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Stock impact report

Whitney Wolfe Herd says her need for external validation stopped her from following her instincts. Now she's back as Bumble's CEO with a ‘fresh mindset': ‘I don't care if people like me' [...

Bumble Inc. - common stock (BMBL) 
Company Research Source: Fortune
– The love company. Last week, I caught up with Whitney Wolfe Herd. It was the Bumble founder's second day back on the job as CEO, 14 months after she left the role behind. While Wolfe Herd has always had a lot to say about her company and industry, she was especially candid this time around. Her company has seen better days, and she knows it. Wolfe Herd passed the CEO job to former Slack chief Lidiane Jones in late 2023, and it's been a rough go of it in the year-plus since. Bumble's stock is trading at $4.71, Gen Z has broken up with dating apps, and for users who haven't been lucky enough to find love, few are happy with their experience using the app. Wolfe Herd has started describing Bumble as a “house of love” that, though it was “built with so much love and intent,” “has started to crack over the years.” In a new interview for Fortune , she tells me about her plan to fix the app—which involves pivoting from relationships to “self-love.” She envisions a “Duolingo-esque” pro Show less Read more
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