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Women-Led Dating App Bumble's 31-Year-Old Founder Becomes Billionaire


Women-Led Dating App Bumble s 31-Year-Old Founder Becomes Billionaire
Women-Led Dating App Bumble s 31-Year-Old Founder Becomes Billionaire
The listing caps a saga that s both inspiration and cautionary tale for women tech founders.
Bumble s IPO launches Wolfe Herd into a rarefied club of self-made female billionaires.
A company catering to women and led by women has made its 31-year-old female founder a billionaire.
Shares of Bumble Inc., the owner of the dating app where women make the first move, soared 67% in its trading debut to $72 at 1:03 p.m. in New York, valuing Chief Executive Officer Whitney Wolfe Herd s stake at $1.5 billion.
The listing caps a saga that s both inspiration and cautionary tale for women tech founders. Wolfe Herd capitalized on an underserved market and built a multibillion-dollar company that was in a sense born from one of the most vexing obstacles to women entrepreneurs: sexual harassment. ....

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