It's official, Grindr is dead.
A 60% stake of Grindr was sold to a Chinese Gaming Company based on a $155MM valuation (so around $93MM)
Why do I say it's over? The owner is the person who has the greatest stake in a company and since Grindr just sold off 60% of it that means it's no longer owned by the person who started the company.
He's gettin' out while the gettin's good.
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