Grindr is Going Public — What’s Behind the 2.1B Valuation?

May 10, 2022 · According to “the world’s largest social networking app for gay, bi, trans, and queer people,” Grindr’s revenue was $147 million in 2021, a 30% increase from 2020.

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Grindr Is Going Public — What’s Behind The 2.1B Valuation?

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May 10, 2022 · According to “the world’s largest social networking app for gay, bi, trans, and queer people,” Grindr’s revenue was $147 million in 2021, a 30% increase from 2020.

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Dating App Grindr Is Set To Go Public Via A De-SPAC Transaction …

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Dating app Grindr is set to go public via a De-SPAC transaction valued at $2.1 Billion. Our Opinions Practice rendered a fairness opinion to Tiga Acquisition Corp. in connection with its …

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Grindr Is Going Public — What’s Behind The $2.1 Billion Valuation?

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May 10, 2022 · According to “the world’s largest social networking app for gay, bi, trans, and queer people,” Grindr’s revenue was $147 million in 2021, a 30% increase from 2020.

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Social Network Grindr Going Public At $2.1 Bn Value

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May 10, 2022 · Social network Grindr going public at $2.1 bn value. ... Social Network Grindr Going Public At $2.1 Bn Value. By AFP News Published 05/09/22 AT 8:39 PM EDT.

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Grindr Dating App To Go Public Through Tiga SPAC At $2.

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May 9, 2022 · (Bloomberg) -- Grindr LLC, the dating app that specializes in connections for the LGBTQ+ community, has agreed to go public through a blank-check firm in a deal that values …

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Dating App Grindr To Go Public Via $2.1B SPAC Merger

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May 10, 2022 · As a public company, the social network will further its mission to bring members of the LGBTQ+ community together. ... Dating App Grindr to Go Public via $2.1B SPAC …

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Social Network Grindr Going Public At $2.1 Billion Value

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May 10, 2022 · Social network Grindr said it has hooked up with a special purpose acquisition company to become a publicly traded company valued, out of the gate, at $2.1 bill ... News. …

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Gay Dating App Grindr To Go Public In $2.1 Billion SPAC Deal

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May 9, 2022 · (Reuters) -Gay dating app Grindr said on Monday it would go public through a merger with a blank-check acquisition firm - a deal that values it at $2.1 billion and features …

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Grindr To Go Public With $2.1 Billion Valuation And Merge With Tiga

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May 10, 2022 · Grindr is Going Public According to Bloomberg, Grindr and Tiga are merging to form a combined entity with a $2.1 billion valuation, which will give the dating app access to …

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Social Network Grindr Going Public At $2.1B Value - Philstar.com

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May 10, 2022 · Los Angeles-based Grindr expected to raise $384 million when it combines with Tiga Acquisition Corp and becomes Grindr Inc.

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Social Network Grindr Going Public At $2.1 Bn Value

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May 10, 2022 · Gay dating and social networking platform Grindr says it will use some $384 million raised by going public to expand and improve its service. less than 2 min read May 10, …

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Social Network Grindr Going Public At $2.1bn Value | Business

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May 10, 2022 · Social network Grindr on Monday said it has hooked up with a special purpose acquisition company to become a publicly traded company valued, out of the gate, at $2.1 billion.

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Grindr: Gay Hook-up App To Go Public With Multi-billion

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May 10, 2022 · Grindr is set to go public in a $2.1 billion flotation after entering an agreement to merge with Tiga Acquisition Corp.. The popular LGBTQ+ dating app made the announcement …

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Social Network Grindr Going Public With A Value Of $2.1b

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May 10, 2022 · SAN FRANCISCO, United States—Social network Grindr on Monday said it has hooked up with a special purpose acquisition company to become a publicly traded company …

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Grindr Is Going Public Via SPAC At A $2.1 Billion Valuation - Yahoo …

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May 9, 2022 · Grindr said Monday it will merge with a SPAC dubbed Tiga Acquisition Corp. The deal values the LGBTQ+ dating app at a total enterprise value of $2.1 billion post transaction …

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Social Network Grindr Going Public At $2.1B Value

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May 10, 2022 · Social network Grindr on Monday said it has hooked up with a special purpose acquisition company to become a publicly traded company valued, out of the gate, at $2.1 …

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Social Network Grindr Going Public At $2.1bn Value | LGBT News

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May 10, 2022 · Published by The Bangkok Post SAN FRANCISCO: Social network Grindr on Monday said it has hooked up with a special purpose acquisition company to become a …

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Grindr To Go Public In $2.1 Billion Deal : R/stocks - Reddit

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Grindr, the #1 social network for the LGBTQ+ community, today announced that it has entered into a definitive agreement to merge with Tiga Acquisition Corp. (NYSE: TINV) (“TAC”), a …

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Geode Capital Management LLC Acquires 36,001 Shares Of Grindr …

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1 day ago · The company has a market capitalization of $3.17 billion, a PE ratio of -51.31 and a beta of 0.37. Grindr Inc. has a 1-year low of $7.93 and a 1-year high of $18.42. Grindr …

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FAQs about Grindr is Going Public — What’s Behind the 2.1B Valuation? Coupon?

How much is Grindr worth?

The combined entity will have a stock market value of $2.1 billion, including debt, Bloomberg reports. According to “the world’s largest social networking app for gay, bi, trans, and queer people,” Grindr’s revenue was $147 million in 2021, a 30% increase from 2020. It is predicting an increase of revenue growth between 35% and 40% for 2022. ...

Is Grindr ready to be a public company?

Grindr, based in West Hollywood, California, had been approached by a half-dozen SPACs prior to entering into the agreement with Tiga, Chief Financial Officer Gary Hsueh said in an interview. “From our perspective, we’re ready to be a public company,” he said. ...

Is Grindr a publicly traded dating app?

"We have a near ubiquitous global brand in the community we serve, impressive scale, best-in-class user engagement metrics and adjusted EBITDA margin, and we’re still just beginning our monetization and growth journey." Grindr will join Match (Tinder owner) and Bumble as the primary publicly traded dating apps. ...

How will Grindr perform in 2022?

For 2022, Grindr forecast sales growth of 35% to 40% compared 30% growth in 2021. The company sees adjusted EBITDA margins declining to 50% from 53% versus a year ago. A person looks at the Grindr app in the App Store on a phone in Los Angeles on March 27, 2019. ...

Does Grindr have a good story to pitch to investors?

Grindr will join Match (Tinder owner) and Bumble as the primary publicly traded dating apps. And it appears to have a solid story to pitch to investors. According to the company's investor presentation, Grindr had $147 million in sales in 2021 and $77 million in adjusted EBITDA (earnings before interest, taxes, depreciation and amortization). ...

Will Grindr merge with a SPAC?

Grindr said Monday it will merge with a SPAC dubbed Tiga Acquisition Corp. The deal values the LGBTQ+ dating app at a total enterprise value of $2.1 billion post transaction closing. The SPAC merger - which is expected to close in the second half of the year — will raise $384 million in total funds for Grindr. ...