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are were
well, if they are really a 10 year old business ... ofc anyone can say anything and good businesses have been known to become not-so-good to failures too.
Blackstone takes majority stake in 'Bumble' parent, values firm at about $3 billion


>>>(Reuters) - Blackstone Group Inc (BX.N) is taking a majority stake in MagicLab, the parent company of dating app “Bumble” and “Badoo”, valuing the company at about $3 billion, the private equity firm said in a statement on Friday.
... Shares of Match Group, which also owns dating platforms OkCupid and PlentyOfFish, were down 2.5%.<<<

I am not too enthused about dating -- too many big legitimate players ... But look at THAT *EVALUATION* $3 Billion!
 
There is book value of a company and market value of the traded shares outstanding.
Then there is speculative value based on *something*
 
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