Andrey Andreev

Entrepreneur

Andrey Andreev was born in Moscow, Russia on February 3rd, 1974 and is the Entrepreneur. At the age of 50, Andrey Andreev biography, profession, age, height, weight, eye color, hair color, build, measurements, education, career, dating/affair, family, news updates, and networth are available.

  Report
Date of Birth
February 3, 1974
Nationality
Russia
Place of Birth
Moscow, Russia
Age
50 years old
Zodiac Sign
Aquarius
Profession
Businessperson, Computer Scientist
Andrey Andreev Height, Weight, Eye Color and Hair Color

At 50 years old, Andrey Andreev physical status not available right now. We will update Andrey Andreev's height, weight, eye color, hair color, build, and measurements.

Height
Not Available
Weight
Not Available
Hair Color
Not Available
Eye Color
Not Available
Build
Not Available
Measurements
Not Available
Andrey Andreev Religion, Education, and Hobbies
Religion
Not Available
Hobbies
Not Available
Education
Not Available
Andrey Andreev Spouse(s), Children, Affair, Parents, and Family
Spouse(s)
Not Available
Children
Not Available
Dating / Affair
Not Available
Parents
Not Available
Andrey Andreev Career

Career

Andreev founded Virus, an online store that sells computers and accessories in 1995. He sold Virus in 1997 for an undisclosed amount.

Andreev established SpyLog, a web-tracking company that was established in 1999. He sold the business for an undisclosed sum in 2001.

Andreev founded Begun, a digital media company, in 2002. He sold the majority stake of the company to Russian investment firm Finam Holdings in 2003 and sold his remaining interest in 2004.

Mamba, Andreev's first dating website, was established in 2004. He sold his interest in the company for an undisclosed sum in 2006.

Andreev introduced Badoo, the social networking and photo sharing application, in 2006. Andrey had intended to market Facebook until the iPhone was released. The company saw rapid growth in Europe and Latin America, with nearly 12 million users in the first year alone.

Badoo has been referred to as a "mass phenomenon" in Brazil, Mexico, France, Spain, and Italy in an article from 2011. Badoo had 425 million registered users worldwide and was present in 190 countries by 2019.

Andreev claimed that Badoo had created the famous dating tool "swipe" function in a 2017 interview. Andev also introduced “rise up” and the “lookalike” function, which allows users to search for others with similar characteristics to their favorite celebrity.

Andreev pledged 100% of Badoo's funds to rebuild the Notre Dame Cathedral in Paris following the fire in April 2019.

Andreev's ex Tinder marketing executive Whitney Wolfe about working together in 2014, and the two of them were talking together. Andev refused to give Wolfe a job as Chief Marketing Officer at Badoo, but she turned down. He advised her not to return to dating by giving her grants, access to Badoo's staff, and complete creative control of a recent company venture. They launched Bumble, the women-focused dating app, in December 2014.

Wolfe described Andreev as her best mentor in industry, saying that he "took the risk on her when no one else would," and that "without him, the Bumble journey wouldn't have been possible."

Andreev oversaw the company's operations and leveraged Badoo's infrastructure and engineering staff as part of their deal. He also invested USD $10 million in the company and controlled 79% of it. Wolfe was founder and CEO and he owned 20% of the company.

In November 2017, Bumble was worth more than $1 billion.

Andreev introduced MagicLab, a holding company that develops and owns dating and social media applications Badoo, Bumble, Lumen, Chappy, and Hot or Not in collaboration with their founders in 2019. He sold his shares to Blackstone Group, the world's largest alternative investment company, which became a majority owner of MagicLab in November 2019. At the time of purchase, Bumble and its companion applications were worth $3 billion. MagicLab was renamed Bumble in 2020 as the parent company of both Bumble and Badoo.

Andreev introduced Stereo, a social media player, in 2020, after the sale of MagicLab to Blackstone. Via hosting and listening capabilities, the app allows users to participate in live talks. MagicLab employees work in London and Los Angeles, with 20 former MagicLab workers involved.

Source

Has Queen Bee of dating world lost her crown? Witney Wolfe Herd, the billionaire Bumble boss, resigns as CEO as Gen Z looks for alternatives to the'swipe-right' craze

www.dailymail.co.uk, November 11, 2023
Witney Wolfe Herd, the founder and chief executive of Bumble, changed the dating landscape for millions of women by placing them in charge of choosing their mates. It was a simple concept worth more than £10 billion. But in the three years that Bumble's value has plummeted, with shares dropping from $75 (£61.47) to $12.77 (£10.47). Wolfe Herd shocked the industry on Monday by a revealing that she would step down as Bumble's CEO. Her resignation comes at a time when businesses are struggling to attract the next generation of match-making swipesters, some of whom claim they are becoming increasingly discouraged by the prospect of finding love on a dating site.