Bumblethe popular and profitable dating and networking app built around the ethos of women calling the shots on how connections get made and developed, has made a deal for some independence of its own, and its founder, Whitney Wolfe Herd, is coming out of it as CEO of an even bigger dating empire. Andrey Andreev, the founder of Badoothe controversial London-based company that owns a series of dating apps and was the main backer and builder of Bumble, is selling his entire stake in MagicLab, the company that owned both Bumble and Badoo and other dating appsto Blackstone. Blackstone is world-class at maximizing the success of entrepreneur-led companies, which presents a tremendous opportunity. I will strive to lead the group with a continued values-based and mission-first focus, the same one that has been core to Bumble since I founded the company five years ago.
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Illustration: Che Saitta-Zelterman. User accounts for dating site Badoo are being traded in the digital underground, including email address, cracked passwords, names, and dates of birth. Paid subscription-based breach monitoring site 'Leaked Source' uploaded the dataset on Thursday.
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