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Like in online dating on line, a Bloomberg report from past these days that place the valuation of popular matchmaking software Tinder at $5 billion got a touch too good to become real.

Well, alot, by a factor of 10, in accordance with numerous resources near the circumstance. (Bloomberg enjoys significantly fixed the earliest inaccurate article, that I can no longer backlink to.)

When you look at the actual purchase, which took place rapidly several weeks in the past, popular Silicon area trader Chamath Palihapitiya offered their 11 percent risk in Tinder to IAC approximately $55 million.