Bumble IPO 🐝: Tinder’s Biggest Competitor Files S-1 Prospectus | $BMBL Stock
Bumble IPO:
Bumble, an online dating platform in which only female users can make first contact in heterosexual matches, has confidentially filed an S-1 form with the SEC to hold its initial public offering of shares of Class A common stock of Bumble Inc.. Alex discusses the current winner take all dynamics at play in the dating platform competitive landscape. While IAC owned Tinder is the dominant dating platform, Moazed breaks down if Bumble is a viable competitor in the #2 spot and whether or not he’s bullish on $BMBL at the reported valuation of between $6 billion and $8 billion.
Read Bumble’s S-1 Filing: www.sec.gov/Archives/edgar/data/1830043/000119312521009745/d20761ds1.htm
Originally Aired: 01/22/20
#BumbleIPO #IPO #StockMarket
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Filed under: Winner Take All | Topics:
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