I increased my Bumble position today by 100% at a price of $3.82. It is now 7.11% of the portfolio, the second largest position behind Meta Platforms.
Reasons besides the cheap valuation and everything named in our Bumble overview page include further positive insights regarding CEO Whitney Wolfe Herd and the management team as well as the fact that Hinge CEO just left Hinge to work on this own startup.
More notes on the decision can be found here.
Disclaimer: As always, this is strictly for informational purposes and no investment advice. DYOR. I might change my positioning suddenly for any reason and assume no obligation to update.