Wolfe of Wall Street: Dating application CEO has become a billionaire after IPO
Bumble вЂ” the dating application that promotes itself as empowering females and maintaining them safe вЂ” has finally ended its embarrassing relationship by having a controversial billionaire that is russian.
Andrey Andreev вЂ” A london-based technology tycoon that has been accused of presiding over a sleazy workplace tradition at Bumble’s sister dating app Badoo вЂ” announced Friday he has got offered their bulk stake into the apps’ parent business MagicLab to Blackstone Group in a deal that values it at $3 billion.
Bumble’s creator Whitney Wolfe Herd, whom famously left hookup app Tinder after accusing a male colleague of intercourse harassment, established Bumble in 2014 with features to give ladies more control of conversations with dating leads also to have them from being stalked and harassed.
During the time that is same but, Wolfe Herd offered a managing stake to Andreev, whom apparently tolerated an office tradition at MagicLab’s UK-based hookup software Badoo, where females were regularly objectified, in accordance with a Forbes report earlier in the day this current year.