BX · News · 20260911N
Affiliate Share Disposition
Blackstone Inc. · 2026-09-11 · Importance 34 · Surprise 42
Blackstone is reportedly finalizing its exit from Bumble, the dating-app company, after reducing its exposure through stock sales and dividend issuances. The investment generated a reported 98% internal rate of return despite Bumble’s stock falling 96% since its IPO. The disposition monetizes Blackstone’s remaining Bumble position while the company faces declining paying users and potential private-equity takeover interest.
Key facts
- Private equity firm Blackstone Inc. is reportedly finalizing its exit from dating app Bumble Inc. source
- Blackstone is cashing out of its position in Bumble as it finalizes its exit, even as Bumble has faced a decline in paying users. source
- Blackstone achieved a 98% internal rate of return by strategically reducing its exposure through stock sales and dividend issuances before the major stock decline. source