A few days ago, Bumble filed the Form S-1 to complete their IPO filing announcement. The dating app.'s plan is to go public on NYSE, in first quarter 2021. Bumble had its initial release, in December 2014. It is an app. that is available to download on Android, and Apple iOS. The company was founded by Whitney Wolfe Herd. She founded the company, after she left Tinder. Tinder is a dating app. that she co-founded as well. Next, Bumble acts a location-based social application that facilitates communication between interested male and females. In Bumble app., the female gender is the one that makes the first move. Bumble is available in sixteen different languages (English; Chinese; Hindi; French; etc.), on a global scale. Bumble's has over 100 million users, since its inception. The company is valued at $4 billion. Austin, TX is the corporate headquarters of Bumble. In contrast, Doordash has become one of the fastest on-demand prepared food delivery service companies in the world. This company was founded by four Stanford students, and it is a technology company with headquarters in San Francisco, CA. Tony Xu, Stanley Tang, Andy Fang and Evan Moore founded the company in July 2013. Doordash is trying to go public in December 2020. The company is valued at an astonishing $16 billion, according to Crunchbase Inc. The company has an adjusted EBITDA positivity and improving gross margins. In addition, EBITDA is Earnings Before Interest; Taxes; Depreciation; and Amortization in full form. Doordash reported operating cash flow of $315 million during the first three quarters of 2020, acoording to TechCrunch. DoorDash’s path is to achieve GAAP profits, in the next 6 to 12 months. GAAP is generally accepted accounting principles in full form. Doordash will list its shares on the New York Stock Exchange, under the symbol DASH as reported by CNBC. DoorDash has around $1.6 billion in cash on hand, heading into the final six weeks of 2020. In this penultimate paragraph, Airbnb expects to list its shares on the Nasdaq market under the ticker symbol of ABNB. Their company's valuation is close to $30 billion. Morgan Stanley and Goldman Sachs are the two main underwriters on this IPO, listed in Airbnb's company prospectus. The company is a home-rental firm; with its headquarters in San Francisco, CA. The company was founded in 2008, by Brian Chesky and two other colleagues. The company has more than 6,000 employees; and Airbnb stands for AirBedandBreakfast. In closing, the company's online home rental listings are available in more than 50 languages. Airbnb acts as a broker, by receiving commissions from each real estate booking. The company does not own any of its real estate listings, and it does not host events. Their goal is to go public in December 2020, or January 2021 according to Kiplinger Inc. Last, all three of these companies will be a good stock purchase for any investor. Enjoy the IPO roadmap photo above. Happy stock picking!
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