Dating App Bumble Eyes $6 Billion IPO

The transcript discusses Bumble's expected valuation of 6 to 8 billion dollars as it plans to go public. It compares the traditional IPO route with SPACs, noting the increased interest in SPACs among tech companies. Bumble's success during the pandemic is highlighted, along with its market performance compared to Match Group. The transcript also covers Bumble's history, leadership under Whitney Wolfe Herd, and its acquisition by Blackstone.

What is the expected valuation range for Bumble when it goes public?

• Between 2 and 4 billion

• Between 10 and 12 billion

• Between 6 and 8 billion

• Between 1 and 3 billion

Why have dating apps like Bumble performed well during the pandemic?

• Partnerships with bars

• More people staying at home

• Increased advertising

• New app features

What is a SPAC?

• A type of dating app

• A Special Purpose Acquisition Company

• A new social media platform

• A traditional IPO method

Who is the current CEO of Bumble?

• Sheryl Sandberg

• Elon Musk

• Whitney Wolfe Herd

• Mark Zuckerberg

What was Bumble initially called before its acquisition by Blackstone?

• Social Buzz

• Date Connect

• Tech Hive

• Magic Lab