{"id":176846,"date":"2021-02-12T17:20:37","date_gmt":"2021-02-12T14:20:37","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bumble-ceo-whitney-wolfe-herd-is-a-billionaire-after-ipo\/"},"modified":"2021-02-12T17:20:37","modified_gmt":"2021-02-12T14:20:37","slug":"bumble-ceo-whitney-wolfe-herd-is-a-billionaire-after-ipo","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bumble-ceo-whitney-wolfe-herd-is-a-billionaire-after-ipo\/","title":{"rendered":"#Bumble CEO Whitney Wolfe Herd is a billionaire after IPO"},"content":{"rendered":"

“#Bumble CEO Whitney Wolfe Herd is a billionaire after IPO<\/strong>”<\/p>\n

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Bumble CEO Whitney Wolfe Herd joined the tech industry\u2019s growing billionaire class after her dating app<\/a>\u2019s explosive initial public offering.<\/p>\n

Bumble\u2019s stock price surged 63 percent to $70.31 on the firm\u2019s market debut Thursday, making it the latest tech darling to soar on its first day of trading.<\/p>\n

Wolfe Herd, who founded Bumble in 2014, owns about 21.5 million shares in the company that were worth more than $1.5 billion at Thursday\u2019s closing price.<\/p>\n

The value of her roughly 12 percent stake made Wolfe Herd, 31, the world\u2019s youngest self-made woman billionaire, according to Forbes<\/a>. Her fortune could grow further on Friday \u2014\u00a0Bumble shares rose about 4.7 percent to $73.60 in premarket trading as of 8:56 a.m.<\/p>\n

Bumble \u2014 whose largest shareholder is the private-equity firm Blackstone \u2014 closed its first trading day well above the $43-a-share price it had set for the $2.2 billion IPO.<\/p>\n

\"Bumble
Bumble founder Whitney Wolfe Herd holds a 12 percent stake in the company.<\/figcaption>
Getty Images for Fast Company<\/span><\/figcaption><\/figure>\n

The Austin-based company is the latest in a string of big-name tech firms to capitalize on a hot IPO market. Vacation-rental giant Airbnb saw its stock price more than double in its December debut after DoorDash shares jumped as much as 92 percent on their first day of trading.<\/p>\n

Wolfe Herd started Bumble after parting ways with Tinder, which she co-founded and eventually sued for sexual harassment. Tinder denied any wrongdoing and the case was later settled, according to Forbes.<\/p>\n

\"Whitney
Wolfe Herd is the world\u2019s youngest self-made woman billionaire, according to Forbes.<\/figcaption>
GC Images<\/span><\/figcaption><\/figure>\n

Like Tinder, Bumble is free to use but makes money through premium subscriptions and in-app purchases. The app\u2019s defining feature is that only women can initiate chats with male mates. (If you\u2019re looking for a same-sex match, either person can reach out first.)<\/p>\n

Bumble\u2019s market value of $7.7 billion makes it far smaller than Tinder owner Match Group, which is worth about $46 billion.\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Bumble CEO Whitney Wolfe Herd is a billionaire after IPO” Bumble CEO Whitney Wolfe Herd joined the tech industry\u2019s growing billionaire class after her dating app\u2019s explosive initial public offering. Bumble\u2019s stock price surged 63 percent to $70.31 on the firm\u2019s market debut Thursday, making it the latest tech darling to soar on its first…<\/p>\n","protected":false},"author":1,"featured_media":176847,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/02\/bumble-27.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[92929,70971,87108,93031],"class_list":["post-176846","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-2-12-21","tag-billionaires","tag-bumble","tag-whitney-wolfe"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/176846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=176846"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/176846\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/176847"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=176846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=176846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=176846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}