20VC: Tinder Founder Sean Rad on Lessons Scaling Tinder to the Fastest Growing Consumer Social App in History | Leadership Lessons Scaling Tinder | The Future of Love, Dating and Social Media | The Secret to Your Relationship with Money and Marriage
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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
1h 4m
2 speakers
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Product market fit isn't one moment in time. Product market fit is a constant iterative process. When I was there, we had a rule that every year we had to redesign the entire product because we didn't want people to get bored and stagnant and we didn't want to become complacent as a team. Every lesson we learned, the lesson was always focus. Focus on your mission. Focus on what you're good at. Stop trying to be something you're not. Every company needs to continuously fucking relearn that.
This is 20VC with me, Harry Stebbings, and what a show we have in store for you today. Sean Radd, founder of Tinder, the man who has facilitated more love than anyone else in human history. Did you know Tinder has made, check this out, over 50 billion, 50 billion matches. Truly insane. Sean is also the founder of Radd Ventures, which has made over 100 investments in both companies and funds. This was such a fun show to do. We recorded one eight years ago or so and so this was very special to do again and you can find the video of the interview on youtube at 20 vc but before we dive in when a promising startup files for an ipo or a venture capital firm loses its marquee partner being the first to know gives you an advantage and time to plan your strategic response
Chances are the information reported it first. The information is the trusted source for that important first look at actionable news across technology and finance, driving decisions with breaking stories, proprietary data tools and a spotlight on industry trends. With a subscription, you will join an elite community that includes leaders from the top VC firms, CEOs from Fortune 500 companies and esteemed banking and investment professionals. In addition to must-read journalism in your inbox every day, you'll engage with fellow leaders in their active discussions or in person at exclusive events. Learn more and access a special offer for 20VC's listeners at www.theinformation.com slash deals slash 20VC. And speaking of incredible products that allows your team to do more, we need to talk about SecureFrame. SecureFrame provides incredible levels of trust to your customers through automation.
SecureFrame empowers businesses to build trust with customers by simplifying information security and compliance through AI and automation. Thousands of fast-growing businesses, including NASDAQ, AngelList, Doodle, and Coda, trust SecureFrame to expedite their compliance journey for global security and privacy standards such as SOC 2, ISO 2701, and more. HIPAA, GDPR, and more. Backed by top-tier investors and corporations such as Google, Kleiner Perkins, the company is among the Forbes list of top 100 startup employers for 2023 and Business Insider's list of the 34 most promising AI startups of 2023. Learn more today at secureframe.com. It really is a must. And finally, a company is nothing without its people, and so I want to talk about Cooley, the global law firm built around startups and venture capital. Since forming the first venture fund in Silicon Valley, Cooley has formed more venture capital funds than any other law firm in the world, with 60 plus years working with VCs.
They help VCs form and manage funds, make investments, and handle the myriad issues that arise through a fund's lifetime. We use them at 20 VC and have loved working with their teams in the US, London and Asia over the last few years. So to learn more about the number one most active law firm representing VC-backed companies going public, head over to cooley.com and also cooleygo.com, Cooley's award-winning free legal resource for entrepreneurs. You have now arrived at your destination. Sean, I am so excited for this, dude. I've been looking forward to this one for a while. So thank you so much for joining me today, man. My pleasure. Happy to be here. Dude, it's been so long. I want to start with a bit of a kind of tougher one. You tie your identity to your company as a founder, and suddenly it's no longer part of you. How did you deal with that detachment from identity when no longer CEO of Tinder? Yeah.
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