Tinder's EBITDA
Emailed on November 8th, 2019 in The Friday Forward
Maybe you just Googled what EBITDA was, maybe you already knew, either way here's a surprising example of a company with monster EBITDA:
Tinder.
Analysts are now predicting Tinder will do around $2B in revenue and $900M in EBITDA in 2021.
"ok boomer" in PE narrative form: Tinder has quickly become one of the most successful consumer internet businesses ever with massive, growing margins, and was incubated by an incumbent (IAC, owner of Match Group, started "Hatch Labs," where Tinder was born).
