Even though the sexual harassment suit against Tinder has already been settled, the IAC-owned startup is still facing fallout from the HR nightmare. Justin Mateen, the Tinder CMO who allegedly called his former coworker and girlfriend a "whore," was quickly forced to resign. Now Forbes reports that Tinder founder Sean Rad has been driven out as CEO.
Venture capital firms have been sniffing around Tinder, the Los Angeles-based dating app, since at least last spring. But according to one Valleywag source, Benchmark's Matt Cohler may soon sign one of Silicon Valley's most coveted term sheets. (On Sand Hill Road, it seems, fast growth is forever, while sexual harassment and discrimination suits can disappear.)
Tinder's sexual harassment lawsuit hasn't even gone to trial yet, but TechCrunch already thinks it's a bunch of bullshit. Earlier today, tech's favorite mouthpiece published an investigation into Whitney Wolfe's lawsuit that was highly sympathetic towards her former employer. An hour later, TechCrunch announced Tinder CEO Sean Rad would be speaking at their conference in September. Hmm.
Last fall, Sean Rad told Bloomberg Businessweek that he met his girlfriend of four months on Tinder, the same dating app where he serves as CEO. That young lady, who went unnamed, is 20-year-old Alexa Dell, the daughter of beleaguered billionaire Michael Dell. Alexa made headlines in 2012 when she turned up on Rich Kids of Instagram. Rad was 27-years-old as of September.