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Tinder founder Sean Rad mentioned a lawyer for Barry Diller's agencies was being "manipulative" during testimony. Alec Tabak
More On: sean rad
Tinder’s holder lowballed app’s price even as income increased, founder states
Barry Diller denies his company duped Tinder founders of $2 billion
Tinder founder accuses Barry Diller’s firms of swindling him away from billions
Diller’s organizations try to undermine witnesses in Tinder co-founder’s $2B fit
Tinder co-founder Sean Rad had gotten warmed up with lawyers for Barry Diller’s news kingdom on Tuesday, accusing the companies he’s suing for huge amounts of misrepresenting evidence.
“I just think you’re characterizing situations in a fairly manipulative way,” stated a fiery Rad while are interrogate by expenses Carmody, a lawyer for Match cluster and IAC.
Rad made the accusation during questioning about an agreement the guy finalized with bankers from Jefferies, a good investment financial that worked with your during an integral Tinder valuation processes in 2017.
Rad promises that Tinder was actually unfairly appreciated at $3 billion because Diller partners provided “doom-and-gloom” rates with outdoors financial banks — and therefore the hookup software should’ve actually come worth at the very least $13.2 billion.