Courting large Match Group is going through an unsightly lovers’ quarrel. Buyers may wind up not simply heartbroken however almost broke.
Tinder co-founder Sean Rad and different early workers of the hookup app are suing Match and its former proprietor IAC/InterActiveCorp . alleging they knowingly understated Tinder’s worth to funding banks again in 2017 to devalue the inventory choices of its early workers. Tinder was and is a wholly-owned subsidiary of Match.