Thursday, August 31, 2023

GolfLync Inc., Looking Remarkably Like an Early-Stage Unicorn

 

  • GolfLync has tapped and fulfills a confirmed need in a strong market, like the most successful fast-growing companies that have come before it
  • GolfLync does a superior job of engaging and bringing together the expanding golf community, using intelligent technology with a user-friendly interface
  • Remarkable membership growth, a far above average conversion rate, and high social media ratings, point to a unique opportunity for investors as well as golf lovers

Usually defined as a startup that is privately owned with a valuation that exceeds $1 billion, a unicorn is the epitome of spectacular growth. Although being a unicorn doesn’t guarantee permanent success, the most famous former unicorns, such as Google (NASDAQ: GOOGL)Facebook (NASDAQ: META), and Airbnb (NASDAQ: ABNB), now have astronomical market caps, with Google’s topping out at over $1.5 trillion. Every one of them started out small, but with an idea that filled a real need, fueling rapid growth and investment. In particular, social media apps that empower the building of specialized online communities can soar on word-of-mouth alone.

GolfLync is soaring due to its unique and feature-strong ability to bring together people who love golf, a sport that is experiencing a post-pandemic revival, and a market that was already listed at $26.1 billion in 2022 (26 Glorious Golf Industry Statistics [2023]: How Big Is The Golf Industry – Zippia). The app (available as a free download on the Apple App Store and the Google Play Store) is powered by an intelligent algorithm that brings golfers together based upon a balanced range of factors, including handicap, preferred playing style, and location, along with various related interests and specifications. The app readily supports everything from matching individual partners to building large and diverse groups called “Virtual Golf Clubs”(TM). These GolfLync VGCs are becoming especially popular, and now spread around the country.

GolfLync CEO Noah DiPasquale says “It basically operates like Tinder for golfers”, while Michael Quiel, Co-Founder, summed it up: “Our commitment to providing a user-friendly and feature-rich platform has driven the exceptional growth and engagement we are witnessing.” According to the company, GolfLync has seen a 15x growth in membership in just the past 4 months. In addition, GolfLync has a social media conversion rate greater than 52%, compared to the average conversion rate of less than 33%, and has now reached the 75th percentile for user conversions as shown in the Apple Store. The GolfLync platform currently exceeds 200 ratings on the Apple App store with 5-star average.

You can download the GolfLync app using the following links:

For more information about GolfLync, visit the company’s website at www.GolfLync.com.

NOTE TO INVESTORS: The latest news and updates relating to GolfLync are available in the company’s newsroom at https://ibn.fm/GOLF

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