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Grindr - 2 Grindr didn't - 1 Meta - 1 It's - 1 Bud - 1 George Arison - 1 Arison - 1 unapologetically - 1
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Tiga Acquisition Corp - 2 Communication Workers of America - 1 Service - 1 Communications Workers - 1 America - 1 Bloomberg - 1 United - 1 CWA - 1

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☆ Grindr loses about half its workers after trying to make them come back to the office
  + stars: | 2023-09-09 | by ( Jyoti Mann | ) www.businessinsider.com   time to read: +3 min
The dating app told employees to start working from an office 2 days a week or lose their jobs. The Communication Workers of America union said about 80 of its 178 workers rejected the RTO order. Last month the LGBTQ+ dating app told employees to starting work in the office two days a week from October or face dismissal after August 31. A representative for Grindr told Bloomberg the union claims were without merit and that it was "returning to the office in a hybrid model in October." Google has been telling employees to show up at the office three days a week since April 2022, and Meta followed suit in June.
Persons: Grindr, Grindr didn't, Meta Organizations: Communication Workers of America, Service, Communications Workers, America, Bloomberg, United, CWA, National Labor Relations Board, Wired, Tiga Acquisition Corp, Beijing Kunlun Tech, Vicente, Meta, Google Locations: Wall, Silicon, Chicago , Los Angeles, San Francisco Bay, Beijing Kunlun, Delaware
☆ Grindr went public 7 months ago. Here's what's happened since then
  + stars: | 2023-06-23 | by ( Alex Harring | ) www.cnbc.com   time to read: +8 min
Since its Nov. 18 debut, Grindr has begun courting investors and making the necessary adjustments to be a public company, all the while making innovative plans for the future of the product. Seven months in the public marketIn the seven months since Grindr representatives rang the opening bell, CEO George Arison has shifted his focus to matters relevant to a public company, such as hiring specialists versus generalists and raising liquidity. Slightly more than 6% of shares are available for public investors to buy and sell, according to FactSet. Big names such as Vanguard, BlackRock and Charles Schwab also have small holdings, with each accounting for less than 0.2% of total shares. Grindr also recently launched a web offering, which may offer more features at an additional cost in the future.
Persons: Grindr, It's, Bud, George Arison, Arison, unapologetically, Bumble, Morgan Stanley, he's, Charles Schwab, Raymond Zage, Tiga, James Fu Bin Lu, Spencer Platt Organizations: NYSE, Tiga, Disney, Bud Light, Anheuser, Busch Inbev, JPMorgan, Wall Street, Group, West Capital Management, Prescott Investors, Vanguard, BlackRock, New York Stock Exchange, Tiga Acquisition Corp, Getty Locations: Boston, New York City
☆ Grindr shares soar in post-SPAC debut as advocates weigh progress of LGBTQ inclusion within finance world
  + stars: | 2022-11-18 | by ( Alex Harring | ) www.cnbc.com   time to read: +6 min
The group of performers, some known for appearances on the competition show "RuPaul's Drag Race," performed on a rainbow stage set in the front of the New York Stock Exchange. It was part of a celebration of LGBTQ dating app Grindr's public-markets debut following a merger with blank-check company Tiga Acquisition. The New York Stock Exchange was lined with rainbow markers and pride flags in recognition of the event. Before the opening bell, New York Stock Exchange President Lynn Martin spoke about the importance of an LGBTQ-centered company's place in the equities market. watch now'The power of the app'The excitement around Grindr's debut does not diminish the difficulties of the current bear market.
☆ Grindr Plans to Focus on Monetization, Subscription Prices After Going Public
  + stars: | 2022-11-17 | by ( Jennifer Williams-Alvarez | ) www.wsj.com   time to read: +6 min
The company will list on the New York Stock Exchange under a new name, Grindr Inc.Vanna Krantz, Grindr CFO. Ms. Krantz said she plans to review subscription prices, which currently start at $19.99 a month for paid accounts. Once the company is public, Ms. Krantz will be responsible for further building out Grindr’s finance function. Ms. Krantz said she would focus on further improvement when it comes to forecasting. The year-over-year loss was largely driven by one-time costs associated with going public, such as legal, consulting and audit fees, Ms. Krantz said.
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