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Search resuls for: "George Arison"


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☆ AI is a 'huge opportunity' for us, says Grindr CEO George Arison
  + stars: | 2024-06-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI is a 'huge opportunity' for us, says Grindr CEO George ArisonGrindr CEO George Arison joins 'Money Movers' to discuss their user base, their growth prospect, the pushback they have been facing, and more.
Persons: George Arison Grindr, George Arison
☆ Grindr has a reputation for its hookup culture, but the company says a quarter of its users are there to network. The CEO says he even hired people through the app.
  + stars: | 2023-08-20 | by ( Lloyd Lee | Sebastian Cahill | ) www.businessinsider.com   time to read: +4 min
One of the first associations with Grindr, an LGBTQ+ dating app, that comes to mind for Omar Alexis is hookups. Grindr told Insider about 25% of its users reported using the app to network, despite the reputation for instant hookups associated with the company since the early years of its founding. "According to data from a survey of Grindr users, approximately 25% of our users say that one of their key activities on Grindr is to network," a company spokesperson wrote in an email to Insider. But Alexis told Insider that he felt many people didn't know exactly what to use that filter for. Alexis told Insider that he was able to find a fitness mentor and a freelance opportunity when he was on the app.
Persons: Grindr, Omar Alexis, hookups, Alexis, George Arison, Arison, I've Organizations: Morning, Wall Street Journal Locations: LA
☆ Grindr employees working from home were given 2 weeks to decide to move across the country to work in person or lose their jobs
  + stars: | 2023-08-14 | by ( Hannah Getahun | ) www.businessinsider.com   time to read: +4 min
The company's employees say Grindr could be retaliating against them for trying to form a union. The news comes two weeks after employees announced their effort to unionize under the Communications Workers of America, Grindr United. Grindr United posted Sunday that the pivot to in-person work by the company is a "bizarre coincidence." However, employees told The New York Times that the company told them to expect the transition after one or two quarters. Grindr United did not immediately respond to Insider's request for comment sent over the weekend.
Persons: it's, we're, —, George Arison, Grindr, Quinn McGee, McGee Organizations: Service, Management, Communications Workers of America, Grindr, Grindr United, Bloomberg, New York Times, Apple, Disney, Google, Twitter, Grindr United CWA Locations: Wall, Silicon, Grindr, Chicago , Los Angeles, San Francisco Bay, —
☆ 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.
☆ LGBTQ+ app Grindr goes public in SPAC deal
  + stars: | 2022-11-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLGBTQ+ app Grindr goes public in SPAC dealGrindr CEO George Arison joins 'Squawk on the Street' to discuss going public in a SPAC deal, the market expansion opportunities available to the app and the ability to grow ad profits and paid subscriptions.
☆ 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.
☆ Gay dating app Grindr names new CEO ahead of its public listing
  + stars: | 2022-09-14 | by ( Zachary Schermele | ) www.nbcnews.com   time to read: +4 min
Grindr, the popular dating app used by millions of gay, bisexual, transgender and queer people, on Tuesday named a new CEO who is scheduled to take the company public this fall with an ambitious $2.1 billion valuation. Arison will take over on Oct. 19 as Grindr prepares to go public by merging with a special purpose acquisition company. The Grindr app logo on a mobile phone screen. The current deal to take Grindr public, which is set to take place later this year, was made public in May. In addition to announcing a new CEO, Grindr also announced Tuesday that it will bring on a new chief financial officer, Vanna Krantz.
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