With a higher IPO valuation, is Bumble aiming for Match.com’s revenue multiple?
https://techcrunch.com/2021/02/08/with-a-higher-ipo-valuation-is-bumble-aiming-for-match-coms-revenue-multiple/
The IPO frenzy is not letting up, Bumble informed the world this morning.
Per a new SEC filing, the dating company raised its target IPO price range, indicating that its previous attempt to quantify its per-share value was an undershoot. This means we’ll need to calculate a host of new valuations and revenue multiples for the company.