3 Things About Bumble That Smart Investors Know
Over the past several years, Bumble (NASDAQ: BMBL) carved out a niche in the online dating market with its namesake app, which let women make the first move. Bumble was founded by Whitney Wolfe Herd, who co-founded Tinder but was stripped of her title after an acrimonious split with the company. Wolfe Herd sued her former employer for sexual harassment in 2014, settled that case for an undisclosed sum, and founded Bumble that same year.