Bumble Inc, the Bumble dating application owner is worth 21 billion USD, according to my estimates.
This compares to Bumble's current market capitalisation of approximately 7.7 billion USD.
I think Bumble is undervalued, because dating is where the next social media explosion will take place.
Bumble has chosen the women niche, because when a match candidate is shown between a male and a female, only the female can make the first move. A classical niche strategy.
Bumble seems to also have capable management in place and Bumble's technology is excellent.
And social media is still the future, despite the recently falling revenues and troubles at Meta, Snap Inc. and Pinterest.
And dating, which will most certainly be forever popular is the next vertical where social media will grow into.
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