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Lofty Tinder Valuation Likely Off Target

  • Forbes, Monday, April 14, 2014 11:43 AM
Late last week, Web watchers nearly joked on a report that put Tinder’s valuation at about $5 billion. As Bloomberg reported, IAC recently bought 10% of the hookup app for $500 million from Social+Capital Partnership founder Chamath Palihapitiya.  Yet, as Palihapitiya later tweeted, and Sam Yagan, CEO or IAC’s Match Group, told Forbes, the $5 billion valuation is “nowhere near the truth,” and “wishful thinking.”

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