Whitney Wolf Heard, founder of US dating app’Bumble’
Share price’surges’ more than 60% on the first day of listing after IPO
After IPO, Bumble’s stock price soared from day one, making Whitney Wolf Heard’s founder and CEO a billionaire. / Photo = Reuters
–
Whitney Wolf Heard (31·), founder and CEO of’bumble’, a dating application (app) that gave women the right to talk to their favorite partners first.Photo) Became a billionaire.
According to CNBC reports in the US on the 11th (local time), Bumble’s stock price soared as soon as it went public on the same day after IPO. Bumble, with a public offering price of $43, traded at $76, an 80% increase from the first day it was introduced on the NASDAQ, and ended at a closing price of $70.31.
Also, attention was paid to the wealth of CEO Hurd, who had seen the IPO effect. “The fortune of CEO Hurd has soared from £362 million (about 555 billion won) to £1.1 billion (about 1.68 trillion won),” a British media said. I said.
–
Bumble listed on the NASDAQ. / Photo = Reuters
–
Bumble, a dating app with a unique philosophy that gives priority to women, was founded in 2014 and has grown over the years. In particular, it was classified as a beneficiary of the non-face-to-face (untact) theme in the corona 19 (new coronavirus infection) phase, and was selected as a promising IPO company.
Bumble started with a problem awareness that women are likely to be exposed to anonymity in a dating app whose purpose is to meet with the opposite sex. Heard is also the co-founder of the representative dating app’Tinder’. Since then, he has created a feminist dating app that focuses on making women feel at ease, saying “the key is women.”
As such, the fact that the dating app gave women the right to attempt the first contact made a big difference. It was well received as a “female-led dating app”. Through this IPO, CEO Hurd has become a self-made female billionaire. At the same time, it also set the record for the youngest among female CEOs in US listed companies.
Reporter Kim Bong-gu, Hankyung.com [email protected]
–
Ⓒ Hankyung.com prohibits unauthorized reproduction and redistribution
–
