Absolutely not. If you're looking for a partner in real life, you're working with a small, finite "dating pool" and you calibrate your expectations reasonably. In your office, there might be twenty women you like, five of them may be interested in you. Both sides go through a straightforward process to make up their minds, and that's it. Stuff like the 80% / 20% theory ultimately doesn't matter, because in that small cohort with no gender imbalances, almost every person naturally finds a mate - just not always their first pick.
In contrast, in online dating, you don't have an estimate of the dating pool, and it appears essentially infinite. This encourages two behaviors. First, you're spending very little time on individual profiles, often just swiping left or right in a matter of seconds - so individual decisions are made with much less fidelity. Second, it makes it really hard for both sides to calibrate expectations and to stop looking when they find a match that's good enough. If your date seems to like model trains a bit too much or needs to lose 20 pounds, there is a temptation to keep looking instead of trying to work with that.
In the end, if you go through thousands of profiles, then (a) the results probably won't be any better than with a smaller pool (see: the secretary problem); (b) you will be a lot more miserable for much longer; and (c) the purported "80% / 20%" split actually starts to matter a lot.