#28 Tinder’s Founder on Being a Billionaire, Tinder’s #1 Mistake, and Problems With Modern Dating

BigDeal

Codie Sanchez

Business, Investing, Entrepreneurship, Marketing

4.8 • 681 Ratings

🗓️ 8 October 2024

⏱️ 119 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode of The Big Deal Podcast, host Codie Sanchez sits down with Sean Rad, founder of Tinder, to explore his entrepreneurial journey, the evolution of Tinder, and how to build billion-dollar companies. Sean shares his insights on business challenges, the power of love and relationships, and his thoughts on today's dating culture. Tune in to hear his candid thoughts on what it takes to succeed in the fast-paced tech world, from product innovation to personal growth, and how to stay resilient in the face of failure. 0:00 - START 1:45 - Sean reflects on the early days of building Tinder 6:10 - The power of love and camaraderie in business 8:25 - Lessons learned from scaling a billion-dollar company 13:40 - Taking risks: Why resilience is key to success 17:50 - Sean’s personal journey: From public scrutiny to stepping away from Tinder 21:00 - What it takes to build a multi-billion-dollar marketplace 26:30 - How dating apps transformed social interactions 32:45 - The double-opt-in innovation that changed online dating 38:10 - Sean’s thoughts on today's dating landscape and trends 45:20 - The power of vulnerability and authenticity in relationships 50:10 - Facing personal challenges: Sean’s public battles and return to Tinder 1:00:00 - How to lead a fast-growing team through tough times 1:10:20 - The importance of curiosity and asking the right questions 1:15:00 - Navigating the complexities of modern love 1:20:30 - How Sean balances personal and professional life 1:30:15 - Conclusion: Sean’s advice to young entrepreneurs Seller Financing Course Application: contrarianthinking.biz/sfn-bigdeal Register for Bizscout: https://contrarianthinking.biz/3XYT2zr Free newsletter: https://contrarianthinking.biz/3XWLlZp Biz buying course: https://contrarianthinking.biz/3NhjGgN Resibrands: https://resibrands.com/ CT capital: https://contrarianthinking.biz/4eRyGOk Main st hold co: https://contrarianthinking.biz/3YfGa8u 🔗 MORE FROM BIGDEAL: 🎥 Youtube: https://www.youtube.com/@PodcastBigDeal 📸 Instagram: https://www.instagram.com/bigdeal.podcast/ 📽️ TikTok: https://www.tiktok.com/@big.deal.pod 🔗 MORE FROM CODIE SANCHEZ: 🎥 Youtube: https://www.youtube.com/@CodieSanchezCT 📸 Instagram: https://www.instagram.com/codiesanchez/ 📽️ TikTok: https://www.tiktok.com/@realcodiesanchez Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I'm very fortunate, very grateful for what I have and what I've achieved.
0:05.0	But at the same time, I would give up so much of it just to go back to the early days of building Tinder.
0:11.0	Because like, yeah, the energy, the love, the camaraderie, that is the greatest high.
0:17.0	And you could feel that if you're building a local coffee shop, it's all about love. It's like when you're flowing and doing something you love with people you love, there's no greater gift.
0:25.6	And I do think we do a huge disservice for telling people these days that, hey, unless you get Silicon Valley cash, unless you go VC back, unless you're on the cover of Forbes, you're not a success.
0:36.6	Huge disservice.
0:40.3	Welcome back to The Big Deal. I'm Cody Sanchez. And this podcast is for those of you
0:45.3	looking to not just get rich but free and do what it actually takes to get there.
0:48.3	Okay, today's episode, amazing.
0:50.3	Sean Rad, a guy who I've started to become real friends with, the founder of Tinder.
0:55.4	He's been off of the internet for years now. But came back on for this episode. We've been talking
1:00.9	lately about a few things that I think you're going to love. Not just how do you build a multi,
1:05.9	multi-billion dollar marketplace that forever changes dating in this country and around the world. But also,
1:13.2	how do you, as a young entrepreneur today, apply the lessons that he used to build whatever
1:19.2	you're doing? We talk also about some of the things happening in America and what his thoughts
1:25.0	are on them. I don't think he's ever shared that before. And also, we finish up talking a little bit about dating.
1:30.3	If you are looking for that special someone in your life,
1:33.3	if it's hard out there right now,
1:35.3	why not listen to a dude who has, I don't know,
1:37.3	helped 50 million-plus relationships happen across this country?
1:42.3	He is a guy who has been through real difficulty.
1:45.6	Lawsuits, public fights, getting pushed out of CEO position, then coming back in. He has lived
	...

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