Many of the users of the Bumble app have found love, a new job, or a best friend. The founder of the app Whitney Wolfe has found a fortune with her efforts and it keeps growing.
At only 29 years old, she is estimated to be worth around $230 million while the company itself is valued at $1 billion by Forbes. While she may not be one of the richest women who are self-made right now, it’s predicted that she’ll soon join those ranks if Bumble keeps growing at the pace that it is.
Bumble’s main competition currently is Tinder which is the first swipe type dating app. Whitney Wolfe is the co-founder of Tinder but left due to sexual harassment from her Justin Mateen. Mateen is the other co-founder of Tinder and also her ex-boyfriend who was suspended from the company after his actions. She received a settlement from the company for $1 million after leaving and was shocked by the reaction from the public.
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While many people supported her actions, Whitney Wolfe watched as her personal life was ripped apart by random people on the internet that she had never met. She didn’t understand why her life was of such interest when she wasn’t a politician, just a woman trying to make it in the business world while being treated fairly. It’s possible that this reaction may have been part of what inspired her to create the female-centric world of Bumble in which women are empowered to make the decisions.
Plans to expand Bumble’s services to India were recently announced in partnership with Priyank Chopra. Women in India want to find love just like any other women around the world, but they have found that online dating in their country is saturated with pushy men. By using this interface in which women get to have the first word, and last if the conversation isn’t going well, Whitney Wolfe believes that more women in India will be open to the idea. Bumble is all about empowering women no matter where they are from and bringing their services to India would be no exception.