BUSINESS INSIDER - Aug 27 - This month, hackers of AshleyMadison.com began to leak internal company data online, which also includes sensitive documents and the emails of CEO Noel Biderman. Included within Biderman's email correspondence is a "Management Presentation" for Grindr, created in June 2015. Accoring to the presentation, Grindr is expected to generate $38.1M this year. By the end of 2018, it predicts annual revenues ~$77M. Grindr claims that the average daily time its users spend on the app is 54 minutes daily, compared to Facebook's 42.1 minutes.
by Rob Price
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