Professional
Added to YB: 2025-09-11
Pitch date: 2025-09-09
GRND [bearish]
Grindr Inc.
+14.65%
current return
Author Info
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Company Info
Grindr Inc. operates a social networking and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities worldwide.
Market Cap
$2.2B
Pitch Price
$15.56
Price Target
N/A
Dividend
N/A
EV/EBITDA
19.70
P/E
-39.53
EV/Sales
6.13
Sector
Interactive Media and Services
Category
N/A
Grindr Inc. (NYSE: GRND): Undisclosed SEC Investigation, Revolting User Base, Vanishing Moat, Inflated Metrics, and Selling Insiders Highlight Deep Risks
GRND short: SEC investigating inflated APU metrics (double-counting users); 80% engineering exodus from RTO mandate left platform broken; downloads -12% while competitors surge (Scruff +47%); insiders dumped $236M stock, pledged 59% as collateral risking margin calls; monetization destroying network effect moat.
Read full article (4 min)