Why Grindr’s largest shareholders want to take the company private

Grindr’s days as a public company could be numbered. Most Read from Fast Company The hookup and dating app, which went public via a special purpose acquisition company (SPAC) merger in fall 2021, announced on October 14 that its largest shareholders, Raymond Zage and James Lu—who led the company’s go-public efforts—were exploring the possibility of acquiring Grindr’s outstanding stock, which would take the company private again. The confirmation of Lu and Zage’s goal of taking the company private follow ...