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COINTURK FINANCE > Business > Startups Use Swipe Interfaces to Find Business Partners
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Startups Use Swipe Interfaces to Find Business Partners

Overview

  • The use of swipe interfaces in business networking is gaining traction.

  • Platforms like CoffeeSpace aim to make finding partners easier for entrepreneurs.

  • Past attempts like Shapr highlight challenges in sustaining user engagement.

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COINTURK FINANCE 11 months ago
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The search for business partners is undergoing a transformation with the introduction of swipe-based apps reminiscent of dating platforms. Just as dating apps have simplified finding romantic partners, new tech solutions are emerging to make finding co-founders and collaborators more accessible. One such platform, CoffeeSpace, inspired by the dating app Hinge, aims to bring together like-minded entrepreneurs. The concept taps into a familiar format, making the process of finding a business partner more intuitive and less daunting for startup founders.

Contents
Why Are Dating App Models Popular in Business Networking?What Are the Challenges in Professional Networking Apps?

In the past, professional networking apps such as Shapr attempted to replicate the success of dating apps in the business world. Shapr, which used a similar swipe mechanism to connect professionals, was founded in 2015 but was eventually shut down following its acquisition by talent management company Lincoln in 2023. This highlights the challenges that such platforms have faced in sustaining user interest and engagement over time. Despite these setbacks, the current trend suggests a renewed interest and potential for success in this niche market.

Why Are Dating App Models Popular in Business Networking?

The appeal of dating app models lies in their familiarity and effectiveness, as evidenced by research from PYMNTS Intelligence. Over half of Generation Z and millennials reportedly use dating apps daily, indicating a cultural shift toward using technology for personal connections. This behavior has likely influenced the adoption of similar platforms in the professional sphere, where users seek convenient ways to establish meaningful business relationships.

What Are the Challenges in Professional Networking Apps?

The integration of dating app mechanics into professional networking is not without challenges. While platforms like Bumble’s Bumble Bizz offer networking opportunities through a swipe interface, it remains unclear how successful these ventures are within their broader business models. The lack of detailed performance discussions since Bumble’s IPO suggests that these features might not be significant revenue drivers. This uncertainty underscores the difficulty of translating casual social interactions into professional contexts where stakes and expectations differ.

The broader dating app industry continues to thrive, particularly during periods such as the “cuffing season.” Tinder reports increased user engagement from New Year’s Day to Valentine’s Day, with substantial increases in messages, likes, and profile uploads. This pattern reflects a seasonal demand for personal connection, which might also influence professional networking trends.

The current trend of using dating app-like interfaces in business networking reflects an ongoing quest to forge genuine connections in the entrepreneurial world. Platforms like CoffeeSpace are banking on the idea that forming business partnerships can be as personalized and engaging as finding a romantic match. However, the varied success of previous attempts such as Shapr indicates that while there is potential, sustaining user engagement remains a challenge. As technology continues to evolve, so too does the approach to professional collaboration, with swipe-based models offering a fresh take on an age-old need for partnership.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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