Businesswoman, entrepreneur, Founder

Forbes Reveals Whitney Wolfe Herd’s Bumble is Worth $1 Billion

Forbes published Madeline Berg’s article titled “Bumble’s Whitney Wolfe Herd Swiped Right to a $230 Million Fortune”. The article reveals the $1 billion dollar app recently provided the founder with a fortune of $230 million. Though Wolfe Herd didn’t make the list for their “America’s Richest Self-Made Women”, the magazine believes the CEO will make the list soon if Bumble continues to grow at the same rate.

One of the biggest competitors Bumble deals with is Tinder. Wolfe Herd was one of the co-founders of Tinder and worked as the VP of Marketing. However, she left in 2014 after filing a sexual harassment lawsuit against her former boyfriend and co-founder Justin Mateen. It was revealed that he was later suspended from the company and Wolfe Herd settled the case for $1 million. View Whitney Wolfe’s profile on linkedin.

Though she didn’t want to continue in the dating sphere, a fellow dating app enthusiast, Andrey Andreev, convinced her to stick to what she knew. The founder of the dating app Badoo and Russian billionaire provided the startup funding of $10 million, obtaining 79% of the company. Wolfe Herd was also allowed to use the systems and software of Badoo. Using her talents in marketing and her idea to make a dating app centered on women’s experience, Whitney Wolfe Herd created Bumble.

In the first month, the dating app gained nearly 100,000 subscribers and in three short years, it spans the globe with more than 35 million users. The unique selling position of the company was the women first mindset, where the women make the initial contact, empowering women.

The company has also recently released expansions to the app that allows people to meet new friends and conduct business networking. The company continues to grow quickly, growing nearly 70% each year. It brought nearly $100 million in revenue in 2017.

WWD also featured Whitney Wolfe Herd in the article “Whitney Wolfe Herd Joins Imagine’s Board” discussing the recent venture between Wolfe Herd and Imagine Entertainment. She joined the company as a member of the board, acting as a non-voting member. Imagine Entertainment creates original programming, TV and feature films.

Visit: https://techcrunch.com/2018/06/06/bumble-ceo-whitney-wolfe-herd-is-coming-to-disrupt-sf/

 

entrepreneur, investor, israel, real estate developer

Adam Milstein: Real Estate Investment

 

Adam Milstein is a real estate entrepreneur and investor. He is also a philanthropist and a community leader. He is a graduate from Techunion, where he completed his degree in 1978. An Israeli by birth, Milstein served in the Yom Kippur War in IDF. He only came to the United States in 1981.

 

 

When he got to the United States, Adam Milstein pursued and earned his MBA from the University of South Carolina. In 1983, his career kicked off with a job in the commercial real estate sector. He went on to become the managing Partner at a private real estate firm known as Hager Pacific Properties.

 

 

Career in Real Estate Investment: How it all started

 

 

When asked about how he started his career in real estate, Milstein attributes his life experiences after graduating to his success. When he was still in USC, a group of recruiters visited the school. As a student pursuing his higher education, he did not see why he should settle for a job that paid less what the undergraduate students were asking for at the time. He therefore made the decision to venture out on his own. He decided to try his hand at offering brokerage services before he started his own business. That is how he began his own real estate investment practice.

 

 

Philanthropic Interests

 

 

Apart from his career in real estate investment, he is also the National Chairperson and co-founder of the Israeli-American Council. He is also a member of several Boards of organizations that promote community development and similar interests. For instance, he sits as a director of the Sifriyat Pijama B’America, a community-based organization whose sole purpose is to provide free books that teach Jewish values to over 15 000 Jewish families in the country. The books are circulated monthly.

 

 

Milstein is a believer in bringing ideas into reality. He also believes that in order to have something done well, the best person to do it is you. According to him, the real estate sector has its challenges but it is also an exciting area for anyone to venture into.

http://www.jpost.com/Author/Adam-Milstein

https://www.crunchbase.com/person/adam-milstein#/entity