Grindr Public Listing Can't Keep It Casual

Investors will soon be able to hook up with the world's most-popular gay-dating platform. A merger with the special-purpose acquisition company Tiga Acquisition, announced in May, values Grindr at $2.1 billion and is expected to close by the end of the year. As with any SPAC merger, historical details on the business are slim. In online dating, though, a snapshot often says all you need to know. Grindr's popularity relative to its total market size is impressive.