# Bumble Founder Whitney Wolfe Herd Explains Decision to Take Company Private — retained record

> Retained news record from news:the-information.

Canonical: https://highsignal.app/data/records/43f71b51f023bdcc

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source: [news](https://highsignal.app/data/news) (news:the-information)  published 2026-10-28 05:33 ingested 2026-10-29 03:00

[original source ↗](https://www.theinformation.com/articles/bumble-founder-whitney-wolfe-herd-explains-decision-take-company-private)

## retained text



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Bumble cofounder and CEO Whitney Wolfe Herd said on Tuesday a sale of her 12-year-old dating app was important for the “for the longevity of Bumble’s mission” given the way the public markets had treated the company, whose stock had dropped to near $2. Herd said she would “disassociate” watching the stock price but was newly optimistic about Bumble’s future after new tech investment firm Ithaca Holdings agreed to take the company private in a $1.3 billion deal announced earlier this month. “I felt like I was stuck under a wave for like five years,” she said at The Information’s WTF Summit, in her first interview since Bumble agreed to a sale. “But now I’m on the beach.”
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document fetched 2026-10-29 03:00 · canonical https://theinformation.com/articles/bumble-founder-whitney-wolfe-herd-explains-decision-take-company-private