Former Billionaire Whitney Wolfe Herd Out As Bumble CEO Amid Stock's 80% Slide
The dating app’s cofounder Wolfe Herd, who became the youngest self-made female billionaire ever in 2021, will become Bumble’s executive chairwoman.
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The dating app’s cofounder Wolfe Herd, who became the youngest self-made female billionaire ever in 2021, will become Bumble’s executive chairwoman.
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Bumble, a Humble Dating App, Is a $13bn Tech Corporation Today: The Full Journey FOLLOW US ON: Bumble dating app is enjoying quite the spotlight after its CEO Whitney Wolfe Herd recently became the youngest self-made woman billionaire in the world. Although the app has been around since 2014, Herd took the company public in the US last week where its shares soared over 76 percent in its trading debut to $76 (approx Rs 5,500), valuing the 31-year-old at $1.5 billion who owns 11.6 percent stake. The company's own market value soared more than $13bn after listing shares. But apart from the ...
Bumble has a path to justify its IPO price, says New Constructs CEO David Trainer,. The dating app will need to sweep up market share in order to compete with