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Tinder's value at the time was set at billion, unchanged from a valuation that had been done two years earlier, despite rapid growth in revenue and subscribers. The suit charges that executives with Match and IAC deliberately manipulated the data given to the banks, overestimating expenses and underestimating potential revenue growth, in order to keep the 2017 valuation artificially low. That manipulation allegedly deprived some early Tinder employees of millions, or billions, of dollars."They lied about the financial performance. They manipulated financial data, and essentially stole billions of dollars by not paying us what they contractually owe us," Rad said in an interview with CNN. "We're here to preserve our rights and to fight for what's right, for what was promised us."The suit does not offer an alternative valuation, and when asked by CNN, Rad refused to give an estimate other than to say it was "multiples" of the billion figure.The suit seeks at least billion in damages, and according to the suit the plaintiffs' options accounted for more than 20% of the company. That would suggest the plaintiffs are alleging that Tinder was undervalued by at least billion, putting its total value at about billion.But Match Group, which is publicly traded and includes Tinder along with other dating apps, has a market cap of only about .5 billion. IAC overall, which is controlled by media magnate Barry Diller and which also includes brands such as Angie's List and The Daily Beast in addition to the services that make up Match, has a market cap of about billion. The price of both stocks slumped immediately after the suit was filed.Tinder's success is driving much of that value. Last week, shares of Match shot up 17 percent in a single day and shares of IAC jumped nearly 8 percent after Match reported huge gains from Tinder. Revenue from Tinder alone was up 136 percent over the last year, coupled with an 81% increase in the number of subscribers. On an investor call about the earnings report, Match's CFO told investors it now expects Tinder to generate 0 million in revenue this year, which he called a "phenomenal achievement." The suit says that is 75 percent higher than the 2018 estimate used in the 2017 valuation. 2277
This is when the story becomes a bit complicated. Connie was cremated at the Mann's Family Funeral Home in Livonia Michigan. Hillary Gentry, the funeral home director, says a man came in and claimed he was Connie's husband and made the final arrangements. This man was not Gregory and not Connie's husband. The director said the man paid for the funeral service but never picked up the ashes. Gentry says the funeral home operated their business "on the pretense that everyone that comes in is truthful."Gregory has now hired an attorney. The mystery man, Gregory says, is a friend of Connie's. He adds that his late wife wanted to be buried next to her grandmother, not cremated. Gregory hopes by speaking out no other family will have to go through this. 757

This agreement focuses on the needs of our students, according to a statement released by Newsom, Senate President pro Tempore Toni Atkins, Assembly Speaker Anthony Rendon and other legislative and executive officials. "It increases accountability for all charter schools, allows high-quality charter schools to thrive, and ensures that the fiscal and community impacts of charter schools on school districts are carefully considered." 435
Today's harmful decision during a closed session shows that our Board of Supervisors is out of touch with the citizens of San Diego County. SB 54 is a crucial bill to protect all San Diego residents, both immigrants and citizens of all cultural backgrounds, from unwarranted interrogations, detainments and deportations. Our faith community will work tirelessly to elect true representatives who understand that we are better and stronger together. 448
Those advisers have repeatedly argued for certain country exclusions on national security grounds. The United Kingdom, for example, is the only source of a specialty steel the US uses in its submarine production. 212
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