""IAC, which owns a majority stake in the company it helped incubate..." "Tinder saw explosive growth after the Olympics, when athletes were using it heavily at Sochi. Then, it was generating 10 million matches per day." "IAC also owns popular dating services Match and OKCupid." "IAC recently bought another 10 percent of Tinder from venture capitalist Chamath Palihapitiya for $500 million, according to people with knowledge of the deal. That values the 20-month-old company with 10 million daily users at $5 billion, compared with IAC’s $5.57 billion market capitalization." #online_dating #apps #ballers #valuations #sites #IAC #subsidiaries #money #pub