Blackstone To Buy Russian Billionaire’s Bumble Stake After Forbes Investigation Into His Companies

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Private equity firm Blackstone Group to buy Russian billionaire's, Andrey Andreev, majority stake in owner of dating apps Bumble, Badoo and others by AngelAuYeung

into the work culture at Badoo’s London headquarters. Thirteen former employees described a work environment that was toxic and misogynistic. Afterpublished the article, Andreev and MagicLab announced they would launch an internal investigation into the London office.

Wolfe Herd met Andreev in 2013 while she was an executive at dating app Tinder. Shortly after, she left Tinder and sued her ex-boss and ex-boyfriend Justin Mateen for sexual harassment. The suit was confidentially settled for an estimated $1 million. She launched Bumble with funding and support from Andreev, at the end of 2014.

 

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