ABAB Pedia

Elie Seidman

Elie Seidman is an entrepreneur, investor and venture partner at Shine CapitalShine CapitalShine Capital is a U.S. early-stage venture-capital firm founded in 2020 by Mo Koyfman, with offices in New York and San Francisco. It invests at company formation, seed and Series A stages and provides follow-on capital, across areas including technology, consumer businesses and finance.Open the full entry. He co-founded Epana and Oyster and served as CEO of OkCupid and Tinder. His career spans consumer internet businesses, financial services and venture investing.

Contents14 sections
Key facts

Founding Oyster

In his founding account, Seidman traced Oyster to a 2007 Alaska trip that exposed a gap between hotel advertising and actual experience. He and his team founded the business in spring 2008, basing reviews on hotel stays, original photography and checks of facilities.⁠[1]

TripAdvisor Acquires Oyster

TripAdvisor announced its acquisition of Oyster.com, bringing it into Smarter Travel Media. Oyster continued operating in New York; financial terms were not disclosed.⁠[2]

Appointed OkCupid CEO

Named Tinder CEO

Match Group announced that Seidman would move from OkCupid to become Tinder CEO, reporting to incoming group CEO Mandy Ginsberg. The announcement specified that the management changes would take effect by January 1, 2018.⁠[4]

Introducing Safety Features

Tinder announced integration with emergency-assistance service Noonlight, along with photo verification and an in-app Safety Center. Seidman emphasized user safety as a product priority. The announcement described features and intentions, rather than evidence that risks had been eliminated.⁠[5]

Discussing Online Connection During the Pandemic

At a media roundtable, Seidman said the pandemic was accelerating a shift from matching for offline meetings toward shared online experiences. He discussed video, interactive content and features connecting users across locations.⁠[6]

Tinder Leadership Transition

Tinder announced that Jim Lanzone would take over as CEO on August 3, succeeding Seidman, who was stepping down.⁠[7]

Becoming a Shine Capital Advisor

Shine Capital reported that Seidman had served as its senior advisor since 2021.⁠[8]

Becoming a Shine Capital Venture Partner

Shine Capital announced Seidman’s appointment as a venture partner, covering investments, board work and strategic support for founders.⁠[8]

Rivet Identifies His Role

Rivet identified Seidman as an early investor and product-development advisor.⁠[9]

Education and Earlier Career

Seidman holds a BSE in engineering from the University of Pennsylvania.⁠[4]

He co-founded telecommunications and remittance business Epana and served as its CEO. Before joining OkCupid, he also held the roles of chief operating officer at BillMo and chief revenue officer at BorrowersFirst.⁠[3]

Advisory and Other Executive Roles

Cove Hill Partners lists Seidman on its external Executive Advisory Board and identifies him as a former interim CEO of FastGrowingTrees.⁠[10]

His Shine Capital biography also lists membership of Tel Aviv University’s Board of Governors.⁠[11]

Related Organizations, Websites, and Public Accounts

Shine Capital: Official website: https://www.shine.vc/ (opens in a new window).⁠[11]

Sources

  1. Welcome to Oyster Hotel Reviews (opens in a new window)
  2. TripAdvisor Acquires Oyster.com (opens in a new window)
  3. Elie Seidman Joins Match Group as Chief Executive Officer of OkCupid (opens in a new window)
  4. Match Group Announces Executive Management Appointments (opens in a new window)
  5. Tinder Introduces Safety Updates (opens in a new window)
  6. Tinder, Dating and the Coronavirus Pandemic (opens in a new window)
  7. Jim Lanzone Named Chief Executive Officer of Tinder (opens in a new window)
  8. ELIE SEIDMAN JOINS SHINE CAPITAL AS VENTURE PARTNER (opens in a new window)
  9. Rivet launches nationwide introducing a new approach to dating: Social Matching (opens in a new window)
  10. Cove Hill Partners — Team (opens in a new window)
  11. Shine Capital — Team (opens in a new window)
  12. Elie Seidman (@elieseid) — X (opens in a new window)
  13. Elie Seidman — LinkedIn (opens in a new window)