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Display All posting options for: Tinder co-founders sue Match team for $2 billion
Shot by Amelia Holowaty Krales / The Limit
Tinder’s co-founders and several recent elder executives is suing the platform’s elder team for $2 billion in problems, as stated in a criticism recorded nowadays. The claim says that Tinder’s manager, IAC and Match party, robbed employees by minimizing Tinder’s value and removing their own investment.
The 10 plaintiffs consist of co-founders Sean Rad, Justin Mateen, and Jonathan Badeen, three existing executives, as well as previous managers and directors.
According to research by the accommodate, there was prepared deals between IAC and workers for Tinder getting valued on times in 2017, 2018, 2020, and 2021 the moment they would-be due to the possibility to exercising stock options. (mehr …)