Bumble is apparently planning to open up to the world in the nick of time for Valentine’s Day.
The female-centered dating application — which filled in prominence in the Tinder period by just permitting ladies to take the first action in quite a while on its foundation — has made a purported “classified” petitioning for a first sale of stock in February, as indicated by news.
That implies speculators won’t have the option to see the company’s books until about fourteen days before the date of the stock presentation. As indicated by the report, the IPO date hasn’t yet been concluded, yet it won’t be Feb. 14, as Valentine’s Day falls on an end of the week this year.
The company will probably look for a valuation between $6 billion and $8 billion, and is working with Goldman Sachs, Citigroup and Morgan Stanley, as indicated by the report.
Bumble is the most recent tech company to try to open up to the world as Silicon Valley’s top firms hope to ride the shocking recuperation in the US capital business sectors from the Covid pandemic that constrained various them to defer their introductions.
Airbnb and DoorDash both as of late opened up to the world this month, with the previous seeing its worth twofold immediately while the last is up in excess of 50% from its $102 listing price.