Bumble has lost roughly 90% of its value since 2021. Now Ithaca is taking it private for $1.3B and betting AI, better matching, and a product reset can revive the dating app. @bumble#bumble #ai #dating#mergersandacquisitions #bendingspoons
love the @bumble thesis from Ithaca and take private is the right move. Will track - curious to see how well they execute the AI push. The premium they are paying suggests they are certainly confident