WSJ - Oct 28 - Silicon Valley venture-capital firm Benchmark has taken an equity stake in Tinder and general partner Matt Cohler will join its board. The companies didn’t disclose the size of the stake, but Re/Code reported Benchmark didn’t invest any money. Instead, a small stake will be traded for Mr. Cohler’s time and expertise. the publication said.
Mark Brooks: This is a good sign. A major VC taking a stake in a dating app. This bodes very well.
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