Bumble CEO Whitney Wolfe Harassed By Match Group Over Baseless Allegations

The competition between dating apps has always been fierce. Most of the top dating apps have been seen to fight against each other regarding services offered, but recently Match Group has taken the fight to an ugly turn.

Match Group has filed a lawsuit against female-friendly dating app Bumble claiming that Bumble creator has copied the design from one of the subsidiaries, Tinder. It also claims that the executives of Bumble have stolen some of the trade secrets. Bumble has responded quite strongly and has already shown that they are up for a fight in court by taking out a page advertisement on newspaper in a blog form letter to Match Group.

In the ad, Bumble creator Whitney Wolfe has written that the lawsuit was a scare tactic by the Match Group to take over the company. Match Group had tried to purchase Bumble last year and had offered $450 million to the creator, but Whitney Wolfe wanted to grow the company further, so she declined. The lawsuit is a way to scare the creator of Bumble into selling it before they lose money to the lawsuit. But, Whitney Wolfe has made it clear that she would respond to the baseless allegations in court and that they were ready as they have done nothing wrong.

Read more: Bumble CEO: I Don’t Think About Tinder

Bumble was created by Whitney Wolfe after she left Tinder over position abuse by another co-creator. Even though she was one of the early creators of Tinder, she was forced to leave the company without a penny. She then filed a lawsuit against Tinder and won. It was then that she launched Bumble and within a few months, it rose and started to give fierce competition to Tinder. Match Group that owns Tinder had been trying to buy it since then. But, all its efforts are in vain. Just a couple of months back, Match Group had again attempted to purchase Bumble showing that they were still interested. The lawsuit just seems to be a scare tactic as Bumble has been around for over four years and they never had any patent issue before.

Whitney Wolfe, the CEO of Bumble, had set the dating app Bumble entirely different from other dating apps. The company takes the safety of its users quite seriously. Even before the #metoo movement became famous, the company has been banning people who harass other users on its platform. The company pride itself in being a company that not just offer an online messaging dating service but also takes responsibility for its user’s behavior.


Sahm Adrangi

Kerrisdale Capital Management’s founder and Chief Investment Officer, Sahm Adrangi has been a part of all areas of the firms activities since 2009 when it was founded. Sahm Adrangi launched the company with a little less than $1 million dollars and as of July 2017 Kerrisdale is managing $150 million.

Sahm Adrangi is known for his concise and public research, he lets others in on his firms findings about stocks, such as the “under-followed longs” and “over-hyped shorts” as well as other misunderstood concepts regarding the market. Kerrisdale gives others much needed information on the web site regarding third party investments and other investment tips.

Sahm Adrangi is famous for outing deceptive Chinese organizations, such as the China Marine Food Group, China-Biotics, Lihua International as well as several others during the years of 2010 and 2011. Many of Adrangi’s subjects of investigation were turned over to the Securities and Exchange Commission for the imposition of sanctions by them.

Sahm Adrangi’s career began in the credit industry. Adrangi was responsible for executing high-bearing, controlled loan investments that were due to Deutsche Bank; as well as advising committees on bankruptcy and other “out-of-court” circumstances, and more information click here.

Mr. Sahm Adrangi has a Bachelor’s of Arts in Economics from Yale University. Preceding his bank investing years, he was involved with a multi-billion dollar hedge fund, Longacre Management. Among the long list of Adrangi’s achievements includes speaking at a variety of conferences, such as the Sohn Conference, the Value Investing Conference, the Distressed Debt Investing Conference the Activist Investor Conference, and the Traders 4 a Cause conference. He has made appearances on CNBC and Bloomberg networks with informational interviews as well as playing a part in certain published works in the Wall Street Journal and the New York Times, the Washington Post, Businessweek, and several other well known financial and business publications, and https://www.facebook.com/sahm99.

The Social Life of George Soros

Who is George Soros? That is the question that rings in peoples mind when they see that name. According to Forbes, George Soros is the top ranking person in Katonah, New York where he stays. Different from other citizens in New York, George is a self-made wealthy man who got his money from hedge funds.

With a self-made score of ten, George was ranked number 29 regarding richness. In fact, he is number 19 billionaires in U.S. Being the highest paid hedge fund official; he is also rate number 19 in the Forbes 400. Those are some of the best stats that George holds and read full article.

Regarding family matters, George is a happily married man. He is one of those people who have many children. With his five kids, George is a happy man who has enjoyed life for the last 87 years and learn more about George.

His career started in Hungary where he was born. After studying economics, he left the London School of Economics and started working as a waiter and porter in the U.S. railway. From there, merchant bank took him, and that was his starting point in the broad field of finance. After working for some time, he changed his location and moved to New York. In each place he lived, life was different, and he did things differently and follow his Twitter.

After moving to New York, the thing got different, and he joined Wall Street. This was a good starting point that enabled him to raise 12million which he used to start Hedge Fund which was later renamed, Quantum Fund. George and his partner Stan Druckenmiller are said to be the first people who made the biggest profits in 1992. They are the only individuals who are said to have broken the bank of England. Currently, he owns asserts worth millions of money and George’s lacrosse camp.

George Soros is an active person in the field of politics. He was the leading supporter of Democratic politics. In the most recent move in politics, he was the main donor of Hillary Clinton. Through her involvement with George, Hillary Clinton got $24.9 million funding from him.

With his old age, George was then ready to attend a Democratic convention and watch his 25 years friend accept her presidential nomination. According to sources, he was unable to attend the meeting due to his business commitments in Europe. Much of his money has been used in political lines mostly in mobilizing voters to vote for Clinton and contact him.

Apart from politics, George Soros is also known for his philanthropic work. His work was noted during the 90s when he contributed millions of money to help affected families from Yugoslavia war. The found which was headed by George helped children and women just to mention a few of his work and https://www.georgesoros.com/philanthropy/.

Howitt Leads Entrepreneurs In The New Millenium

Sawyer Howitt ‘s father is David Howitt, the current CEO and founder of the Meriwether Group. The company’s superior product line has significantly strengthened Meriwether Group’s ability to help entrepreneurs accomplish their ideas. Meriwether both fosters and mentors these entrepreneurs on their way to success.

Sawyer Howitt is an entrepreneur himself who has devoted considerable time and energy to several businesses. He plans to attend the University of California, Berkeley in the fall of 2017, and earn his degree in their Entrepreneurial Finance program. His current job title is that of Project Manager for the Meriwether Group, from which the constituency of twelve advisers, his father, David Howitt and their successful client entrepreneurs have all contributed significantly to his knowledge.

Several of his projects have focused on changing the ways future commerce will work. Other projects of his have addressed the different areas necessary for business to adapt to the continuous technology changes.

Sawyer Howitt has shown an innate ability for understanding both the financial and operational aspects of businesses. Simultaneously he demonstrates a genuine appreciation for a brand’s essence, resonance, and the relationship to consumers.

Another endeavor of his was that of being the Business Strategy Analyst at RFID Checkout from 2015 to 2016. In this position, he worked with his team to redesign the retail experience with the use of Radio Frequency Identification (RFID) technology. This technology uses an electromagnetic field to both identify and monitor the products the RFID tags are attached to. Retail stores consequently have the ability to track their merchandise all throughout the store. This technique is much faster and easier than to use than bar codes. Consequently checkout time is reduced.

He worked along with a partner to collect data from racquetball players and used this information to start RacquetBox, a subscription service for racquetball players. The service delivers a glove, new racquetballs, and other equipment every month or quarter. The customer also gets a subscription to the USAR magazine and a paid membership for watching professional racquetball to the IRT Network. Sawyer and his partner have just launched a site for pre-orders.