Justin Mateen Net Worth
Justin Mateen is an internet entrepreneur born and raised in California. He is currently the Chief Marketing Officer for Tinder, one of the world’s leading online dating services. In 2014, Tinder received a valuation of $3 billion, and generated over $840 million in annual revenue. Since then, Mateen has been an investor in a number of technology-related companies.
As the founder and chief marketing officer of Tinder, Mateen helped lead the company’s marketing strategy. Initially, the app launched as a joint venture with Interactive Corp. Later, a private investment firm called JAM Fund, run by Mateen, financed Tinder. The company’s initial investors were a group of 15 limited partners who contributed $247.5 million to the startup.
When a Tinder co-founder filed a sexual harassment lawsuit against her former employer, the company responded with a settlement out of court. The suit claimed that the company’s superiors engaged in discrimination and sexual harassment. However, there were contradictory claims about what happened, as well. Some of the plaintiffs had accused their supervisors of engaging in inappropriate text messages, but IAC argued that they did nothing to prevent the incident.
After a year of investigation into the matter, Mateen was cleared of all charges, and he was reinstated to his position as CMO at Tinder. His career as a business professional is well-documented. In addition to his work at Tinder, Mateen has also held roles as an advisor for various tech startups including Home Chef, Jobr, Ponder, Rich Uncles, and Voices.
Although Mateen prefers to keep his personal life out of the media spotlight, his bio on Wikipedia indicates that he was once married to Whitney Wolfe, the first vice president of marketing at Tinder. Their relationship was sparked when Justin and Wolfe were students together at the University of Southern California. They were in their last semester before graduating. Though they parted ways in the spring of 2012, they remained good friends.
In addition to his work at Tinder, he is a venture capitalist, and has made investments in a variety of companies. One of his latest investments is a real estate development in Westwood. Another is Palihotel, a hotel in Costa Mesa. He is also an early investor in Hyperloop One and StyleSeat.
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Other notable investments include the home he purchased for $15 million in Los Angeles, and the $18 million mansion he purchased from Lori Loughlin and Mossimo Giannulli. Despite his financial successes, he has not updated his LinkedIn profile.
As a businessman, he has won the Best New Start-up Award from TechCrunch, and his company has been named the Most Creative Startup in Business by Fast Company. He was also featured on the Forbes 30 Under 30 list for his work with Tinder. With his net worth estimated at $300 million, he is an accomplished entrepreneur.
Justin Mateen was born in 1986, in Los Angeles, California. In addition to his work as an entrepreneur, he is also an investor in technology-related businesses, including Munchery, Hyperloop One, and StyleSeat.