By Amber Deter Is a Bumble IPO coming to the market? Rumors say it is. According to sources, the company is talking to banks about going public. And it’s hoping to raise its value beforehand.
But is Bumble stock a good investment opportunity? Here’s what we know…
Bumble IPO: The Business
Tinder co-founder Whitney Wolfe Herd founded Bumble in 2014. Bumble is a location-based dating app. Users are able to swipe on potential matches and match if both people swipe right. However, the woman must message first. The idea is to challenge social norms of heterosexual relationships and empower women. For same sex relationships, either party …read more