BEAMSTART Logo

She started a dating app for women; now she's the world's youngest female billionaire

She started a competitive product to her previous company.


She started a dating app for women; now she's the world's youngest female billionaire | BEAMSTART News

- From our Sponsors -

In 2012, Whitney Wolfe Herd left Tinder after being sexually harassed.

New: Get your business featured on BEAMSTART to 250k+ businesses.

Determined to make a comeback, she started a competitive dating app called Bumble, and even sued her previous company in 2014.

Bumble would replicate Tinder's concept, but with a different twist — it was one of the first few dating apps focused on women — allowing them to make the first move once they matched with someone.

The Bumble app.

At first, many were skeptical about the app, stating that such a concept "wouldn't work" as men typically were the first to reach out in such online dating environments.

However it turned out that Wolfe was right, and Bumble was something the market needed.

Women loved it.

Bumble's new approach to matchmaking not only empowered women to make their own choices, it became more effective than many of the dating apps in the market.

The app caught on fast — becoming extremely popular among women, and gradually became a household name across the country, accumulating over 100 million users.

Founder of Bumble, Whitney Wolfe Herd.

Today, Bumble is a publicly listed company, with a market valuation of over $8.2 billion.

The company went public just slightly over a week ago, successfully raising more than $2.2 billion in funding.

Whitney Wolfe Herd has also become the youngest female billionaire in the world, at just 31-years old.

- From our Sponsors -

Latest Jobs

News Editor

British Broadcasting Corporation

Hong Kong, Hong Kong (香港)

Full Time

Salary Undisclosed

Full Stack Developer - Financing Domain

OnDemand Agility

Singapore

Full Time

SGD 4050 — SGD 4300 monthly

EA Personnel (Work Pass)

Trinity Employment

Singapore

Full Time

SGD 2000 — SGD 3500 monthly

Senior Events Manager/ Director

Thomson Reuters

Singapore , Singapore

Full Time

USD 17000 — USD 25000 monthly

Digital Marketing Intern

Undrcut Digital Marketing

Singapore

Internship

SGD 1000 — SGD 1500 monthly

Influencer Marketing Associate

Niagahoster

Yogyakarta, Indonesia

Full Time

SGD 400 — SGD 1000 monthly

English Content Writer

Hostinger

Jakarta, Indonesia

Full Time

SGD 300 — SGD 600 monthly

Fund Accountant

Decacorn Capital

Singapore

Full Time

SGD 2500 — SGD 5000 monthly

Investment Analyst

Accial Capital

Singapore

Full Time

SGD 4000 — SGD 6000 monthly

Enterprise Solution Project Manager

Hukumonline.com

Jakarta, Indonesia

Full Time

SGD 2000 — SGD 2100 monthly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest news, events, and opportunities.

 

Download the Community App

Connect with the BEAMSTART Entrepreneurship Community from the palm of your hands. Connect with CEOs/Founders, Investors, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

PlayStore ButtonAppStore Button

© 2016 - 2021 BEAMSTART. All Rights Reserved (Legal).