Sunday, March 25, 2018

No IPO for Badoo and no IPO for Bumble?

Some days ago, GDI published an article about
"Bumble Considering an Initial Public Offering, Says Wolfe Herd"

But please see this info from

BI: In 2012 you said you were unsure about an IPO. Has that changed?
AA: Badoo for me, is like a favourite child. Quite an old baby, though. Badoo is not just a standalone product. It's a massive machine, a factory of features with lots of extremely talented and dedicated people working on it.

An IPO for every company means the beginning of an end, when the structure becomes more co-operative and innovative projects are hard to pass through line managers.

Believe it or not, but after 11 years of Badoo it still feels like a startup. We are open to ideas from every single member of our team. We test, make mistakes and create new exciting products for Badoo. What's not to love? I think I'll stick to it for a little while.

  • Badoo NOT ON SALE, Founder talks at GQ magazine
  • Badoo founder does not consider Tinder a competitor
  • BI article: The reclusive CEO of dating app Badoo on his app's redesign 
Bumble clapped back at Match Group / Tinder's lawsuit with a full-page ad published in the New York Time

It is said Badoo is run by Russian Mafia in the spyware business.
Now they are in big war with Tinder (Match Group)

Match CEO Downplays Intimidation Accusations in Bumble Brawl (via Bloomberg)

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