It's the hottest dating/casual encounter app on the market. It's addictive. It has almost one billion views per day. And it currently has no monetization.
I'm talking about Tinder and if you haven't heard of it before, take note.
Tinder is part of a portfolio of companies owned by InterActive Corp (IACI), which is essentially a holding company for internet and media brands. As such, investors become owners of the entire portfolio when they hook up with Tinder.
I wrote briefly about IAC when I added it to my Roth IRA a couple weeks ago. Because shares have since fallen, I wanted to dig deeper and decide whether to add to my investment or cut losses, hence this...
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