Whitney Wolfe Herd: A Brief Overview Including Origin Of Her Dating App
The Founder and CEO of dating app Bumble is Whitney Wolfe Herd from Austin, Texas. The app got started up in 2014. It allows the starting move to be made by women. This is the first app of it’s kind to do that. She’s been named to the list of Forbes “30 Under 30” for 2018. She also was featured on cover of the magazines of WIRED, Forbes, and Fast Company. Wolfe Herd could have gotten very lucky with the app she made. It is valued by Forbes at one billion dollars. It has given Wolfe Herd a fortune of $230 million.
Whitney Wolfe had original plans to go back to the online dating world. Rather she was keen on establishing a social space for women that took place online. She had her idea pitched to Andrey Andreev. Andreev is Russian billionaire and the establisher of Badoo, a dating app. Andreev didn’t jump at an idea like that but did really enjoy her “passion and energy”. The two had met more than twelve times previous Whitney Wolfe Herd established the Bumble idea.
Andreev made an agreement offering a beginning $10 million for about seventy nine percent of the company. He would also allow Wolfe Herd to be tapping into Badoo’s systems and software. Wolfe Herd received close to twenty percent. In the first both of Bumble in 2014 it got a total of 100,000 downloads. It’s been around for four years and has had users of more than 35 million. The dating app has been America’s fastest-increasing. Users have increased seventy percent throughout the years.
Whitney Wolfe Herd was also recently included on Imagine Entertainment’s board of directors in the position of a non-voting member. This was by Brian Grazer and Ron Howard the two chairmen. She is joining on the board Jeff Sagansky, Richard Rosenblat, Michael Lynton, and Tom Freston. That is the newest in a group of expansion advances by Imagine. Particularly, which had not that long ago expanded into the space of documentary and branding with the opening of Imagine Documentaries.