I tried Bumble but sadly isn’t for me. Especially when it tells me to pay to see who liked my profile.
What is everyone’s prediction Price on the IPO?
Guessing $30 myself
I tried Bumble but sadly isn’t for me. Especially when it tells me to pay to see who liked my profile.
What is everyone’s prediction Price on the IPO?
Guessing $30 myself
What would this value the company at?
I’m assuming a slight discount to the Sales multiple of Match Group ( Match has better monetised properties and much larger range across the world)
Assuming they gun out $500m sales in 2021, I would say $6-$7bn market cap.
Although wouldn’t be surprised if it doubles on opening day and ends with $15bn market cap.
The post below you has a better valuation than mine.
I would have said $100 million but no clue.
Can they survive? Match .com owns Tinder and a few other dating apps including Hinge (becoming popular these days). I could see them buying out Bumble
Founder of Bumble is also the co-founder of Tinder, she left due to some issues and disputes.
So maybe in the long term, they could merge, unlikely in the short term though.
But it’s a very large, growing market, so plenty of space for lots of players.
And each app has some unique features and ideas behind them.
TInder - meat market, you’re bascially there to get laid.
Bumble - lots more info about yourself, only women can make first move.
Hinge - again lots more info about yourself and different features.
Will the shareholders get some extra points when using the app?
Ahahahaha
Seems a little steep to me, then again I have little idea how these apps work beyond a subscription🤷