He has two brothers, who are also gay. After college, he worked in mergers and acquisitions. While he started with little money or expertise and never expected Grindr to become international, he became a multimillionaire CEO of an app with millions of users worldwide.
Who owns Grindr today?
Beijing Kunlun Tech Beijing Kunlun Tech paid $93 million for a majority stake in Grindr in 2016 and an additional $150 million in 2018 to take full ownership of the company. Its reported that your investment group paid over $600 million. Why is the company worth that much today?
What is Grindr worth?
After acquisition (2016–) In January 2016, Grindr announced that it had sold a 60% stake in the company for $93 million to a Chinese video game development firm, Kunlun Tech Co Ltd (formerly Beijing Kunlun Tech Co Ltd). In January 2018, Kunlun purchased the remainder of the company for $152 million.
What does Grindr stand for?
gay Grindr (/ˈɡraɪndər/) is a location-based social networking and online dating application for gay, bi, trans, and queer people.
Can people see your address on Grindr?
(Most Grindr users do show their faces, but not their name.) But even then, Hoang points out that continually tracking someones location can often reveal their identity based on their address or workplace.