BLOOMBERG - Apr 11 - Tinder is taking off so fast that it’s now worth almost as much as IAC. IAC recently bought another 10% of Tinder from VC Chamath Palihapitiya for $500 million. That values Tinder (10m daily users) at $5 billion, compared with IAC’s $6b. Tinder has yet to contribute revenue.
Mark Brooks: Why is this good for your Internet dating company valuation? The multiple of EBITDA valuation just went infinite!
This post also appears on OnlinePersonalsWatch.