Top StoriesBrief
Bumble in advanced talks to go private in one billion dollar deal
Online dating app Bumble is negotiating a deal to go private with a venture founded by former Sequoia partner Ravi Gupta at a valuation of roughly one billion dollars.
FTMQ Startups, written by our newsroom0 views
Dating app operator Bumble is in advanced talks to be taken private by a holding company recently founded by former Sequoia partner Ravi Gupta, according to The Information and the Wall Street Journal. [1][2]
The Information and the Wall Street Journal both report that the proposed buyout would value Bumble at roughly one billion dollars. This represents a steep premium compared to its recent market capitalization of around 300 million dollars. [1][2]
Bumble was founded by Whitney Wolfe Herd and launched in December 2014. It is operated by Bumble Inc., which also owns the online dating platform Badoo [5]. [5]
In short
- Bumble is in advanced talks to go private with a holding company founded by former Sequoia partner Ravi Gupta.
- The proposed deal would value Bumble at approximately one billion dollars.
- The deal valuation marks a significant premium over Bumble's prior market cap of about 300 million dollars.
Sources
Every paragraph above points to the numbered items it rests on. Read the originals here.
- [1]Bumble in Talks to Go Private With Sequoia Partner Gupta’s New VentureThe Information, 7h ago (the report this story comes from)
- [2]Exclusive | Dating-App Company Bumble in Advanced Talks to Go Private at $1 Billion ValuationWSJ, 6h ago
Background
- [3]Pat Grady on Wikipedia
- [4]Aman Gupta on Wikipedia
- [5]Bumble on Wikipedia
Our newsroom writes these reports with the help of software, from the 5 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.
More in Top Stories
- Meta launches Muse Wonder and Muse Wonder Full frontier AI models2h ago
- Hello Games brings No Mans Sky to iOS devices in October2h ago
- Epic Games shifts to AI first model for upcoming Disney shooter2h ago
- Morocco mobilizes over 70 million dollars in private startup capital2h ago
- Apple expected to reveal HomeView smart home display hub1d ago
- Microsoft chief Satya Nadella urges emergency brakes for advanced artificial intelligence2d ago
Get the day in one email
Reports like this one, the top news of the last 24 hours, every morning. Free, one email a day; readers can comment under every report.
By signing up you agree to our terms and privacy policy. Unsubscribe any time.

Comments
Loading
Join the conversation
Comments are open to readers of our daily email: the top news of the last 24 hours, every morning, free. Sign up and the comment box opens.
Already on the list? Enter the same address and we will send a sign-in link.
By signing up you agree to our terms and privacy policy. Unsubscribe any time.