Today, Tinder is launching a new M&A branch of the company called Swipe Ventures, which will be led by Sean Rad.
As part of the launch, Rad will step down as Tinder CEO and become Chairman of both Tinder and Swipe Ventures, with Match CEO and Chairman Greg Blatt swapping out as Tinder Chairman to become Tinder CEO. He will remain Chairman and CEO of Tinder parent company Match.
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from TechCrunch