Match Group paid millions in stock awards that could help Tinder co-founder’s $2 billion lawsuit
Match Group, the dating app conglomerate that owns Tinder, Hinge, and more, had to pay Tinder employees $9.4 million in stock compensation this quarter because of the app’s rapid growth. That large number could have implications beyond the company’s finances: it might be consequential in the $2 billion lawsuit the company faces from Tinder co-founder Sean Rad.Rad claims Match purposely undervalued Tinder in an effort to avoid paying out billions of dollars in stock to the team&rsquo
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