Becker Private Equity & Business Podcast
Grindr, Hims & Hers, and the Markets Getting Crushed 4-10-25
Thu, 10 Apr 2025
In this episode, Scott Becker discusses current market volatility and argues that in tough times, vice-based businesses may be the safest bets.
Chapter 1: What are the current market trends?
This is Scott Becker with the Becker Private Equity and Business Podcast. Today's discussion is Reinder, hims and hers, and the markets getting crushed. So here's the thing, and I know this is completely immature, but when I'm so sick of watching the markets and there's so much stress and tension in it,
Chapter 2: How are Hims and Hers performing in the market?
I go back to the lowest common denominator, and I see what the stocks of HIMS and HERS are doing and what Grindr is doing, and then also the markets in general. So here's the deal. Of course, HIMS and HERS is famous for selling erectile dysfunction medicine across the internet. through telemedicine and lots of other things. They've had a hell of a run the last couple of years.
Chapter 3: What factors are contributing to the rise in erectile dysfunction medicine sales?
I guess there's, in this pressure-filled environment, there's no shortage of people that need erectile dysfunction medicine, and it pains me to talk about it. But their stock is up 90% over the last year. Grindr, of course, is the site made famous for hookups of same-sex couples.
Chapter 4: How is Grindr's performance affecting its stock?
And again, in a very stress-filled world with the market up and down and struggling, it seems like there are no shortage of people still looking to utilize sites like Grindr. We don't approve or disapprove of this message, but their stock is up 70% over the last year. So I guess at the end of the day, like anything in life,
If you bet on vices, particularly vices that aren't tariffed, you'll probably do well in the market. The third note today is the stock market itself is giving back some of its gains from yesterday. Yesterday it had a record up day. Now today it's down another 4% or so. The S&P at least at noon is down 4%. That's a disaster of a day. Again, when things are a disaster, when things are stressful,
I'm going to be very careful in my words here. We don't go to Grindr. We don't go to hims and hers, but we do go to look at what's going on with their stocks. And again, Grindr up 70% over the last year. God bless you. Hims and hers up 90% over the last year. God bless you too. Thank you for listening to the Becker Private Equity and Business Podcast. If I offended you in this podcast,
and you are the first person to text me at 773-766-5322, and you are offended, I will send you a $100 Amazon gift certificate. Amazon's also struggling to share in the stock market. I haven't looked at the exact numbers yet, but that's the deal. $100 Amazon gift certificate. If you're offended by this, and you're the first person to text me that you're offended, 773-766-5322.
Thank you for listening to the Becker Private Equity and Business Podcast.
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