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Rumor: Benchmark May Invest in Tinder at a Valuation as High as $1B.

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Rumor: Benchmark May Invest in Tinder at a Valuation as High as $1B.

Venture capital firms have been sniffing around Tinder, the Los Angeles-based dating app, since at least last spring. But according to one Valleywag source, Benchmark's Matt Cohler may soon sign one of Silicon Valley's most coveted term sheets. (On Sand Hill Road, it seems, fast growth is forever, while sexual harassment and discrimination suits can disappear.)

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