Following bumble ipo ceo whitney wolfe1/22/2024 In November, well-known venture capitalist Charlie O’Donnell wrote a column rightfully lamenting the much higher standards female founders are held to. Though Wolfe Herd has been in the professional spotlight for years now, the (even more) elevated status the upcoming IPO brings could lead to more scrutiny than her male counterparts would typically endure. “Bumble was founded because we noticed two different, yet related issues in our society: antiquated gender norms, and a lack of kindness and accountability on the internet,” reads the IPO paperwork. The whole experience, including the subsequent online backlash against her, led Wolfe Herd to the idea of building an app that created a safe and positive experience for women. The suit was settled later in the year for a reported $1 million-plus. Top business executive Ann Mather, who was Pixar Studios CFO and serves on the boards of Alphabet, Airbnb and Netflix, among others, is board chair.īumble was born in 2014 after Wolfe Herd left Tinder - where she was a co-founder - and sued the company for discrimination and sexual harassment. Bumble’s filing was unique not only in that it had a woman at the helm, but also because its board of directors is majority female: Eight of the 11 directors and director nominees are women. Wolfe Herd’s woman-friendly dating app - women make the first move in opposite sex matches - made its IPO filing public last Friday. And, at 31, she is also one of the youngest. Bumble CEO Whitney Wolfe Herd is set to join the teeny-tiny percentage of female founders in history - around 20 - who have taken their companies public.
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