Match Group, which owns Tinder and Match.com, were trading as much as 16 percent in early trading Thursday.
Sean Rad is a skilled entrepreneur and visionary, but he has proven too often he isn't right for a larger, high-profile role.
The off-color comments come just days before the Match Group, Tinder's parent company, plans to raise a reported $466 million in its IPO.
The company run by founder Jack Dorsey will debut Thursday on the New York Stock Exchange.
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Match Group expects to go public before Thanksgiving with shares priced between $12 and $14.
The company was valued at $6 billion after its last funding round a year ago.
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Match Group's portfolio of dating companies include Match, Tinder, PlentyOfFish, OKCupid and HowAboutWe.
The electronics payments company plans to list on the New York Stock Exchange under the ticker symbol 'SQ.'
Uber reached an important milestone in valuation three years before Facebook.
Twitter shows that you might have a great product and platform, but you still need to manage it right.
Take It From The Pros
Going public often gets a bad rap for its complexity and challenges, but the process doesn't have to be difficult.
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© 2017 Entrepreneur Media, Inc.