Grindr Appoints Veteran Public Company CFO and Audit Committee Chair Chad Cohen to Board of Directors
Appointment Announcement: Chad Cohen has been appointed to Grindr's Board of Directors and will serve as the Chair of the Audit Committee starting June 3, 2025. He brings extensive experience from previous roles at Zillow Group and Adaptive Biotechnologies, among others.
Grindr's Mission and Impact: Grindr, with over 14.5 million active users, aims to support the LGBTQ+ community globally through its platform and initiatives like Grindr for Equality, which focuses on advancing human rights and safety for LGBTQ+ individuals.
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- Stock Market Trends: Stock futures were declining on Monday as investors expressed concerns about the sustainability of a recent relief rally.
- Investor Sentiment: There is a prevailing uncertainty among investors regarding the market's ability to maintain upward momentum following last week's gains.
- Antitrust Lawsuit Background: Compass alleges that Zillow employs 'anticompetitive tactics' to ban listings not posted to local MLS within 24 hours, affecting 1,202 listings, of which 1,137 belong to Compass, indicating Zillow's market control.
- Policy Enforcement: Under Zillow's Listing Access Standards (LAS), the company removed 48 listings in 2025, with 43 being from Compass, directly impacting Compass's market engagement and brand value, leading to reluctance among agents and home sellers to collaborate with Compass.
- Judge's Ruling Impact: U.S. District Judge Jeanette Vargas denied Compass's request to temporarily block Zillow's policy, stating that Zillow's policies do not preclude meaningful new entrants, and despite Zillow's potential 50%-66% market share, Compass failed to provide sufficient evidence of Zillow's monopoly power.
- Market Reaction: Following the judge's ruling, Zillow's shares rose nearly 4% in midday trading on Friday, while Compass's stock showed weakness, reflecting increased market confidence in Zillow and a bearish sentiment towards Compass.
- Legal Proceedings Update: Compass's request to temporarily block a portion of Zillow's listing ban policy was denied by US District Judge Jeannette Vargas, indicating challenges in its legal fight against the antitrust lawsuit.
- Market Competition Strategy: Compass aims to build a private listings network that encourages sellers to market properties through its agents before posting them on public platforms, a strategy designed to enhance its competitive position and reduce reliance on Zillow.
- Antitrust Lawsuit Context: In June 2025, Compass sued Zillow, alleging that it and its allies are illegally steering all US home listings to Zillow's platform to protect its monopoly and profit from each listing, highlighting fierce competition within the industry.
- Zillow's Market Position: Despite Compass's failed request, Zillow can continue to block certain listings while the antitrust lawsuit proceeds, indicating that its dominant market position remains intact, which may exert ongoing pressure on Compass's business.

- Credit Agreement: ZILLOW GROUP INC has entered into a credit agreement providing a $500 million revolving facility.
- Purpose of Facility: The facility is intended for general corporate purposes, including potential acquisitions and other financial needs.

Zillow Group Inc. Enters Credit Agreement: Zillow Group has entered into a credit agreement with Goldman Sachs, indicating a strategic financial move to support its operations.
SEC Filing: The details of this credit agreement have been filed with the Securities and Exchange Commission (SEC), ensuring compliance with regulatory requirements.
- Campaign Launch: Zillow is set to debut its national campaign “Someday Starts Today” on February 1, aimed at supporting home buyers, renters, and future movers, reflecting the company's focus on consumer emotions in housing decisions.
- Advertising Strategy: The campaign will feature 30-second and 15-second ads during the Grammy Awards broadcast on linear TV and Paramount+, designed to resonate emotionally with viewers and enhance brand recognition.
- Market Adaptability: In response to economic uncertainty and affordability challenges, Zillow redefines the significance of browsing and planning in the home journey, encouraging users to view these actions as proactive signals of intent.
- Long-term Brand Strategy: This campaign will anchor Zillow's brand presence throughout 2026, with planned extensions into cultural moments across music, sports, and gaming, showcasing Zillow's understanding of brand leadership that prioritizes consumer emotional needs over mere transactions.






