Tinder, the dating app that quickly morphed from the hook-up heavy Grindr for straight people to its own 10-million strong user base, is reportedly worth $5 billion as a company. Thats according to a report in Bloomberg, on Tinder majority owner IAC/InterActiveCorps decision to by another 10 percent of the company to the tune of $500 million. And then there was Tinders legendary popularity among athletes at the Sochi Olympics, which Business Insider notes is specifically credited with exploding the apps usage. As Bloomberg notes, the valuation means that Tinder is now worth almost as much as its majority owner, even though it hasnt contributed any revenue to IAC to date.
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