Bumble - BMBL

Stock Discussions
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The founder and CEO loves the business, is only 31, and super driven-- she launched it after a spat at Tinder in 2014.
“Bumble is the second highest grossing dating app in the world according to Sensor Tower, with 12.3 million monthly active users (“MAUs”) as of September 30, 2020.” https://www.sec.gov/Archives/edgar/data/1830043/000119312521031442/d20761ds1a.htm#rom20761_1a

Tinder is no1?

This is a 10x stonk because datin likeeverything else is changing whether we like it or not. Women make the first move :+1:

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They launched the app in 2014, owns Badoo (? seen those ads on buses)

“For the years ended December 31, 2018 and 2019, we generated:”
"- Total Revenue of $360.1 million and $488.9 million, respectively, representing year-over-year growth of 35.8%; "

Thats a solid biz.

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The business is solid and I’m 100% behind it, I just don’t know when to make the investment :grimacing:

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This worries me a lot. Why is the field not level for retail investors.

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Would the current price be a good entry point for long term?

Any discussion points would be welcome.

Looks like a solid business with none of the baggage Tinder carries.

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Freetrade did a good post about the IPO process and why we can’t buy them straight away on IPO day:

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Because we’re mere retail plebs and not hedge funds

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73

Exactly. The rich get richer.

They can afford to underwrite the IPO, then they delay the us buying until we’re willing to buy at a price they want to sell.

Then they start offloading at that price. Making heaps of money in a morning.

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Tinder is part of Match group worth about 3x Bumble, and which also own Hinge, which i think is by far the best app on the market right now in terms of UI and UX and also the best app for marriage, apparently

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Hinge is designed for long term relationships in mind, I think.
Bumble is similar to Tinder as in casual, if I am not mistaken.

Completely different markets.

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Some interesting info in here, what stood out to me is the 40m monthly users, that sounds like a lot, but its similar to another dating app most ppl will never have heard of called Blued. They also have about 40m, and they’re worth well… about $600m compared to about $14bn of Bumble.

I’m still gonna buy bumble when it goes down to 60$ though, which it will

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Waiting for a dip :relieved:

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Anyone have any thoughts generally on the IPO front when the likes of Buffett & Munger suggest they would never buy an IPO? (they also go on to say that they do not get the phone call but that’s another story)

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you cant time this unless you’re a “technical analysis” candlechart pro (thats a joke). if you like it you buy it. not an investment advice

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Reminds me of that facebook IPO, good days. What a “terrible” business and I didnt pull the trigger, i just laughed at their business model back in 2012, phew …their loss!!! :laughing:

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Maybe they’ve never used Tinder (true story?)

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There’s a chart in Bumbles S-1 whichs shows bars and online are trendy, everything else is in decline. I bought some cheap call options on $BARS*

(* not a real stonk)

Update - found it

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i noticed Bumblecarries a loto f debt, related to Blackstone (the “sponsor”) buying out the guy behind Badoo https://www.sec.gov/Archives/edgar/data/1830043/000119312521009745/d20761ds1.htm#rom20761_9 (latest version https://www.sec.gov/Archives/edgar/data/1830043/000119312521031442/d20761ds1a.htm#rom20761_9)

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I don’t know a lot from a financial stand point (leave that to you smart guys :slight_smile: ) but Bumbles app, CEO and vision of the company seems like a win. I don’t think this will stop at a dating app. I believe Whitney Wolfe has big aspirations

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Your right. The difference is we don’t get to buy the IPO as such because its already happened by the time retail investors get the chance to buy in. The difference is that they could if they wanted to. They don’t because they know they would have to have to sit there working out when to sell within minutes of the IPO starting. They will buy instead at a good price and hold long term