By Amber Deter It’s finally here: the Bumble IPO! Rumors circulated last year after investors heard the company filed confidentially. Now, those filings are public, and Bumble stock is officially coming to market in 2021.
But is Bumble a good investment opportunity? Here’s what we know…
Bumble IPO: The Business
Whitney Wolfe Herd, co-founder of dating app Tinder, founded Bumble in 2014. It’s a location-based dating app known for its main quality: women must message first. Users are able to swipe on potential matches. If both people swipe right, it’s a match. Then, the woman can start a conversation. For same sex relationships, either party can …read more
