Ithaca Holdings agrees to acquire Bumble

Ithaca Holdings has announced an agreement to acquire Bumble, the dating app company.

Ithaca says it chose Bumble from hundreds of companies because it believes AI will make connecting people more valuable. The only source for this report is a post by Dwarkesh Patel, who says he is good friends with the small team at Ithaca and calls them excellent. The report does not give the deal price, terms, or closing timeline.