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Blackstone-backed dating app Bumble raises $2.2 billion in U.S. IPO

In Feb 2021, Bumble's IPO exceeded a $37-39 share price up to $45 for a total of $2.2B and market cap exceeding $7B. Should really stand to reason that a woman's perspective on a dating app was needed. In fact, the article points out Bumble's founder, Wolfe Herd, actually sued her cofounders at Tinder because of sexual harassment. She also had turned out a 2018 offer to be acquired by Match (after they tried to bully her with an infringement lawsuit). So way to hold your ground, Wolfe!

FYI, Bumble also owns Badoo.

Source article available from Reuters by Chibuike Oguh.

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