bumblebee CEO Whitney Wolfe Herd wants to build a truly timeless company.
“You can never disturb the need for people to connect. And the other thing you can never bother with is the women’s need to feel respected and equal, and to feel safe and empowered in these connections. And these are really the two things we strive for as a group, “said Wolfe Herd on stage at TechCrunch Disrupt 2020.” We firmly believe that without her there would be no planet earth as long as there are women on planet earth – We believe we will be in business. “
The executive’s statement highlighted a broader point she made about Bumble̵
“We don’t sit there comparing ourselves to others in the room, and frankly, we don’t just see the dating space as our competition,” Wolfe Herd told TechCrunch. “We really believe our [lifetime value] The opportunity is so exponential and we can serve our audiences in so many ingrained ways that go beyond dating. “
Wolfe Herd had a busy year. In late 2019, the Bumble founder took control of a wider range of dating apps from founding partner Andrey Andreev. Wolfe Herd now not only runs the Bumble app, but is also responsible for the dating apps Badoo, Lumen and Chappy. The dating app empire was last valued at $ 3 billion following Andreev’s sale of shares in Blackstone.
Earlier this month, Bloomberg reported that the company was targeting a debut in public markets in 2021 and a valuation north of $ 6 billion. In July, Fast Company reported that Bumble now has 100 million users.
Wolfe Herd had to grapple with leading a larger team by 2020 and a pandemic that made the logistics of dating significantly difficult, complicated user habits and prompted the team to make new updates to meet changing consumer demands.
Despite all the changes, the app has found new possibilities, according to Wolfe Herd.
“Given the increased demand for connectivity and the opportunity to meet new people, coupled with this almost secondary pandemic that means loneliness, we are very well positioned to be an incredibly long-lived company during this time,” says Wolfe Herd.