We all know about Tinder but what about the founder of Tinder? Tinder is an online dating and geosocial networking application. Do you know anything about Tinder’s founder? Not to worry, in this post, I will reveal the name of the founder of Tinder and tell you everything.
Who Is The Founder Of Tinder?
The founder of Tinder is Sean Rad who is an American entrepreneur. Rad is also a founding board member of Good Today, a non-profit organization that promotes daily support to various charities.
About The Founder Of Tinder
Sean Rad was born on 22 May 1986 in Los Angeles, California to an Iranian Jewish family. His parents immigrated from Iran in the 1970s and he has a large family of 12 aunts and uncles and 42 cousins. Rad attended private school, and during high school, he formed a band and worked as an entertainment manager. At the age of 18, he enrolled at the University of Southern California in 2004.
The founder of Tinder married his longtime partner Lizzie Grover in 2018 in a ceremony at their Montecito home. Sean and Grover-Rad are art collectors and were inducted into Cultured Young Collectors 2020, recognizing their art collection as a disruptive place.
He launched his first company, Orgoo, in 2004, an integrated messaging and video communications platform. Rad took advantage of the University of Southern California’s network of computer science students to help build the Orgoo technology.
He founded Ad.ly, a celebrity endorsement platform that connected celebrities with brands in 2009. Rad joined startup incubator Hatch Labs in 2012 to create a next-generation, app-based, customer loyalty rewards program in Cardiff. Rad and his team officially launched Tinder in September 2012.
Previous Tinder dating apps were designed for mobile interfaces and used photo-centric profiles that were easily navigated with intuitive swiping movements. Sean has been in the service as CEO of Tinder from 2012 to March 2015 and again from August 2015 to December 2016.
Rad left Tinder in 2017 over an RSU valuation dispute, and in 2018 he filed a $2 billion lawsuit against Tinder’s parent company, IAC. Rad and Claire Schmidt co-founded AllVoices in 2018. AllVoices is an app that allows employees to report harassment, ethics, compliance, and other workplace-related issues directly to a company’s board.
The founder of Tinder’s net worth is more than $3 billion approximately in 2022. Tinder is estimated to be worth $5 billion in 2022 and is among the top-class dating apps.
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Who Is The CEO Of Tinder?
Renate Nyborg (Sep 27, 2021–)
Tinder / CEO
Renate Nyborg, CEO, Tinder on Centre Stage, during day three of Collision 2022 at Enercare Centre in Toronto, Canada on June 23, 2022. The letter accompanied the dating app giant’s earnings for the three months ending in June, which sent Match Group stock down 20% on Wednesday
Who Owned Tinder?
Match Group, Inc.
Match Group, Inc. is an American internet and technology company headquartered in Dallas, Texas. It owns and operates the largest global portfolio of popular online dating services including Tinder, Match.com, Meetic, OkCupid, Hinge, PlentyOfFish,UPWARD, Ship, and OurTime, totalling over 45 global dating companies.
How Did Tinder Make Money When It Was Free?
Tinder Plus (Freemium model)
Though launched as a fully free application in 2013, tinder changed its operating model in 2015 to a freemium business model where it started charging for some features like unlimited swipes, location change, etc.
How Does Tinder Get Paid?
The vast majority of Tinder’s revenue comes from in-app purchases for Tinder Gold and Tinder Plus, which offer additional features to make using the app more convenient. It also makes money through advertising.
How Much Did Tinder Sell For?
Jamel Toppin/The Forbes Collection; Barry Diller, the billionaire founder and chairman of media and technology conglomerate IAC, has cut ties to one time dating app darling Tinder. He sold off his entire stake in the dating app’s owner Match Group for $1.9 billion, Diller’s family office told Forbes.
Sean Rad was acknowledged by Fast Company as one of the most creative people in the business community. Sean currently resides in Los Angeles, California with their golden retriever, Minnie. Sean is the founder of Tinder and Bumble’s founder name is Whitney Wolfe Herd.