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SMU alumna Whitney Wolfe Herd makes history as the youngest female CEO to take a company public

Dallas News

Originally Posted: Feb. 11, 2021

A company catering to women and led by women has made its 31-year-old female founder a billionaire.

Bumble Inc., the owner of the dating app where women make the first move, sold shares in its upcoming trading debut at $43, valuing chief executive officer Whitney Wolfe Herd’s stake at more than $900 million and lifting her overall fortune above $1 billion.

The listing caps a saga that’s both inspiration and cautionary tale for women tech founders. Wolfe Herd, a graduate of Southern Methodist University, capitalized on an underserved market and built a multibillion-dollar company that was in a sense born from one of the most vexing obstacles to women entrepreneurs: sexual harassment. READ MORE