Pitch meeting:
Dating apps are incentivized to drag out the dating process as much as possible. That's because almost of all of them get paid via a recurring fee. If their users find a long term match, then they stop using the site, and the dating app developer loses money.
Therefore, to align incentives, dating apps should require users to pay their monthly fees into an escrow account with a 10 year time limit. If the user gets married / finds a partner within 10 years, then the escrow amount is released to the dating company. If the user doesn't find a date within 10 years, then the escrow is automatically dispersed to a randomly selected charity selected from a list both user and company agree to when the user signs up.
That way, user and company incentives are aligned. The dating app is incentivized to find a partner for the user as quickly as possible (so they get the money). The user is incentivized to find a partner as quickly as possible, so they don't have to pay into the escrow account any more.
Users are not incentivized to lie because they lose the money either way--it either goes to the dating app company or the charity.
Dating apps are incentivized to drag out the dating process as much as possible. That's because almost of all of them get paid via a recurring fee. If their users find a long term match, then they stop using the site, and the dating app developer loses money.
Therefore, to align incentives, dating apps should require users to pay their monthly fees into an escrow account with a 10 year time limit. If the user gets married / finds a partner within 10 years, then the escrow amount is released to the dating company. If the user doesn't find a date within 10 years, then the escrow is automatically dispersed to a randomly selected charity selected from a list both user and company agree to when the user signs up.
That way, user and company incentives are aligned. The dating app is incentivized to find a partner for the user as quickly as possible (so they get the money). The user is incentivized to find a partner as quickly as possible, so they don't have to pay into the escrow account any more.
Users are not incentivized to lie because they lose the money either way--it either goes to the dating app company or the charity.