Dating app Bumble is preparing for an IPO worth between $6 billion and $8 billion September 2, 2020 https://markets.businessinsider.com...ng-ipo-worth-over-6-billion-2020-9-1029555219
This madness needs to stop, I'm sick and tired of people getting filthy rich simply by going public. Yes I understand these companies want to raise money, but I think it should NOT be possible to become a billionaire simply because they own so many shares, there should be a limit. Bezos, Gates, Zuckerberg and Musk are now worth over 500 billion dollar, this is ridiculous and it's not like they pay that much in taxes. So society is hardly profiting from it.
