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Started By
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Bumble's bzzzz is wearing off
Posted on 11/6/23 at 6:26 pm
Posted on 11/6/23 at 6:26 pm
quote:
Bumble founder (BMBL.O) Whitney Wolfe Herd will step down as CEO of the dating apps operator and hand over the role to seasoned executive Lidiane Jones, knocking its shares down 10% to a record on Monday.
quote:
This is the second big executive departure this year at Bumble following the exit of President Tariq Shaukat, who stepped down after three years in the role
quote:
"Bumble has failed to execute on its vision of becoming a broader women's platform for beyond dating use cases like friendship and professional networking. How the new CEO manages these non-core use cases is a key question," analysts at Jefferies said.
quote:
Bumble raised more than $2 billion in its initial public offering in February 2021, building on the momentum for internet-based dating services amid pandemic-led movement curbs.
The stock value has, however, slipped four-fifths since then as those tailwinds waned.
Reuters
quote:
Unlike most dating apps, only female users can make the first contact with matched male users, while in same-sex matches either person can send a message first
quote:
The survey found that a majority of college students are not on dating apps. 79% of respondents told Axios and Generation Lab that they do not use dating apps or use them less than once a month. The most commonly used dating app for students is Tinder, with 12% of college students using it at least once a month. Bumble and Hinge were in second place, with 8% of students using one of the apps at least monthly.
Business Insider
No word yet on the OT's favorite dating app, Grindr, and their reported earnings.
This post was edited on 11/6/23 at 6:28 pm
28
Posted on 11/6/23 at 6:28 pm to Will Cover
Figured college kids would’ve used it far more than 8%. Getting strange at the bar isn’t hard though so makes sense 
Posted on 11/6/23 at 6:29 pm to Will Cover
quote:
The stock value has, however, slipped four-fifths since then as those tailwinds waned.
Was it that hard to write 80%?
Posted on 11/6/23 at 6:31 pm to Will Cover
quote:Owlie is over in the lunch Thray, just ask him
No word yet on the OT's favorite dating app, Grind
Posted on 11/6/23 at 6:33 pm to Will Cover
E-harmony board
Posted on 11/6/23 at 6:33 pm to Will Cover
quote:
Unlike most dating apps, only female users can make the first contact with matched male users, while in same-sex matches either person can send a message first
Surprised the app isn’t more popular with guys.
Seems like having a woman pick you is better than all guys competing for unicorns.
If after a month you’re only catching low grade women, that’s useful information.
Posted on 11/6/23 at 6:34 pm to Azazello
quote:
Was it that hard to write 80%?
They wrote the article for women to understand.
Posted on 11/6/23 at 6:59 pm to Will Cover
quote:
Bumble has failed to execute on its vision of becoming a broader women's platform for beyond dating use cases like friendship and professional networking.
This made me laugh.
Imagine not understanding your consumers and your product.
Posted on 11/6/23 at 7:01 pm to Philzilla2k
quote:chicks love dic pics
Bumble has failed to execute on its vision of becoming a broader women's platform for beyond dating use cases like friendship and professional networking.
This made me laugh.
Imagine not understanding your consumers and your product.
Posted on 11/6/23 at 7:04 pm to Will Cover
quote:
Whitney Wolfe Herd
quote:
President Tariq Shaukat
Posted on 11/6/23 at 7:04 pm to OWLFAN86
Ah, super saint beat me to it.
This post was edited on 11/6/23 at 7:06 pm
Posted on 11/6/23 at 7:07 pm to SuperSaint
quote:Rummy cant ban me there and its driving him kerrazzy
Owlie is over in the lunch Thray, just ask him
Posted on 11/6/23 at 7:33 pm to Will Cover
I pity the moron who invested in a bumble ipo.
Posted on 11/6/23 at 7:49 pm to Willie Stroker
quote:
after a month you’re only catching low grade women,
I used it for the first time while traveling recently.
The only "high grade" women are obvious fakes. Why would they need an app anyway?
Bumble is 90% single moms who love carbohydrates.
Posted on 11/6/23 at 7:51 pm to Will Cover
quote:
Unlike most dating apps, only female users can make the first contact with matched male users, while in same-sex matches either person can send a message first
Posted on 11/6/23 at 7:51 pm to Will Cover
When you sign up you get a few likes and maybe a couple matches and then you go ice cold for weeks or months and get frustrated and delete it. App sucks, it has so much potential but there is something off about it. Or maybe I’m just ugly… but I have had a lot more success on other apps.
Posted on 11/6/23 at 7:52 pm to Will Cover
Bumble raising $2 billion was a clear sign we were due for a recession.
Posted on 11/6/23 at 7:52 pm to Will Cover
Anyone who's tried bumble or tinder can clearly see. There's nothing but a bunch of fatties covered in tattoos or single moms. People that have expired.
Posted on 11/6/23 at 7:53 pm to Willie Stroker
You have to match, the high grade women aren’t even seeing your profile
This post was edited on 11/7/23 at 10:57 am
Posted on 11/6/23 at 8:07 pm to Will Cover
I have friends with kids in late high school early college. It's the fricking wild West out there these days. Date swapping. Countless pics being shared. Just a general sense of depravity amongst that set right now.
Apparently their behavior would make any of us blush. Like, even compared to late 90's early 2000 college days.
Apparently their behavior would make any of us blush. Like, even compared to late 90's early 2000 college days.
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