Investors will have to await the market’s reaction to Match Group’s (MTCH) IPO Thursday. But if anyone wanted to know about the sexual exploits of the head of a key Match unit – those are now out.
Sean Rad, the CEO of Match’s high-profile mobile dating app Tinder, is interviewed in a Nov. 18 article in the online and print new service, the Evening Standard. There are few details about the company itself, but Rad goes into great detail about his own sexual accomplishments. That includes his loss of virginity at the age of 17 and the number of women he’s had sexual relations with (20). His sexual encounters include, according to the article cited in a filing from the Securities and Exchange Commission, Alexa Dell of the family connected to the Texas computing company.
Rad boasts of his allure, explaining that a “supermodel, someone really, really famous” has been “begging” to have sexual relations with him, according to the article.
The fascinating interview came to light in a Securities and Exchange Commission by Match, which is expected to sell its shares to initial investors this week. The filing states that the company’s usage statistics are incorrect in the article. “The article was not approved or condoned by, and the content of the article was not reviewed by, the Company or any of its affiliates. Mr. Rad is not a director or executive officer of the Company and was not authorized to make statements on behalf of the Company for purposes of the article,” the company’s filing states.
Match is a unit of online conglomerate IAC/InterActiveCorp. IAC/InterActiveCorp owned 100% of match and late Wednesday sold roughly 33 million shares. Following the IPO, IAC/InterActiveCorp. will retain 86.1% ownership of Match.
Companies are permitted to speak to the media ahead of an initial public offering, as dialogue is a key part of describing to potential investors if they should buy the shares. And Rad isn’t the first online tycoon to do an extensive interview around the time of an offering. Alphabet (then Google) put out a press release in 2004 just before the company’s IPO containing a Playboy interview with cofounders Sergey Brin and Larry Page.
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