Data privacy and harassment could spoil Grindr’s Wall Street romance
Details
- Publish Date:
- May 22, 2022
- Author(s):
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- Irwin, Veronica
- Source:
- Protocol
- Related Person(s):
- Related Organization(s):
Summary
The concern is that Zage might want to “make a sweet deal with Grindr’s shareholders,” said Stanford Law School professor Michael Klausner. Tiga hired an independent financial firm, Duff & Phelps, and offered a financial analysis, but Klausner said that’s hardly adequate. “A banker’s fairness opinion in a SPAC is not worth the paper it is written on,” he said.
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