REUTERS: Bumble Inc Chief Executive Officer Whitney Wolfe Herd's stake in the women-centric dating app operator was worth nearly US$2 billion, as shares rallied for a second straight day after a blockbuster debut on Thursday.
With the blockbuster IPO, Wolfe Herd, 31, became the youngest female CEO to ever take a company public as she rang the opening bell from Bumble's Austin-based offices with her one-year-old son by her side. Bumble users are more likely to pay for premium offerings to have a deeper level of connection or a different approach to connection, said Wolfe Herd, listing offering incognito mode as a popular feature for people to browse others' profile while being anonymous.Wolfe Herd, who graduated with a degree in International Studies from the Southern Methodist University's Dedman College of Humanities and Sciences, launched the Bumble app in 2014.
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