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Tinder founders sue parent companies Match and IAC for at least $2B

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Re: Tinder founders sue parent companies Match and IAC for at least $2B

#51

Earlier quoted context omitted.

No it was an internal startup made from Match.

Why did a dating site launch a dating app as a separate startup? What was the logic there?

To target a different demographic. Because of the stigma associated with Match.com

Re: Tinder founders sue parent companies Match and IAC for at least $2B

#52

Earlier quoted context omitted.

No it was an internal startup made from Match.

Why did a dating site launch a dating app as a separate startup? What was the logic there?

Try new things? Aware incubating as a startup is better? Maybe they had many of these. They own match, okcupid, plentyoffish and others, would have made sense to setup a bunch of app teams and let them play.

Re: Tinder founders sue parent companies Match and IAC for at least $2B

#53

Earlier quoted context omitted.

This is a fairly common tactic in responding to suits, they are endeavoring to make the plaintiff's case seem silly . This is entirely intentional. You're not their target audience.

Who is their target audience?

Haha, now I'm imagining a judge who welcomes phrases like "sour grapes" in her courtroom...

Re: Tinder founders sue parent companies Match and IAC for at least $2B

#54

If you had this obviously brilliant app idea why would you launch it as an internal project? Something about the founding story here has never added up.

There might be clauses in those Tinder founders' employment contracts with Match.com that any intellectual property that they came up with during their employment belongs to Match.com.

There's a similar plot in the Silicon Valley TV show (Piped Piper v.s. Hooli).

Re: Tinder founders sue parent companies Match and IAC for at least $2B

#55

Earlier quoted context omitted.

No it was an internal startup made from Match.

Why did a dating site launch a dating app as a separate startup? What was the logic there?

To give people different choices of platforms, in a sense, like Luxottica with glasses.

Re: Tinder founders sue parent companies Match and IAC for at least $2B

#57
post #42

Earlier quoted context omitted.

I doubt he gets re-elected, so I would put forth the assertion that being non-civil and acting like a jackass doesn't work long term. People get a good look at it and it isn't appealing when they can see it for what it is.

It got him elected to start.

1.5 years of wall-to-wall TV news coverage got him elected. Has the TV news started to cover something else? Not that I've noticed; they have to chase the ratings after all and Trump has been a godsend for them. So, yeah, Hillary will lose to him again.

Re: Tinder founders sue parent companies Match and IAC for at least $2B

#58

That is a brutal response from Match and IAC. Their statement also mentions that two separate banks were part of the valuation. I'd be curious what their proof is. A couple fun phrases from the statement: > his merry band of plaintiffs > but sour grapes alone do not a lawsuit make

Honestly, this makes me lose any respect I might have had for them - while the lawsuit seems odd, resorting to ad hominem attacks is extremely unprofessional, and especially so in a PR statement. Civility and basic courtesy is not copyrighted, use it in your public statements.

I don't know, if in fact the plaintiffs are being silly (losing lots of money can make people do silly things), I don't mind. I like when organizations are willing to call out bullshit. Whether or not it actually is bullshit is for the court to decide, but clearly match group believes it is.

Re: Tinder founders sue parent companies Match and IAC for at least $2B

#59
post #22

In 2014, former Tinder VP Whitney Wolfe, who previously had a "cofounder" title (and would later go on to found Bumble), sued IAC and Match over sexual harassment from another Tinder "cofounder" Justin Mateen, who is one of the plaintiffs in this lawsuit. (I put "cofounder" in quotation marks because it was an internal project at IAC and the history is a complicated.) Mateen was suspended and the lawsuit was settled…

Match might have to find a model besides "buy the latest popular matchmaking firm"?

Re: Tinder founders sue parent companies Match and IAC for at least $2B

#60
post #7

Random semi-tangential question: It seems that when companies/PR people/lawyers respond to lawsuits, they always use some version of this EXACT phrase: "The allegations in the complaint are meritless, and ____ intends to vigorously defend against them." Responses almost always use the word "meritless" (or "baseless") and almost always describe their forthcoming response to be "vigorous". Is there a legal reason why t…

Using the cliche allows you to make a statement that contains zero information. If you use different language people might try to read into it.
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