Capital raising agencies happen sniffing around Tinder, the Los Angeles-based relationship software, since at least last springtime. But per one Valleywag supply, standard’s Matt Cohler may shortly signal among Silicon area’s most coveted term sheets. (On sand-hill Road, this indicates, fast increases is actually forever, while intimate harassment and discrimination meets can go away completely.)
Every Fucked Up Book through the Tinder Sex Harassment Lawsuit
A appropriate offensive against Tinder, everybody’s best new iphone promiscuity simulator
All of our supply said standard is actually near respected a $50 million to $75 million financial investment circular in Tinder, whose bulk stakeholder try IAC, Barry Diller’s get bag of digital companies. The investments game will value Tinder, a 22-month-old application, somewhere within $750 million and $1 billion, said the source. Tinder’s possession happens to be a tangle of conflicting narratives. The purpose of this package, based on the supply, is spin Tinder out of Diller’s corporate palace and revalue the application like just a venture capitalist can. Continue reading