Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Tinder’s Co-founders Are Suing Former Parent Company Iac For $2B
Venture Capital

Tinder’s Co-founders Are Suing Former Parent Company Iac For $2B

by recode.net posted 1year ago 55 views
Co-founder Sean Rad says IAC purposefully deflated Tinder’s valuation in order to avoid paying him. Tinder co-founder Sean Rad’s saga with former parent company IAC has started a new chapter. Rad and some of Tinder’s other co-founders and employees filed a lawsuit Tuesday against IAC that claims, among many other things, that Tinder’s holding company purposefully undervalued the dating service so that IAC wouldn’t be on the hook to pay those co-founders, who combined own more than 20 percent of Tinder, as much money for their shares.