Dating app Bumble is preparing for an IPO worth between $6 billion and $8 billion

Discussion in 'other software & services' started by mood, Sep 3, 2020.

  1. mood

    mood Updates Team

    Joined:
    Oct 27, 2012
    Posts:
    36,403
    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
     
  2. Rasheed187

    Rasheed187 Registered Member

    Joined:
    Jul 10, 2004
    Posts:
    13,612
    Location:
    The Netherlands
    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. :thumbd:
     
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