. So many people I've spoken to who had an alcohol addiction at some point in their life speak about the 12-step program and the role that that played in them turning their lives around did you when did you learn about the 12 step program at all and did it help i did and i would occasionally go to meetings and they were like people from the town like no one no one from like college was going to these i was literally the only college
Starting point is 00:06:20 student i did stop drinking the the and the day that I graduated from college and, um, and 12 step programs was like a, a huge piece of, of my recovery after that time. Why that day? I woke up that morning after being out at a party the night before it was graduating that day. I'd gotten an okay job in Washington, D.C., where I was going to move once school ended. But I just remember thinking to myself, like, that the steering wheel of my life was broken.
Starting point is 00:06:56 That's kind of how I think that gets back to your sort of enslavement idea or that you just don't have control anymore. Like, I envisioned my life going, like, this direction. Like, I wanted to have a big career. I wanted to go life going like this direction. Like I wanted to have a big career. I wanted to go make an impact in the world. I wanted to have like deep friendships. I wanted all these things. And yet every day it was like one more drink, right? One more drug. And tomorrow I'll like start putting my life together. And I've been telling myself that for years at that point. And I remember thinking to myself, like, I don't know what the point of living is if like without drinking, but I'm going to try to find out. And it was just
Starting point is 00:07:32 like, how much longer am I going to allow this to continue to go? Like I, I, I didn't get the job that I wanted. Right. I wanted, I wanted to go work at a, you know, Goldman Sachs and banking, which is the, and that's just like what the, I was a mathematical economics major. And that's what all like the top math econ majors went and did. And, and I didn't, I didn't get the job. I got some like, you know, decent job at some management consulting firm that no one's ever heard of in Washington, DC. And I'd lost the girl, which we haven't talked about Kate yet, but I had a girlfriend all through college, and I'd, like, lost her. It was just my life was, like, not headed in a good direction.
Starting point is 00:08:12 It was so clear, and I just viewed that as a moment to, like, change it. When did you meet Kate? I met Kate basically, like, literally the day I got out of rehab. I, like, got out of rehab at 8 p at 8 PM one night in Louisville, Kentucky. I drove all night back to school and, uh, and I woke up the next day and decided to celebrate getting out of rehab by going out and partying and drinking. And, uh, Kate found me passed out in a stairwell, like on the landing of a stairwell.
Starting point is 00:08:43 Uh, the first day of my sophomore year was her first day of school, first day of her freshman year. Later in that year, we had a class together. We started sitting together. We started to get to know each other. And we just had this incredible like magnetic connection. When you reflect on meeting her and how you felt and all of those things, I mean, you now are working in the industry. When you look back, is there anything that is consistent with, you know, all the people that Hinge has brought together today that happened in that moment? Because, you know, you see on the movies, they say you'll feel this thing in your belly
Starting point is 00:09:18 and there'll be butterflies and there'll be crazy, you know, all this kind of stuff. What was your experience like? Did you have butterflies? Did you know they were the one? I think I, I'm not sure it was like the moment I saw Kate, like I knew she was the one, but I think our relationship really started to build as we got to know each other better.
Starting point is 00:09:39 So it wasn't for me like one of those instantaneous, like this person is the person. It just grew really, really quickly as we got to know each other better. Whether that spark is a good thing or a bad thing, I think has been debated. I know you had Logan, our relationship scientist on from Hinge. And I think the spark can sort of like burn out and what you're looking for is really like a nice slow burn. Within two years, you had broken up. We'd broken up, like we were on and off, you know, six or seven times, I think during college. And then finally, by the end of college,
Starting point is 00:10:10 we'd really like gone our separate ways. Once I'd gotten sober, I would think about reaching back out to her all the time, but I just wouldn't. Cause I had enough sense to realize that like, I had probably like messed up this girl's life enough and um it just like wasn't healthy and so I would I remember being like a year or two years sober and I would like you know dial her number on my phone and I would just like stare at it and then I would just like hit the end button and I just didn't feel I just didn't feel like I was good for her and I and I just need to stay away and when you ultimately end up reaching out to her when she's living in London and working in
Starting point is 00:10:50 finance yeah so I I four years in I'm sober I'm at business school and I I finally I like, okay, I'm going to like write her a letter, like an apology letter and see if we can reconnect. And I wrote her this letter and she was living in, she'd moved to London at that point. And she called me back the next day and she was with someone at the time. And she's like, well, I'm going to be home for Christmas time. So maybe I can see you at Christmas time. And then she called me back the next day and she's like, well, I'm going to be home for Christmas time. So maybe I can see you at Christmas time. And then she called me back the next day and she's like, listen, I just, if I see you, I don't know what's going to happen. And I just, I have a stable life now. I have a partner.
Starting point is 00:11:38 We just bought a flat. Like, I just can't. And so I was just totally heartbroken because I really thought in the back of my mind, like someday we'd, I just felt like we were like meant to be together. And I thought like one day we're, we're going to end up back together. And I think in that moment, I realized like, wow, I've really messed this up. Like there's no, there's no going back. And you were at Harvard at the time. You're single, you're sober sober which makes it hard to meet people i guess precisely i mean that's the thing is i as i um both it was very special with her and also i really had trouble meeting other other people like i really relied on drugs and alcohol as a crutch and when i
Starting point is 00:12:17 graduated i threw myself into work and then i but then i arrived at business school where i think by the way we're there to like study business but it's like a huge party atmosphere. And like everyone connects around drinking and partying. And I just couldn't, it was like just too hard for me to be around any of that. It feels like they continue to drink and do those things which they don't necessarily love is because it's almost unavoidable if you want to it seems unavoidable if you want to socialize and be not be perceived as a weirdo yeah and just the whole culture and the whole like it was just all revolved around drinking so it was just constantly saying no constantly saying no thanks i don't drink like is this at all correlated you know you're in that situation where you've given up drinking you're a bit heartbroken does this also explain why you were so compelled to do something in the dating space there was a business plan like a business school like business plan competition and so I was working on like a few ideas for that
Starting point is 00:13:22 and nothing really hit like I was trying to work on, I had like various little silly ideas and I tried to work on them, but it always just felt like homework and I just like wasn't getting much traction. And this was kind of shortly after everything that happened with Kate and she told me in so many words
Starting point is 00:13:41 that like it was time to move on. And there was this last chance dance party happening at, at Harvard where people were going to like list all their crushes. And then if two people like listed each other, they would like let you know right before the dance. So this was like a moment of like, okay, like we're heading towards the end of school. I think it was around Valentine's day. And so this is like your last chance, your second year, if there's anyone that you had a crush on, it's like your moment to find out. I was actually like pretty excited about this. Cause like I, again, I was like so awkward. Like I didn't know how to like connect with people or meet new people.
Starting point is 00:14:14 I just like, I didn't know how to do that without the crutch of, of alcohol and drugs. And I was walking to class one day with the, with the student body president, this guy Brett. And he was like, yeah, we actually decided to scrap that whole thing. It was just too complicated. Like a thousand people all listing each other. Like, how are we going to manage all the, you know, like too hard.
Starting point is 00:14:35 Like we just scrapped that whole thing. I went to class and I started sitting there. I started thinking and I was like, I bet I could just like build this really quick on Facebook. Like I used to code. I like knew how these kinds of things worked and Facebook had recently opened up their API for Canvas apps like Farmville and things like that. I was like, you could just like go through and just check your friends that you liked
Starting point is 00:14:55 and you could just build something like this really quick on Facebook. So I enlisted a friend, her name was Frances, and we got together and we built this thing where people could like list their crushes on Facebook and would tell you if two people matched. And we launched it and it made a bunch of matches and it was fun and people had like a good time. But then it was, you know, you find out if you have a crush, you either do or you don't, and then everyone's done with it. But the idea then started to like percolate in my mind, like what if you could actually introduce people to their friends of friends? Because at the time there was, there were online dating sites, but no one my age used them. There was a lot of stigma around it because it was like a long arduous process.
Starting point is 00:15:40 You did on desktop computers, you answered like deep questions about yourself you paid a lot of money usually to use them and the idea of like creating something like really simple and easy that would just connect you to friends of friends suddenly just like popped in my mind and I don't know how to describe it I just like I was so excited about this idea I was just convinced this was gonna be the future of how people were gonna date and I like couldn't stop working on it and to set the scene there a little bit this is at a time which is hard to remember where there's like okcupid and match.com but there's not like mobile dating apps right that's exactly right there were no nothing was mobile and nothing no one really used it or if you used it you didn't really talk about it like
Starting point is 00:16:17 people my age just like didn't use or talk about online dating services. There was just nothing. The term dating app was not even a term yet. Do you think that's it? Because so many people ask me the question about how to know which idea to pursue. Many entrepreneur types, creatives have lots of ideas. They have a shelf full of them. How do we know which one is the one worth pursuing? I can only speak to my experience.
Starting point is 00:16:45 Like, I don't know what the right answer is, but I will say that when I was, I had other ideas that were interesting to me, like intellectually, like, yeah, like this is a good idea, but it just didn't hit me in my heart. And I would like try to work on it. But like I said, it felt like doing homework, like, okay, I'll like force myself to work on this, but it just wasn't, I don't know. And then when the idea for Hinge hit
Starting point is 00:17:09 me, I don't, I just don't want to describe it except to say like, it was like, it like infected me. And this, this, this service, this app was like going to come out of me no matter what. And it's like, I like was almost possessed to have to work on it. But I think there was the magic of me being open and like thinking about ideas and trying to work on ideas. And then I was like open. And then when the right idea hit, it almost didn't even feel like a choice. Like I just had to work on this. So many people have the idea. So many people feel infected by their belief in the idea, but then the vast majority will be incarcerated by fear and, you know, loads of naysayers telling them you can't make a dating app. What the hell is that? Yeah. Which is exactly the feedback that
Starting point is 00:17:54 I got, by the way. Like I entered it in the business plan competition. We were, you know, we didn't place at all. We were told like, this is a horrible idea. I wrote a paper on it for our class. They told me it was a horrible idea. I had friends telling, this is a horrible idea. I wrote a paper on it for our class. They told me it was a horrible idea. I, um, I had friends telling me it was a horrible idea. I would later try to raise money and VCs would tell me it was a horror. Like everyone was like, there was very little positive feedback I was getting on the idea for Hinge. I just had this thesis that if you could make a dating service that was stigma free, if you could make something that was really fun and easy and lightweight, then young people would use it. I'd always hear that the dating market is full, it's saturated. This is what VCs would tell me when I would try to raise money. They'd be like, Match.com owns this market. You'll never be able to beat them. And I remember thinking to myself,
Starting point is 00:18:39 like, it's not, how can you say a market is saturated? Like, I don't, I almost know no one who uses dating services. Like, it's not saturated. You just have to saturated? Like, I don't, I almost know no one who uses dating services. Like it's not saturated. You just have to fix the problem why people don't use it. And people don't use it because it has stigma to it. So you just- We can't remember that.
Starting point is 00:18:53 Yeah. This generation can't remember that there was a stigma around dating on the internet. In fact, what's so funny is, as you said the word stigma, I said to myself, what stigma? And I thought, and then I thought back to my childhood and I remember what I thought of people that used Match.com.
Starting point is 00:19:10 Yeah. Lonely weirdos. Totally. And that was definitely, that's how people thought about it in 2011. It was just not, you know, the iPhone had just come out a few years ago. The app store was relatively new. Yeah, and people did not meet strangers on the internet to go date. That was just weird.
Starting point is 00:19:33 So when did it go from Facebook to an app? So we started working on it. It was originally this Facebook Canvas app. And that was 2011, 2012. And, but it was really having trouble getting people to adopt this thing. It was not a good product designer, not a good brand. It was originally called Secret Agent Cupid. It would introduce you to friends of friends, but it was really a complex user interface.
Starting point is 00:20:02 You'd like answer questions about your friends. There were like little rankings. Like it was trying to be really social and like show you which of your friends are most in demand. I had like all these different components to it. It was like way over complicated. People would come in and they like wouldn't understand like why I'm answering questions about my friends. Like what's this? I'm here to date. Around the end of 2012, I'd raised a little bit of money from just like angels and friends and family, like $100,000 or so. We're running out of money, not making a lot of progress.
Starting point is 00:20:31 I made the call around Thanksgiving. I got together with my team and I was like, we just need to start over from scratch. Let's throw this whole thing out. Mobile is the future. That's more things are starting to come out on the app store around this time. So let's redesign it for mobile and let's make it just like dead simple. We'll just, you connect your Facebook account. We'll show you a photo, you know, their age, like one or two lines about them. And then you just say yes or no. Are you interested in this person? We had literally like two and a half months left of cash to like tear everything down, rebuild it from scratch, and then take our remaining money and throw a giant launch party in
Starting point is 00:21:04 Washington, DC. With your remaining money? Yeah, that's it. Literally took our then take our remaining money and throw a giant launch party in Washington, D.C. With your remaining money? Yeah, that's it. Literally took our last $25,000 and threw a giant open bar party in D.C., and you had to download the app to get in. We had submitted our app to the App Store with what we thought was plenty of time,
Starting point is 00:21:21 about two weeks. And App Store review times were typically just a couple days at that point. And then a days go by we don't hear anything back a week goes by we still haven't heard anything back uh i start trying to reach out to like the head of the app store but no one who they don't care i'm like some random kid like with a app idea no one will return my calls it is now the night before the launch party and we still have no, we don't have actually have an app to launch. So I like literally have like my last $25,000 spent on this launch party with no app. I remember being literally like sitting,
Starting point is 00:21:57 we had a little coworking space and that night I was just like sitting on the floor, like covered up my head in the, in my jacket and just crying on the floor thinking like, wow, these last two years have been for like nothing. I've worked so hard and I'm going to launch an app tomorrow. There's no app store. Like there's 2,000 people are coming and there's no app. And then I went home that night and woke up the next morning and somehow miraculously the app had been approved in the app store. And so we had the party that night. 2,500 people came.
Starting point is 00:22:31 They all saw each other using the app. The next day, people, we made more matches than we'd made in the entire history of the app up until that point. And they had to download it to get in. They had to download it to get in. And that helped overcome. I think you had to like jumpstart the stigma
Starting point is 00:22:44 because we had a lot of like the very, like the cool people in the social scene in Washington DC coming and all downloading it in front of each other and talking about it. And so the fact that it was like really, really dead simple and the fact that everyone saw each other using it, I think like started to like jumpstart
Starting point is 00:23:01 and get over that stigma problem. And then we had like 400 people log in the next day and we're like, okay, wow, 400 people on their own came in. I mean, up until that point, it was such a, like literally a trickle of users coming into our like little app. Like I would, I remember I would like sit there and like look at the logs and people, like a user would come in and be like,
Starting point is 00:23:19 oh, okay, like there's a user using the app. And then we're like, okay, he just clicked this button. And like, then he like passed and then he would leave. And I'm like, oh, okay, wait for the next user to come in, like sitting, just user using the app and then we're like, okay, he just clicked this button and like, then he like passed. And then, and then he would leave and I'm like, oh, okay. Wait for the next user to come in, like sitting, just like watching the logs. So hundreds of people coming the next day, a few hundred more the next day. And then it just started to like build and build and build after that.
Starting point is 00:23:38 Was it like a snowball effect? Yeah, it really was. And once, once we'd hit it with the, with the product, it started to spread through word of mouth. Then people in DC started to tell their friends in New York, and then we started to build up a waitlist there. And then people in New York told their friends in San Francisco, and they would like build the waitlist up there. And then we would start opening cities one at a time once we felt like we had enough liquidity. And how would you open those cities? Was it the same? We'd do another launch party. Literally, my life was just like throwing launch parties in cities like we would, you know, a lot on um on apps back then and uh there wasn't many apps the app store was was grow felt like it was growing very quickly i was you know people were discovering lots of new apps all the time i feel like people are discovering less apps at the moment i don't know if that's true or not but i just felt like that was kind of the
Starting point is 00:24:39 app boom moment so things like a launch party i could you know i can see how those things would work then but i question whether people listening to this right now that have got an app. Would they throw a launch party and that's what's going to solve their problems? Probably not. So interesting. And then Tinder around that time starts to emerge a bit further on, right? Yeah, right about that time. So right around the time we threw that launch party, I think Tinder had launched just a couple months prior out in LA. So almost the exact same time, we had a very similar model.
Starting point is 00:25:09 They took off hugely and we started to grow as well. In fact, their growth helped our growth because the category was emerging and now people were seeing Tinder. And Tinder was an app that was all about location and ours was all about friends of friends. And that was really the main difference. But as a result, people viewed Hinge as like the sort of like more serious intent dating app because it was friends of friends, people you meet at a house party or dinner or wedding, whereas like the other one was a bit more of like a casual reputation and like meeting at a club. And as a result, all of a sudden the VCs who were telling me there's no way this market's totally saturated. Now I was no longer begging for money. I was like turning away. People were trying to send, like trying to raise a round at
Starting point is 00:25:54 that point. We went from like, you know, begging for scraps to like raising almost a $20 million round where I was turning away money because I just couldn't take anymore. So it really, that changed the game. And was it a straight line up from there? No, definitely not. So we had some good success in 2013, 2014, 2015 growth started to level out. Tinder had definitely gotten successful, beat us at the game of like overcoming stigma, like that it was cool to use. It was quick, it was easy, it was fun. Ours was just like a Tinder copy that was friends of friends, but we weren't, we were like, the growth just like wasn't there. And more importantly though, around that time there was an article
Starting point is 00:26:47 that came out in Vanity Fair called like the dawn of the dating apocalypse. And it was all about how dating apps had destroyed dating culture and romance and Hinge was featured like pretty heavily in that article. And I was just thinking like, gosh, this is not what I, like I built this because I like wanted a girlfriend.
Starting point is 00:27:04 Like this is not what I wanted like I built this because I like wanted a girlfriend. Like this is not what I, what I wanted to build from like a values perspective. I remember going out with my, my head of marketing at that time. Her name was Katie and I was, I was about to head home for Thanksgiving and we sat at a little cafe in New York and I was just telling her like, gosh, I like, I wish I could just start over from scratch. Like, this is not the company I want to build. This is not what I want to do. And she's like, well, I mean, you're the CEO, like what's stopping you? I went home and I thought about that and you know, nothing was like, what was stopping me? We just raised a big round. We had resources. And so I decided to
Starting point is 00:27:40 reboot the company again. So first reboot 2012, this reboot, let go of half the company, and then threw out the old code base and built something new from scratch that would be about really helping people who wanted to find their person, like a long-term relationship brand, and totally change the user interface and the profiles and the whole flow and design it for people who actually like really want to find their person. If you hadn't have had that interview with Debra from cafe.com before, right? Yeah. Do you think you would have made that decision? Tell me about that interview with Debra from cafe.com and how it changed changed things for you so in 2014 someone reached out to me her name was deborah and she had downloaded hinge she lived in new york and the very first person that
Starting point is 00:28:36 she that like we suggested to her she liked and matched with and then fallen in love with and so she'd reached out and was like how did did you, like, I want to learn more about you. I want to learn about your company. We were just, you know, we were getting popular in New York, but not hugely popular. So we met up for an interview one day in Madison Square Park near my office. And, you know, I didn't have my, like, it was dumb luck. Like, I don't know. It's like the first person that happened to show up on her app. Like we didn't, we didn't, it was just, we were lucky. But as we chatted, you know, kind of a standard interview at the very end of the interview, we were getting up and she's like, you know, one last question. Have you ever been in love? And I was like, well, once a long time ago, but I, you know, I just didn't realize it until it was too late. And Debra turns off the tape recorder and she's like, listen, I have to tell you a story. And she tells me the story of how actually she sort of had this misconnection moment. She wasn't with someone that she had met much younger and they had found each other all these years later and realized they should have been together. And she was like, you know, you don't have to make the same mistake I did. Like you can still be with the one.
Starting point is 00:29:45 You just have to do something dramatic. You have to just go over there and like pour your heart out and like put yourself on the line. And I was like, listen, lady, like, you know, it's been almost eight years since I've even seen her. It's kind of over. There's no way. That said, I was about to head over to the launch party for Hinge in London. And I thought, okay, like I'll just shoot her one last note. And so I reached out to her and I said, Hey, I'm going to be in London. Would love 15 minutes to say hi and goodbye. It's just weird to think
Starting point is 00:30:20 that we're never going to see each other again. And she wrote back and she was like, for the first time, so in now another four years. And she was like, listen, I don't live in London anymore. I live in Switzerland, but I'll be around this weekend and I'm happy to hop on the phone. So I like got that message. I went to the airport. I got the, I got a ticket to Switzerland. I got on a plane to Zurich and, um, and she reached out the next day. She's like, Hey, I'm around if you want to chat. And I'm like, great. Cause I'm going through customs in Zurich right now. And she agreed to meet me at a little cafe, and we sat down with each other. And I think at that time,
Starting point is 00:31:08 part of me thought, I really want the girl back. This is it. And part of me thought, it's been eight years. I've changed so much as a person. I'm sober now. I'm running this company. She's with someone else now. And by the way,
Starting point is 00:31:24 it was literally a month away from getting married at that point. She was, she had a fiance. She had a fiance. Yeah. And, and to be married in a month, like,
Starting point is 00:31:31 uh, so like on the verge of getting married. So I thought we'd see each other and kind of just like laugh it off and glad we saw each other. and I just didn't, I honestly didn't know what's going to happen. It was like, it felt, but there was this hope in me that like, wow, maybe she really is the one, maybe we'll like realize it. And we sat down at this little cafe and, and it was just like,
Starting point is 00:31:58 I think we both felt like an incredible amount of that connection that we'd always had. And we sat and we, we talked for like seven or eight straight hours in this cafe, never even got up to get a coffee. And at the end of that conversation, she's like, I think I'm calling off the wedding. And, and so about a week later, she moved out of Zurich and moved from back into, back my 300-square-foot apartment in the West Village.
Starting point is 00:32:32 And this is a long way of getting back to your question, which is how does this relate to Hinge and what I have done the reboot? Because here I am, and I've gotten the person. This is the person that I've always wanted. I finally got her back. And it was totally amazing for a month or two or three months maybe max. And then the honeymoon period ended and we're two people living in this little tiny apartment together in New York who haven't seen each other in eight years. And we've got to start figuring each other out. And it wasn't perfect. And the part of me, like I would have, if I were just dating this person, I would have run, right? I would have
Starting point is 00:33:15 like cut it off and been like, okay, like not the right person. Like it's not, it's not perfect. Like I imagined it was going to be, but she'd called off this life. She'd left her person, she'd left her whole existence over there, so I couldn't just break up with her. And that's when I think the real work of the relationship started and real intimacy and vulnerability and love started to form. And realized like I would have just passed over this person. And I think it just totally changed my, my mentality of how a dating app should be designed. Because I think up until that point, I thought, you know, it's a, it's a numbers game. You just got to like get through enough people. And once you find your person, then it's, then it's kind of happily ever after, after that. And realizing that like how many people,
Starting point is 00:34:07 we all must just skate right past because we're not vulnerable because they're not vulnerable and we fail to like make that connection. And so I wanted to like rebuild an app if it were really for relationships. It would be a very different kind of app. You would have to like have people slow down. You would have to have people be more vulnerable. You'd have to people share
Starting point is 00:34:29 about themselves and put themselves on the line a bit more in order to form that initial connection. And so that was the foundation and sort of like the design principles for what we wanted to build with a new hinge. Fairytale endings are made for movies because there's a lot of work that happens when the credits after the credits roll totally yeah we were just getting started i had no idea and you also when you talk about this new vision for hinge it's quite idealistic you know this idea of just being able to create an app where people slow down and they give more information and they're more vulnerable tends to be the case that your ideal scenario for how humans behave isn't actually how they want to behave right especially these days because we're all we all believe things should be like
Starting point is 00:35:14 quick and easy and it's not quick and easy you get you get out what you put in and so we were always fighting this balance of like what people are willing to do and what they should do, you know? And, and we were trying to, to like, we could of course build an app. That's just like, makes it like what people think that they want, which is like quick and easy and fun, but you have to slow people down, get them to put in a little bit more effort. it's a real it's a real balance of of like getting people to be vulnerable as much as at least they can tolerate and because the more that they are the more effective their experience is the better chance that they have of finding their person how is that received when you come up with this new vision for hinge which is going to be slower
Starting point is 00:36:00 much more meaningful and much more deeper and really based on forming long-term connections. How has that received by people? I think in theory it was, it was celebrated, right? In theory, I think people were like, yes, the world needs this kind of, this kind of new thing. Like we definitely want something that's like a little bit less like fast food and more like, you know, a nice nutritious meal when it comes to dating, you know, it was, it was still hard to really get people like, they like it in theory, but then they're like, wait, I have to fill out like three prompts. Like, wait, I don't just swipe on people. I have to like, like something about them. Um, wait, if I like someone, they're just going to see it. Like, you're just going to tell
Starting point is 00:36:37 them I have to add a comment and like, say something about them. So it was like a lot to get people's head around who are used to something that was quite different, but it was effective and that's what mattered the most. And, you know, that was a, it was such a huge mindset and shift for us to stop thinking about user engagement and user retention and all these like classic metrics that, you know, VCs look for when they look at like social media apps and to just think, are we getting people out on more good dates or not? And that's going to be our North star metric. And we'll grow through word of mouth because people are actually going to go on good dates and they're going to tell their friends about it. And so that was our North star. And so we didn't worry so much about like all those engagement metrics and, you know, we didn't, there weren't as many matches and there wasn't as much whatever engagement on the app. It was actually way more efficient and effective at getting people out on good dates. And so we launched this new thing.
Starting point is 00:37:31 Our user numbers actually started to decline initially from the old version of the app. And what about money? Yeah. And so right about that time, we're starting to, we've burned through all that cash in order to build this new app and we're starting to run out. And so I went out to start fundraising again and telling the story of like, look at these, like we're way more effective now. People love the product. But on the other hand, we used to have, I don't know at the time, 400, 500,000 users. And now we're down to like 100,000, 150,000 users. And that's a pretty tough story to tell to venture capitalists.
Starting point is 00:38:05 And you're shrinking. Yeah, we're shrinking, but we're going to grow because look at how amazing these, and no one like really bought that story. And I was flying around everywhere talking to every VC. And I could talk to, you know, at that point, Hinge has gotten popular enough that any VC would like take my meeting and talk to me. But it was just, I probably had 50 or 60 VC meetings and like not a single, not a single yes. But right on that time, we also started talking to Match Group. They saw, they could see what I saw. They saw, wow, this is actually something that's different.
Starting point is 00:38:41 It's differentiated and it has real promise. And so when we were down to like, once again, like days of cash, probably like a week or two left of cash, we negotiated a deal for like an initial investment from them. That would set the stage for them to eventually acquire the company. And between 2016 and 2019, when they acquired the company, what was growth like? It was slow at first, 2016, 2017.
Starting point is 00:39:11 We were kind of still figuring out the, it was a completely new model. And so we were figuring out how to really make that new model work. And we were like, you know, tuning it. And around 2018, we felt like, okay, we've really started to, like now people are really starting to love this app. It's starting to really grow through word of mouth. And, and then we started to like pour on marketing money. And at that point it was showing like how much that could accelerate the growth. And that's when Match Group invested. Hinge Labs. What is Hinge Labs? I don't believe any other dating apps have something like Hinge Labs. Yeah. and it's all part of this idea that we want to build,
Starting point is 00:39:47 like we're just focused on user effectiveness. And does this actually get people out on good dates? And a huge piece of the, you know, a dating app is relatively unique. It's not just a piece of technology. It's, you know, what, it's the people that are on there and how they're behaving and the technology, like that's your experience as a user. It's not just like, no matter how good we get at product
Starting point is 00:40:10 and product design or whatever, like we have to control for the behaviors of other people and making sure that we have the right people on who are behaving the right way. You know, we can only guide them so much with, you know, UX. We also have to like kind of coach people and guide people and teach people how to become better daters. And so Hinge Labs was developed to sort of study daters who are successful, study daters who are not successful, figure out what are the patterns, what do we see, and how can we help level up everyone to become better and more successful daters. And so Hinge Labs really does deep dive research studies on just what makes data successful and gives us the fuel to be able to build better product
Starting point is 00:40:58 or build user guides, things like that. So what makes data successful? Makes dating successful? Yeah. Like, you know, I've got friends that seem to be successful at dating and friends that are just those prolific serial daters that go on a hundred dates a year and never seem to make any progress. Yeah. And also, are there like categories of datas that you talk about? You must've got like categories, like the serial data that's never going to be successful. They're just doing it for the fun of it. And they're like one hit wonder we we definitely have different profiles but we anytime we try to
Starting point is 00:41:29 like just put people into discrete categories it never works because people are complex and they have different everyone's story is kind of unique and so it's hard to put people just like into buckets um and there are i think some general principles that I've learned and we've learned through Hinge Labs. And, you know, again, you had Logan here relatively recently. And if people are interested, they should definitely go listen to her podcast with you because it's like a masterclass in how to become successful in dating. But I would say like the more that you are willing to be honest and vulnerable and real, like the quicker you can find those connections and the higher quality connections that you're going to get. I think that's the kind of upshot and the way that we really try to design Hinge to help people maximize their
Starting point is 00:42:17 success on that front. Why does that matter at a human level, being honest and vulnerable? I think two reasons. One is that you get to an accurate assessment more quickly of someone, right? Like if you're trying to pretend to be someone you're not, or you're just trying to be cool or get a lot of likes or whatever, people aren't seeing the real you and they're gonna eventually see the real you.
Starting point is 00:42:42 So the faster that you can just put, like, be clear about who you are and what you're looking for and what you want and what's not perfect about you, then I think the faster you're going to find someone who's like, yes, this is the type of person that I want to be with. And you're going to avoid all those people that were attracted to the kind of veneer that you'd put up, but then they get to know the real you. And then that's not. And then I'd say the second piece is that it gives people like hooks to grab onto. Like there's just nothing to talk about with someone who's perfect and invulnerable and invincible. Like what do you have to say? Like we connect over the cracks and the little imperfections and that's how we connect
Starting point is 00:43:21 and relate to one another. And so you'll form a much better and deeper and quicker bond with someone when you open up like that versus try to impress. Okay, what about this then? So if I wanted to be the world's worst dater, if I wanted to be the world's worst, most unsuccessful hinge user or dating app user more generally, what would I have to do? So I've got your first point, which is about be really inauthentic. Pretend I'm perfect and use fake photos or portray myself in a way that's not authentic. Yeah, a lot of like filtered photos with you in sunglasses or hanging out with a lot of friends,
Starting point is 00:43:57 one word answers to your prompts, you know, just like everyone or wait for likes to come to you. I think like that, that's the kind of mentality they're trying to get people out of. We want people to fill out deeper. That's so much of our work is helping people select better photos
Starting point is 00:44:13 that show more of their personality, help people answer prompts, which are these short questions designed to get you into a conversation and answer them thoughtfully to be really thoughtful with your likes, because the more thoughtful you are with your likes, the better our algorithm gets because we actually understand who you like and who you don't like. So don't just like, you know.
Starting point is 00:44:35 No, because then we can't learn your taste, right? And we're not going to get closer and closer to the type of person that you like. Okay. Interesting. And what about these serial daters? Because I've got some friends that are like those serial daters, literally a hundred dates a year. And I'll sit with them and we'll chat and they'll tell me, oh yeah, I want three dates this week, et cetera. For those people, I'd love to be able to get, offer them some advice. Thinking of one of my friends in particular, who I know is going to watch this. Yeah. I mean, I was one of those people, right? I mean, I was a person who, you know, constantly was, I wouldn't necessarily just go on a whole lot of first dates, but I would go on a whole,
Starting point is 00:45:13 I'd had a whole lot of two to six week relationships. And then as soon as I would find something, quote unquote, wrong, or I wouldn't feel good in the relationship, then I was like, well, this doesn't work. Like this is wrong. Because I think I had such a fantasy about what a good relationship looked like. Like my model was totally broken. many of us were like, we're trying to fit like a model in our head with the reality that we're trying to like match this reality to like some model in our head about what a good relationship is or should look like. And I think my model was like, you know, it stays sexy and fun every single
Starting point is 00:45:57 time we're together. We don't fight. There's never any, you know, there's like, I think I just had this like very happily ever after moment in my mind. And so I skipped over and passed over so much because it just didn't fit this like model I had in my head. And I think some of us have models in our head that are exceedingly narrow. They have to be like over six foot and they need to work in this type of job and they need to be like this. And so you go out and you're just looking for some reason to say no, because it doesn't fit your model. And I think the biggest thing is for us to, um, like change the model in our head that we're that like of like what we're trying to look for and like widen that aperture a bit and give people more of a chance and like see things through a bit more. People have to, this height thing you mentioned, the six foot thing,
Starting point is 00:46:52 seems to be a lot of conversation because I think the vast majority of people, the vast majority of women I imagine would want someone that's more than six foot. Is that correct? No, I don't, I don't know if that's actually true, but people like someone taller than them. Taller than them. Okay. Yeah. That's just one example. I mean, I don't know about the height, but I think it's just the point is like we have very specific and narrow models.
Starting point is 00:47:19 And I think a lot of people who end up in successful relationships say this isn't, you know, if I were making a shopping list and like, you know, writing down all my like little features that I'm looking for in a partner, like this person didn't necessarily, that like I would have missed this person. There's a website, isn't there? I can't remember the name of it, but you go on there and you say what you're looking for in a partner and it shows you your statistical probability of finding that person okay yeah i don't know about that but yeah i think if people saw that it's horrifying yeah it'd be pretty horrifying like you're cutting out 98 percent of people um based on your criteria the salary the height the way um the race you put on there and then it shows you it goes like you have a 0.0 chance of finding this person um and obviously you want them to be single as well as another criteria um to find interesting one of the things people say about dating apps and like dating app companies and founders and ceos is they want people to stay single because then you've got more customers and surely if every
Starting point is 00:48:19 if you have this metric where people are becoming um are getting married you're losing customers yeah so our belief on that which has always been um we like our motto our our tagline is designed to be deleted and that came from by the way we were working with a branding agency and they were like what's hinges stick you know like what makes you different? Like you're Tinder, but what? And I was like, I don't, there's no gimmick. Like there's no like, oh, we're Tinder, but like X or Tinder, but Y.
Starting point is 00:48:54 Like every single part of the app is like designed to be different and like designed to help get people out on great dates. And that's kind of where there's like designed to be deleted, which by the way, it was like, there's so much debate internally about that. Cause it's so,
Starting point is 00:49:09 it sounds so technical, like design, like in your own tagline, like designed to be like, and it's people won't understand it, but we kind of went with it because it's the only thing that really represented what makes hinge really different. And what does that mean?
Starting point is 00:49:23 And it means that do we get people out on great dates or not? And that's what's driven every design decision and why Hinge looks different than all the other apps is like that optimization function. And so in terms of a business model, the belief is that like we will grow through word of mouth, which is the most effective and efficient and cost-effective way to grow if we just create more great dates and more relationships. And the thesis is like,
Starting point is 00:49:50 as long as there are single people in the world, which I'm pretty sure there are plenty of single people left in the world, that they'll want to use Hinge, which feels more like a utility that's truly effective versus like perhaps something that feels like a little bit more like a game. Since the company started, have you seen any changes in the dating environment, the dating landscape, dating culture? Yeah. Gen Z, for lack of a better term, has different dating patterns. I think in some sense, like when I started Hinge, people were, there was a lot of stigma around dating apps because people just didn't use them at all.
Starting point is 00:50:28 Then I feel like everyone started to use them and it became sort of the default way to meet people. And I think this is why we've actually like hinges growth has accelerated so much even recently is that there actually is a desire to move away from the sort of like quick hit superficial swipe, swipe, swipe. Yeah. Yeah.
Starting point is 00:50:44 And moving to something that's, people are willing to share more about themselves and be more like, I think like Gen Z's generally willing to like, you know, it's like the TikTok instead of the Instagram kind of feel of being vulnerable, putting yourself out there. You don't have to look so polished and so perfect. And that's actually great for dating because that's exactly the kind of ethos that we actually need for people to be successful.
Starting point is 00:51:11 And the hinge, as I was reading, has got these sort of five first principles. What is the current company mission statement? Well, so we want to foster intimate connection to create a less lonely world. And a lot of social, we'll call them like social networks, they started social networks, were also I think had a similar mission. Like you wanted to get you connected to the people who matter most to you. And they've all kind of like, they all became social media companies instead because it turns out that like brands and influencers and outrageous people are just more interesting than your friends and it's easier to get you to spend more time in app and more time looking at ads if we like show
Starting point is 00:51:55 you much more sensational content than than like you know real um like creating real moments of connection with the people who matter most to you. And that's what I wanted to drive home really clearly in our mission is that hinge at its core, even if we were expanded in new business lines or do something in the future, we are a company about intimate connection, about one-to-one deep connections between people. And we don't ever want to deviate from that as our core because it's really what the world needs right now first principle to radical trust so you've got designed to be deleted number two is radical trust yeah which means so radical trust is our commitment to and so these cultural principles that you're reading off came from this book called How We Do Things. And so when we rebooted the company in 2015, at the end of 2015,
Starting point is 00:52:49 beginning of 2016, at that point, I didn't think about company culture kind of at all. It was just like, we were a bunch of people in a room trying to solve problems. And we were only 30 people. So culture just kind of emerges naturally among that group of people. It really rotates around the founder, but I didn't think consciously about it. When we did that reboot, we let go of half the company. We took the remaining half and we went and did an offsite and we did a breakdown and a really, had like some really honest, at times tearful conversations about like, what had gone wrong? What did we do right? What didn't we do right? What do we wish we had done better? And a lot of them were of course like product
Starting point is 00:53:32 decisions like, oh, we focus too much on the competition and copying the competition and not focused enough on our customer. But a lot of it was like how we operated as a company. And coming out of that, we actually started a like open source Google doc that listed our kind of what we believed and how we think things should get done around Hinge. And originally it was just like a long doc of just all kinds of principles. It was me just trying to like put my management algorithm like down and on a piece of paper so that everyone was very clear about how I made decisions and how we should all make decisions and how we should prioritize and what we should do. So then eventually as Hinge got a little bit bigger and we started to have more than a hundred employees, that model didn't make as much sense anymore. And we put it in this book
Starting point is 00:54:19 called How We Do Things, which was at that point, just a list of all our lessons. It's really about, it's a story of our lessons learned. It's like we did it all the wrong ways and that led us to learn to do it the right way. And so that's where, just to give the context on where these principles came from. So Design to Be Deleted was like, we used to focus on the competition and focusing on like what features our competitors had. When we did the reboot, we just focused on making our one metric, getting people out on great dates. And I prohibited people from looking at the competition. I didn't want any of their apps on my phone. I just focused on novel innovation in service of our customer. Radical trust was about a lot of the decision-making like very top-down. And I think people felt disempowered.
Starting point is 00:55:07 They felt a lot of whiplash. And radical trust was about how do you push decision-making down to the front lines? And how do you empower people with the information that they need? So have a lot of transparency from the top down about where we are as a business, what our needs are, what our problems are, so that people on the front lines can go solve it. Love the leap? Love the leap is this idea that small incremental optimizations can be great, but real, the things that matter
Starting point is 00:55:38 require like a level of a much bigger innovation leaps. And we have to not be afraid of failure because when you make those much bigger innovation leaps. And we have to not be afraid of failure because when you make those much bigger innovation leaps, a lot of them like won't, of course, land. Or you have to, I think even more importantly, trudge through a whole lot of failure to finally get to success. I think there's a culture of like,
Starting point is 00:55:59 that comes from people, especially who have worked in tech companies and much larger tech companies of like, oh, you just test and iterate. Like you test this thing and then if it works, great. And then if it doesn't, then you just like move on and try the next thing. I think the difference between that and then the way that like often a founder and entrepreneur will think is like, I believe in this thesis and I'm going to get there no matter what. And if I had like, I mean, think about how many iterations of hinge I had to eventually get to the successful hinge. If I'd just been like,
Starting point is 00:56:23 oh, I'm thinking about building a dating app. I'll throw something out there and see if people use it. Oh gosh, they're not really using it. I guess a dating app's not a good idea. I'll go like build a, you know, whatever, a car hailing app. You have to like trudge through that. So that's love the leap is like,
Starting point is 00:56:38 you have to suffer through a lot of failure to make like the big innovation leaps. Do you see a variance in even your team members, but other people you work with, they're biased towards failure. They're at the different failure appetites. Yeah. And it gets harder and harder as you get bigger and bigger and you're fighting against a larger cultural inertia. Like, and it's just very human, by the way,
Starting point is 00:56:58 to like not make mistakes and not look bad. And that's why, by the way, this whole book is written as like, here's all the mistakes that we made and how we did it all wrong, just to give people the permission to know like we're all works in process. We're all trying to learn. So you are overcoming like a much larger cultural inertia
Starting point is 00:57:16 to get people to take risks and make mistakes. How'd you do that? You exhibit failure from the top. Like you admit, I think when you've, when like, when you've made mistakes, like when I've made mistakes or even talking about, you know, my development plan or things that I'm working on.
Starting point is 00:57:35 I just think it's like you, almost all of these cultural attributes have to be modeled from the very top. Super interesting. Because most people are just incentivized to just do their job. So when you bring along a new idea or a new innovation, you know, incentive structures mean, oh, listen, I'm not getting paid to take that fucking risk and then be made to look stupid. Yeah. So I'm not doing that. Yeah, I think that's right. And that's why I think we're,
Starting point is 00:57:59 and we're continuing to evolve these principles and, and, and refine them. And in fact, we're going through a process right now. It's kind of ironic because we're continuing to evolve these principles and refine them. And in fact, we're going through a process right now. It's kind of ironic because we're walking through these and I'm about to release a new version of these to the company. And there has been a bit of a refinement. And we're actually kind of changing this one and combining it with the first one to call it Love the Problem because so much of about what we're really trying to get across through this is that you have to go like really deep and develop a deep thesis on a problem.
Starting point is 00:58:23 And that's what you do, I think, at this stage of a company. You don't take like wild leaps based on the intuition of a founder anymore. You like do deep research on a problem. You get conviction around it. And then you're not afraid to like fail again and again trying to solve that problem because you are convinced that it's a real problem and you understand a lot about it and you're making a very informed decision. You're taking a very thoughtful approach to solving it.
Starting point is 00:58:44 Number four was, and it currently is on my iPad here, guided by principles. And that one's definitely staying. And that's one of the biggest, my own personal journey. And I would say like this journey, and it's sort of what I talked about when I talked about how this got created in the first place is that if you keep making the same mistakes over and over again, and you're not having an honest self-assessment about where you are and how things are working, you won't get better. And so both of my own personal journey, and this has happened through, you know, recovery through alcohol and addiction and getting better and better as an entrepreneur, like I was always self-reflecting and thinking about like, okay, like seeking feedback,
Starting point is 00:59:23 like what didn't go well there? What did go well there? How can I do that better next time? And it became, like I said, too arduous for me to even to track all these things in my mind. So I started putting them in that Google doc so that everyone at the company could hold me accountable to this like management algorithm I was developing. And what I wanted us is to do as a company is always make decisions based on principles. Like, what's the underlying reason? Like, if I'm making a decision, no one should ever think, well, that's just because Justin likes it that way. Or that's just because some other leader at the company, that's just what they want.
Starting point is 00:59:54 So let's just do it their way. We want people to think, like, to understand, like, how am I making those decisions? What's underneath that? What principles do I believe in that made me to choose this over that? Because if you make that really explicit and clear, then you gain trust. People understand like why you're making the decisions. And two, they can start making decisions on their own without you needing to be in the room and start developing their own principles for how they make decisions. And so, so many of our meetings start off with like, well, here are the principles that
Starting point is 01:00:22 we sort of aligned on as we started to make, you know, think about this body of work. And it just aligns everyone on the, what's the, what was like the core set of assumptions and beliefs and values that we have before we get into the details of the work. And that kind of counteracts the whole CEO, because I said so, you know, vibe, which might get, I guess, might get compliance, but it probably won't deliver upon whatever someone calls leadership. Yeah. It's not scalable. And maybe some CEOs always know the right thing to do, but I don't always know the right thing to do. I think my job, once we got past 20 or 30 people, which by the way, I didn't know the right thing to do even when we were that small, but I thought I did. But as we got much bigger, like I can't be close enough to the, to the information to like
Starting point is 01:01:10 make really great decisions. And so my job primarily is, is building and fostering the culture that makes good decisions. I've been thinking a lot about company culture and I threw this at Brian Chesky when he was here, this idea of how you create company culture, like how do you decide? I think some people think, especially post pandemic, which caused all of these companies and businesses to start thinking about what their company culture was in a new way. You'd see CEOs and managers almost like brainstorming a principless culture. And it was more like, how, what days do you want people to come in?ays and wednesdays we say two two days a week one day a week so we you know um and that just doesn't feel right it doesn't feel like it's based on anything so i said to brian i said one of the
Starting point is 01:01:53 things i'm thinking about is maybe culture is already there and you just kind of have to reverse engineer it from the problem you're trying to solve in the world which means for example if we want to be the best dating app in the world, then there's a set of behaviors we're going to have to exhibit to get there, which is going to require a set of values. And then with those values, we're going to use those values to create systems processes and hire the people that we need. And so you can almost reverse engineer your mission as a company backwards to figure out what your culture is. You said something about like, you're just describing the culture that already exists. And I think that's kind of true, especially if you do it
Starting point is 01:02:28 early enough where it's not out of control yet. When it's like relatively close around the founder, you've only got like 30 or 40 or 50 people, then you definitely have some sort of culture. And at that point though, I think you want to start defining it so that everyone's clear on what it is because it will start, you'll start losing, it starts expanding and people start, it's a game of telephone, right? And it will like, it will get lost over time. So you want to get really clear on like what it is. I think it's the best of what is as well, right? Because I think you're trying to like articulate when we're at our best, this is how we're acting. And when we're at our best, this is how we're acting. And when we're at our worst, this is how we're acting.
Starting point is 01:03:08 Because both are always happening within a company. Like, and you don't want to, you want to constantly prune away the stuff that's not, that's sort of not great and start having more people replicate what is great. So it's that, it's more like a pruning process and not just like a, here's our culture, like describe it and put it out the door. But on the other hand, you can't just like
Starting point is 01:03:28 throw it up on a wall and invent it from scratch. Like once an organization is big, you can't just say like, our culture suddenly is going to be X, Y, and Z. It'll be so inauthentic to what's actually going on on the ground that no one would ever follow it. I almost think about like parenting in a way, like you can tell a kid a rule or tell a kid like a, but you always have to be watching and like giving those little guidances, like here and there, you always have to be giving those little nudges
Starting point is 01:03:55 when you see people acting in accordance with the culture and praising it or not in accordance with the culture and giving them constructive feedback. Because it's such, it's this living, breathing thing, like defining it as just like one one step but a very important step and as the company grows and scales i was thinking about this idea of um the best of what is is it possible that the best of what is when there's 10 of you and you're potentially sleeping under a table like the stereotype goes is not going to be the right culture for when there's 10 of you and you're potentially all sleeping under a table, like the stereotype goes, is not going to be the right culture for when there is like 200 of you. Yeah, totally. And the book you're reading from right now is when we were, you know,
Starting point is 01:04:34 50 to a hundred people and, and now we're 300 and something people and, and we're evolving them. And we're actually changing some of them because I've learned things over time that like no longer work at a company this big. I'll give you an example. One is that idea of radical trust, which we just talked about, which actually kind of pained me to talk about because that's not, I've learned that's like not right for a company this big anymore. you want to push decision making down somewhat but if you do it too much especially in a larger organization you start getting a lot of silos and everyone just doing micro-optimizations and there needs to be much more of a conversation
Starting point is 01:05:16 and I actually watched the Brian interview and he talks about pulling decision making in and that actually is I think more in line with where you have to be if you want to stay innovative and still think like a startup, even at a big scale. So there's things that I took for granted because when we were a hundred people, that was happening already, but I didn't see it because I just had, I knew everyone's name. We were all in the same room. And so there was a lot of CEO and executive team influence on the team that was
Starting point is 01:05:45 kind of hidden because it just happened naturally. So we thought we were pushing decision-making down. However, I was in conversation with junior developers and junior engineers and junior designers all the time, giving like little nuggets of feedback. I was involved, just not officially. And I think as we got much bigger, we realized like, oh gosh, you can't just push decision-making down and hope for the best. You have to like pull people in and coordinate. And there are people at the top that have a view across what's going on across the whole company that need to actually be making decisions. We can't just like push it down. Just to be super clear on that for someone who is, you know, in their first month of business,
Starting point is 01:06:22 pulling decision making in, in that regard is empowering people to make decisions, but those decisions coming, again, through the central lens of the company's mission. When you're really small, it's happening already, right? If you're a team of 10 people or 12 people, like you're all aware of what each other are doing, you're talking and you're being conscious about if I'm the marketing person
Starting point is 01:06:43 and the product person over here working on this product feature, I'll think like, oh, I should probably market that product feature. Like there's just this like understanding of what's going on. So you are making, you're like kind of a hive mind. You just take that for granted. And as you get much bigger, you can either make, you know, I think the extremes are you, you just have like a founder who makes all the decisions. Everything just gets brought into them, which I think makes a lot of people feel disempowered. But on the other hand, you push decision-making completely down and you say, you all just handle it. I'll just articulate the high level vision and strategy and you,
Starting point is 01:07:17 but then you usually don't make great sort of interdisciplinary or major leaps that feel cohesive. Everything starts like, so it's this balance of having just like a constant conversation, opportunity for feedback. I still, ultimately the decision makers are the people who are close to the work. However, we are like pulling it in and articulating strategy and generating conversation. I'm in the room with more junior people a lot now than I, frankly, more now than I used to be so that we can continually bring people along on what the strategy is, what are the big leaps we're making, and what are all the little ways that we keep this cohesive.
Starting point is 01:08:00 It's interesting because in the age of the internet and the age of dating apps and all these other tools and technologies, even though we have better internet connections, the stats continue to show that we're getting lonelier and lonelier. Yeah. Which is a word you used central to your mission, the word loneliness. 52% of Americans report to feeling lonely and 57% of Americans report to eating their meals alone, et cetera. So something's clearly failing, isn't it? Something's clearly not working in this pursuit of connection and social connection and social media, et cetera. Yeah, and I think, so loneliness has been a problem that I think has been creeping up on us for a while, but it's really started to accelerate in the last few years.
Starting point is 01:08:40 And if you look at, you know, I've seen charts that show, like, time spent together in real life with friends and time spent consuming media, consuming like digital media on apps. And it's like over the last like 20 years, one is almost completely displaced the other. hours a day with friends in real life on average and make like having genuine connections, seeing and being seen. And now people are virtually almost always consuming some form of digital media or they're working. So even when you're at the gym, you're probably like listening to, you know, a like whatever, like a music or a podcast or you are. Nothing wrong with that, Justin. Nothing wrong with that.
Starting point is 01:09:31 Listen, don't get rid of mine because we're not designed to be deleted. Which is fine because you're conscious. I mean, so I'm not, you've really lost something. And I think more than anything has led to this like crisis level acceleration in loneliness. I'm so interested in the disparity between men and women in dating. We've had lots of conversations over the years from this podcast about this, but even in your app, you see a big disparity between like the bottom 50% of men or the bottom group of men on dating apps and like the top one or 2% of men on dating apps. I'm going to be completely
Starting point is 01:10:21 honest. Much of the reason why i never used dating apps is i had no success i would get like no good matches i was a 18 19 20 year old kid that had nothing was super scruffy had no money i had no chance in these apps and i had this best friend called logan who looks like he comes out of like a calvin klein ad we were both broke yeah but he could go on those apps and he would he would clean up and i look over him i think jesus christ like what's left for me i genuinely believe and people might find this quite shocking in my life i've been on five dates in my entire life my strategy is i go all in so the minute my current girlfriend said she wanted to go on a date with me i pulled up an excel document and it was a three-day like itinerary i just went all in i've only been on
Starting point is 01:11:11 five dates in my life but i but i emphasize with men that really struggle with dating apps and become disillusioned in fact when we had i think it was whitney wolf heard on from bumble um i was really surprised because those men showed up in the comment section and they felt like they've been forgotten about. So it's a big, I mean, it's a big focus for us. And we, I mean, part of this is like larger cultural forces that I think are at work, but part of it are things that we can really address, I think, within dating apps. And some people are just good at dating apps and some people I think are quite dateable, but they're just not good at dating apps. And it's, I think the question is like, how do we help really make it a much more focused quality over quantity experience?
Starting point is 01:12:03 How do we help the people that are struggling? struggling this is where i actually think a lot of the promise of of what's being unlocked through ai and generative ai is gonna like really help us coach people who aren't finding success and help them find better success and create matches that a much more like quality over quantity i mean that when we rebooted hinge we want to make it more quality over quantity. I mean that when we rebooted hinge, we want to make it more quality over quantity. And we went from a world where people used to like, it used to take a thousand swipes in order to get on a date. And then the new hinge, it took about 50 likes. So we made a big leap back then in terms of helping people get on, on good dates. I think now with AI, I think there's like a whole other leap of focus in terms of learning about you,
Starting point is 01:12:47 learning about who's out there, helping match people up in like a really nice one-to-one way. And you don't feel like you're in this like very crowded room where, you know, some, all the attractions, you know, or all the attention is going to just a certain group of people. And so I think there is a, like, I think the future is getting brighter for us to be able to solve that problem. What are the, what is that disparity? I read, and this might not be accurate. A 2021 study by Hinge found that the top 1% of men on the app received more than 16% of all of the likes, while the top 1% of women received just over 11%. This indicates a significant disparity in the level of attention men and women receive on dating apps. And similar things from Bumble. A 2022 study by Bumble found that men send an average
Starting point is 01:13:30 of 13 messages per day on the app, while women only send roughly three messages per day. This suggests that men are putting in significantly more effort to initiate conversations on dating apps. And then more broadly from that, we've had people on this podcast like Scott Galloway that talks about how the very top 10% or the top group of men are having all the sex. And basically there's this kind of like disillusioned, disenfranchised group at the bottom of men who are having no sex and aren't finding relationships and aren't having intimate connection. And it's that group of men that he says are the most dangerous of all because they're like lonely, broke, disillusioned young men. We still have work to do. So there's like a major opportunity to help those people that are struggling to find their person by helping them zero in better on the person that they like and the person who will like them back, helping them put their best foot forward and make sure that they are not shooting themselves in the
Starting point is 01:14:24 foot by like choosing the wrong photos or like putting, getting one word answered on prompts or any of those types of things. So that I think is the, the key is like, so like a big effort at, at Hinge right now internally, we're calling it flatten the power curve, but it's, it's essentially that it's like, how do you help the people who aren't getting to success? How do you level them up to get to success? And then how do you focus the people so that, um, there's not that kind of like power curve behavior on in society and on dating apps. We think we can actually correct what's going on and more largely in society through dating apps. And so I'm clear, we do that by coaching people to be better at dating apps, basically,
Starting point is 01:15:08 like picking better pitches, understanding better ways to reply. We do that by helping them match with people that are more suitable to them and that are more likely to pair. Yeah, and I think giving like better, more warm introductions so that people have more focus and more of a chance.
Starting point is 01:15:24 And you also limit like what's going on in terms of people sending too many likes or matching too much and getting them to focus on the people that they actually really want so that you don't over-engage the rest of the user base. Is there a challenge in getting people to go from the app to the real world? Cause I was, I would always be super scared of that. Yeah. I mean, there's, that's the whole point of our app and that's very much what we're pushing people towards. But yeah, I mean, the whole funnel is a challenge in terms of getting people to sign up,
Starting point is 01:15:55 getting people to create profiles, getting people to match, getting people to move from a match to conversation and conversation to date. You mentioned AI, big topic of conversation this year, of course, generative AI, and how that might be able to help people find their person.
Starting point is 01:16:11 I mean, the conversation around AI and relationships and dating has always been quite pessimistic because people are thinking about sex robots and stuff. Yeah. Yeah, that's certainly not going to be what a hinge is working on how can you use ai to you mentioned it briefly there but i want to make sure i'm clear how specifically you can give me feedback kind of like whoop does they have that they've released
Starting point is 01:16:39 their ai i think one level of it is like just thinking like, how do you make the dating app experience better? How do you help people build better profiles? How do you help coach people through the conversation process and help them move off to a date? So you can certainly like coach people, be like, hey, you should choose these types of photos or whatever. Like all that is possible with AI. What I think like the bigger leap though is to move much closer to what feels like a matchmaker model. And that I think starts to solve some of the problems that, that what you were just talking about, where it's less like you're just sitting there evaluating and that, that whole idea of like creating a profile, matching, trying to chat, trying to move it off to a date. Like when you
Starting point is 01:17:20 work with a matchmaker, you just have an interview and they learn who you are. They go out and interview other people and they say, Hey, we think you all should meet. We'll set up the date. And then after the date, I'm going to follow up to see how it went and provide some feedback. I think we can get closer and closer to that model where we're like going almost straight to setting up dates that are with a much higher likelihood of success than sort of leaving it on the user to create a personal advertisement for themselves and, you know, do all the work to sort of find through people that are going to like them, that are going to, that will like them back, et cetera.
Starting point is 01:17:56 The word company by definition means group of people. You talk about hiring in your principles quite often, and just generally in this book, principle number five here is people with heart, hire people who embody the core values. I've come to learn longer. I've been in business that hiring is really central to everything. Culture being the thing that binds those group of people together. But what have you learned about hiring and what would your message be to maybe your younger self that is 2012 when you're relaunching the new hinge? What would you say to that guy that you know now about hiring and what would your message be to maybe your younger self that is 2012 when you're relaunching the new hinge what would you say to that guy that you know now about hiring we made a whole lot of hiring mistakes in the beginning and um and it was still we sort of did
Starting point is 01:18:34 it like we did the principles which is we looked at okay who are the people who have succeeded at hinge what are their attributes who are the people who have not succeeded at hinge and like what are their attributes and then we started to just create attributes for like who, like who succeeds and who doesn't. And then we started to design an interview, which we call the culture interview, which still everyone goes through at hinge, which essentially like assesses for those attributes. And, um, that led to a dramatic increase in success, making sure that we, you know, when people came, they didn't quit or weren't fired within their first year. And now we have extraordinarily low attrition at Hinge, especially voluntary attrition. And I think it's because we focus so much on making sure we get people in who
Starting point is 01:19:18 have those values. And then once you have people in who have those values and they're all around other people who have those values, it's like a place they want to stay because it feels it, they feel so aligned with the people that they work with. And if there was, if you had to get rid of every value, but keep one when it comes to hiring a hinge person, which one would you keep? Our three core values are authenticity and courage and empathy. That's like, and they are a bit of a trifecta because one without another is like, is very imbalanced, I think. So you want people to be authentic. You don't want them to like be so authentic and so blunt that they like are rude and mean to people, right? There's that level of empathy. But I think like those two values, especially that like authenticity showing up, being who you are, saying what's on your mind and that level of
Starting point is 01:20:06 empathy is ultimately what builds trust and i think trust like within an organization is really the lifeblood of the organization and those two values i think build more trust than anything else they're like the two ingredients of a great relationship 10 years from now we sit here and we have another conversation we talk about what hinge, the impact it's had on the world. What do you tell me? I think the next level impact that we can have in terms of shaping dating culture and coaching and teaching people to become not just better daters, but like we become, it's better, better people really. And coaching people how to like have more harmonious relationships, form better relationships. Like I think there's so much opportunity to guide people on that process. And, and so the idea that 10 years from now, we like really
Starting point is 01:21:02 shaped dating culture in a way that just made everyone more successful. That I think is like the vision for where we're headed. As you know, Whoop are a sponsor of this podcast, and I'm an investor in the company. And last month, I had the chance to sit down with Kristen Holmes. She's the VP of performance at Whoop. And I learned so much from our conversation about circadian rhythms and things like sleep. Studies show that for every 45 minutes of sleep debt that you accrue, that your decision-making ability will drop by up to 10%. And when you're chronically underslept, you'll only be a fraction of the person, the fraction of the boss, partner, friend, manager that you can be. That's why I'm obsessed with Whoop, which not just tracks but coaches you on
Starting point is 01:21:45 how to get better at sleep so you can bring your best to everything that you choose to do. If you're not convinced, you can try Whoop for 30 days completely risk-free with zero commitment just by going to join.whoop.com slash CEO. That's join.whoop.com slash CEO. And let me know how you get on. If you don't like it, there's no commitment. Join.whoop.com slash CEO. We have a closing tradition on this podcast where the last guest leaves a question for the next guest not knowing who they're going to leave it for. And the question that's been left for you is, if you could go back in time and give one piece of advice to your 10 year old self what would it be oh well what comes to mind if i could have impressed on myself that like, uh, you are, I mean, impressed on myself, that idea of intrinsic worth. If I
Starting point is 01:22:52 could have like let myself know that I was worthy, no matter what, regardless of like who dumped me or who ostracized me. Um, that's what I wish in some sense, I wish I could have understood. And then the other sense it's like shaped my entire life and is the reason that I have hinge and the reason that I have Kate. So I think maybe the advice I would give is just buckle up because it's going to be a really wild ride. And it, it, uh, it, um, you know, does have a way of working out in the end. Thank you so much. Thank end. Thank you so much.
Starting point is 01:23:26 Thank you. Thank you so much. You've built a really incredible company. You've built a different business. And that's so evident in the product that is Hinge, in a market where there's a lot of people doing the same obvious thing, going for the low hanging fruit.
Starting point is 01:23:39 It was so clear to me from a very long distance that at some point, someone was being guided by first principles. Because you went an obvious route, which has turned in your favor as society has evolved. And we've got sick of surface level things and people are dissatisfied with not actually the promise of these apps not being realized, which was you told me you were going to help me find love yeah and i'm still using and swiping on this app three or four years later and feeling despair maybe even feeling worse than i did when i started but hinge took a different route and when you describe hinge to someone you say it's an app that cares more about meaning that cares more about fostering deep connections and that as you say in your own words slows things down a little bit. So you can take the time to find a much more real,
Starting point is 01:24:25 authentic, potentially successful bond than the rest of the dating market. And that's why Hinge has always been, I think, has always represented the future. Because at the end of the day, people are coming on these apps to find love. And it's clear to me, this whole designed to be deleted thing, that, and from everybody that I've met at Hinge, that that is a promise you are genuinely trying to deliver upon. Yeah, it's totally true and that idea of first principles is exactly right i think you have to just like rethink from the ground up like how would i build this and stop thinking like oh other apps do this we'll do this with this twist and that i think is what initially you don't find success during that path because everyone's like
Starting point is 01:25:04 well this is different this is weird there's no's no blueprint. Right. And, um, but over time that like the, the compound interest that comes from actually building an effective product that grows through word of mouth is, is you just, and now today hinges, you know, the fastest growing major dating app or the number one app in the UK and Australia and, and, um, quickly growing in Europe to become like a top
Starting point is 01:25:26 dating app in Europe. So it pays off eventually. You have to be very patient. I see that in great founders. You know, I saw it in the Whoop founder, these unobvious decisions that they made because they're so guided by their first principles, usually based on the founder's personal experience. And that's what I see in Hinge. So thank you for creating an app that I consider to be a really great one and a really important one. And being someone who's driven to end loneliness ultimately and bring people together
Starting point is 01:25:50 because it's never been more important than it is now. Thank you, Justin. Thank you. Quick one from one of our sponsors. A lot of you have asked me the question about Huel over the years about where Huel fits into your life. Is it the most healthy choice one can make when they're thinking about their nutrition? And here's what I would say to all of those people.
Starting point is 01:26:10 I think in an ideal world, I would be able to sit down and cook and prepare all of my meals. I think that would be my ideal option. But because of the nature of my life, because I'm moving around often, what used to happen before Huel was I'd end up making bad choices I'd end up snacking I'd have junk food options on the go because I was busy and my nutrition would come second to whatever my professional priority was what Huel allows you to do is to have a healthier option on the go that is convenient that contains a lot of the nutrients that you need to have a complete diet and And that's exactly where it fits in my life. They've now expanded the range.
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