A lot of grumbling has been making itself felt behind the scenes over Grindr's ownership, anyway, growing louder in the past year since it was revealed that some of their data was de-anonymized by hostile actors and used to go after a Grindr customer who, as a Roman Catholic priest and senior Church leader in Washington DC, was being rather naughty to use the app in the first place.
Even before that episode crystalized sentiment, the idea that Grindr could go public without significant LGBTQ representation on the board was probably always going to be a non-starter. As ubiquitous as the app is, significant competition does exist, and the company can't afford to needlessly alienate its user base.
But as necessary as the move probably was, if it helps show other corporations that expanding LGBTQ representation in the boardroom is an easy and painless process, then fantastic.