Andrey Andreev offers share in the Bumble owner in order to Blackstone, Whitney Wolfe Herd now Chief executive officer regarding $3B relationships software business
Bumble, the widely used and you will successful dating and you can networking app created in the ethos of women contacting brand new shots precisely how relationships rating generated and you may created, has made a package for the majority independence of its individual, as well as maker, Whitney Wolfe Herd, is on its way from the jawhorse given that President of an even bigger dating empire.
Andrey Andreev, the newest originator regarding Badoo, the newest debatable London area-founded business one to has several matchmaking applications and try a portion of the backer and you will creator off Bumble, try attempting to sell his whole stake into the MagicLab, the firm one to owned one another Bumble and you can Badoo (and other relationships apps), so you’re able to Blackstone. He’s going to action off the business in the act, and you may Wolfe Herd, Bumble’s founder, becomes new Chief executive officer of entire providers, retaining much of the lady risk on the market along the way. (more…)