Tinder co-founders sue Match Group for $2 billion


Photo by Amelia Holowaty Krales / The Verge Tinder’s co-founders and several current senior executives are suing the platform’s parent company for $2 billion in damages, according to a complaint filed today. The lawsuit claims that Tinder’s owner, IAC and Match Group, robbed the employees by lowering Tinder’s valuation and taking away their stock options. The 10 plaintiffs include co-founders Sean Rad, Justin Mateen, and Jonathan Badeen, three current executives, as well as former executives and directors. According to the suit, there were written contracts between IAC and the employees for Tinder to be valued…

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