Bumble

Whitney Wolfe Herd, the 31-year old Founder of dating app, Bumble, has trailblazed her way to Wall Street in a milestone moment for her business, as well as female founders.

Her company, Bumble, is expected to begin trading on the Nasdaq from today, under the stock ticker ‘BMBL’.

In a breakthrough moment for young female leaders, Wolfe Herd’s company has signalled strong investor demand as its stock price rose on Wednesday to $43, after the firm’s value reached $7 billion.

Bumble was launched in 2014, an app not only targeting women in the dating world, but also launched and led by women. The majority of the company’s board is female, and so are its investors.

Wolfe Herd, who previously worked at another dating service, Tinder, joins a small but growing list of US companies founded by women to take their companies public, which includes Katrina Lake, founder of Stitch Fix, and Julie Wainwright, founder of The RealReal.

The CEO has taken many public stances against misogyny and body shaming, among other pertinent issues. In 2019, she and Bumble succeeded at enacting a new law in Texas that prohibits digital sexual harassment.

Featured Image:

Roman.makhmutov via Instagram

Related

Team building and bonding: Key differences and how you can get the team together

21 June 2024
by Anthea Cachia

Both activities are a great opportunity for employees and leaders to engage in conversation, unwind and have fun.

Richmond Foundation CEO says employers ‘can do much more’ to protect workers’ mental health

21 June 2024
by Fabrizio Tabone

This was highlighted during a conference by the Commission for the Rights of Persons with Disability and Richmond Foundation.

‘Nothing beats personal contact’: Majority of Malta’s CEOs favor physical meetings

21 June 2024
by Fabrizio Tabone

Technology has made it possible to communicate in different ways, yet CEOs still feel the need to have at least ...

Regional Maltese airline celebrates inaugural flights as summer schedule takes off

21 June 2024
by MaltaCEOs

The airline’s summer flight schedule will run until October 2024 with flights operating from Malta to Corfu and Palermo three ...

Close Bitnami banner
Bitnami