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Benchmark's Cohler Joins Tinder Board

  • Re/code, Wednesday, October 29, 2014 12:05 PM
It’s not clear how much money is involved -- if any -- but Benchmark has taken a stake in Tinder, Kara Swisher reports. In exchange, Matt Cohler, one of the VC firm’s partners is joining Tinder’s board. “Tinder is controlled by the Match Group, which in turn is a subsidiary of online conglomerate IAC, which is, of course, run by uber-mogul Barry Diller,” Swisher notes. “Interestingly, sources said that no actual money was invested by Benchmark and IAC continues to hold a massive and controlling stake in Tinder via Match.”

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