The startup, backed by Vaultier7 and Kairos, has delivered 1 million meals across the U.S. in the last year.
View More Little Spoon gets $7M for its organic baby food delivery serviceCategory: Sean Rad
Sean Rad, early Tinder employees, sue Tinder owners IAC/Match for billions
They call it selling out for a reason.
On Tuesday, ten Tinder co-founders and early employees filed a lawsuit against the dating app’s overlords, InterActiveCorp (IAC) and Match Group. The plaintiffs, who include co-founders Sean Rad, Justin Mateen, and Jonathan Badeen, allege that the corporate owners deliberately sought to manipulate the valuation of Tinder, in order to lower the pay-out price for these early employees’ stock options, and that it restructured Tinder within Match to deny them future pay-outs.
Gibson Dunn is representing the ten plaintiffs.
SEE ALSO: Tinder really, really wants you to think you’re swiping around for lasting love Read more…
More about Tinder, Lawsuits, Sean Rad, Match Group, and Tech
View More Sean Rad, early Tinder employees, sue Tinder owners IAC/Match for billionsTinder founders sue parent companies Match and IAC for at least $2B
A group of Tinder founders and executives has filed a lawsuit against parent company Match Group and its controlling shareholder IAC. The plaintiffs in the suit include Tinder co-founders Sean Rad, Justin Mateen and Jonathan Badeen — Badeen still works at Tinder, as do plaintiffs James Kim (the company’s vice president of finance) and Rosette […]
View More Tinder founders sue parent companies Match and IAC for at least $2B