Grindr Growing From Dating App to Politics, AI

Summary

Grindr CEO George Arison discusses the company's transformation from a dating app to a broader LGBTQ platform, integrating AI (dubbed 'Gay-AI') and expanding into live events and politics. Despite a 50% share price drop following a shareholder liquidity event, Arison highlights strong 25%+ annual revenue growth and record EBITDA, expressing confidence in long-term value. The interview also covers Grindr's AI-driven productivity gains, with 80% of code now AI-generated, and the company's bipartisan advocacy on LGBTQ issues.

• Grindr revenue grew 38% in the past year; share price dropped by half due to a shareholder squeeze.
• CEO George Arison says the business has grown 25%+ annually for four years and EBITDA in 2024 exceeded 2022 revenue.
• Grindr is integrating AI across its platform, including a new premium tier and AI-powered safety tools.
• 80% of Grindr's code is now AI-generated, leading to excess engineering capacity.
• The company is expanding beyond dating into live events and political advocacy.
• Grindr's CEO emphasizes a long-term view, expecting the stock to recover as fundamentals become clearer.