Sweat Equity: Benchmark Takes Stake in Tinder in Exchange for Matt Cohler Joining Board

By Kara Swisher

In an unusual investment configuration, Silicon Valley venture firm Benchmark has taken an equity take in popular mobile dating app Tinder, in exchange for one of its partners, Matt Cohler, joining the board.

The Los Angeles-based Tinder is controlled by the Match Group, which in turn is a subsidiary of …read more

Source:: Recode

Loading