Rick Marini, an operator and investor with a background in M&A, and Jeff Bonforte, a seasoned leader in product and engineering, share their incredible journey of acquiring Grindr for $600M and flipping it for $2B in just two years. They discuss the unique challenges they faced, including cultural stigma affecting buyer interest. The pair reveal their key strategies for turning the company around, such as overhauling talent, prioritizing community trust, and innovative growth tactics, while also diving into investment themes like AI and crypto.
