<aside> ☝
Disclaimer: This is an experimental format & is not investment advice. DYOR. Investing can lead to total loss of capital.
</aside>
<aside> ⚜️
InvestmentWiki - Buy. Price Target $8.5 based on scenarios (Note: Very preliminary. Scenarios need to be described + calculated better)
Description
Bumble is Moritz second largest position as of March 2026. (Around 13% of Portfolio). It’s super cheaply valued at EV/FCF below 5 and has tremendous upside potential if AI matchmaking revolutionizes dating. We believe that the Bumble management is mission driven and well positioned to lead the charge on dating in the future.
Decisions 2025-11-06: Decided against - Reduce Bumble after Q3 2025 Earnings by around 50% due to weak results
2026-02-09: Decided for - reduce Bumble again by 50%+
2026-03-11: Decided for - Buy back sold Bumble shares immediately after Q4 2025 earnings
</aside>