A company catering to women and led by women has made its 31-year-old female founder CEO Whitney Wolfe, a billionaire.
Shares of Bumble Inc., the owner of the dating app where women make the first move, soared 67% in its trading debut to $72 at 1:03 p.m. in New York, valuing Chief Executive Officer Whitney Wolfe Herd’s stake at $1.5 billion.
Bumble is a social network that allows you to feel empowered while you make those connections, whether you’re dating, looking for friends, or growing your professional network.
Wolfe Herd found Bumble, a Texas based company in 2014 following her departure from Tinder.
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