30, Austin, Texas-based Bumble had a pro forma net loss of $28 million attributable to owners and shareholders on revenue of $413 million, according to its filings. The offering is being led by Goldman Sachs Group Inc., Citigroup Inc., Morgan Stanley and JPMorgan Chase & Co.
When did Bumble become public?
Bumble raised US$2.15 billion in an initial public offering, or IPO, late on Feb. 10, just in time for Valentines Day. Investors swooned over the women-go-first dating app, buying more shares and at a higher price than initially expected, valuing the company at $8.3 billion. But what exactly is an IPO?
Who developed Bumble?
Whitney Wolfe Herd Whitney Wolfe Herd (born July 5, 1989) is an American entrepreneur. She is the founder and CEO of Bumble, a social and dating app, launched in 2014. She was also an early executive at Tinder. Wolfe Herd was named as one of 2017s and 2018s Forbes 30 Under 30, and in 2018 she was named in the Time 100 List.