Whitney Wolfe, Founder and CEO of Bumble and Co-Founder of Tinder

Introduction

The speaker introduces the event and thanks the organizers. Whitney Wolf Heard and Katrina Lake are introduced as the guests for the fireside chat.

Introducing Whitney Wolf Heard and Katrina Lake

• The speaker thanks the Bumble team, Caroline Sam, and Laura for organizing the event.

• The speaker thanks Rama and Wim for co-sponsoring the event.

• Whitney Wolf Heard and Katrina Lake are introduced as guests for the fireside chat.

Bio of Whitney Wolf Heard

Samina gives a brief bio of Whitney Wolf Heard.

Bio of Whitney Wolf Heard

• Samina gives a brief bio of Whitney Wolf Heard.

• Some notable achievements of Whitney include leading Bumble's IPO as youngest woman ever to take a company public, being named to Time magazine's 100 most influential people, Forbes 30 under 30, Bloomberg 50, and in stylist 50 women who are changing the world.

Introduction of Katrina Lake

Samina introduces Katrina Lake.

Introduction of Katrina Lake

• Samina introduces Katrina Lake.

• Some notable achievements of Katrina include founding Stitch Fix in 2011 and taking it public in 2017 at age 34.

Resilience in Entrepreneurship

The speakers discuss resilience as an important attribute for entrepreneurs.

Resilience in Entrepreneurship

• Both speakers have had challenging moments in their entrepreneurial journey where resilience was key to success.

• The speakers encourage the audience to ask questions during the Q&A session.

Keeping the Team Happy

Whitney Wolfe Herd and Katrina Lake discuss how they keep their teams happy and motivated, even during difficult times.

Parenting and CEO-ing

• Whitney compares being a CEO to parenting, where there are days when you don't have all the answers but you have to put on a brave face for your team.

• Katrina agrees with Whitney's comparison and says that they take it one day at a time.

Navigating Loneliness as a CEO

• Katrina acknowledges that being a CEO can be lonely, especially when trying to keep the team focused while dealing with personal stressors.

• Whitney equates this loneliness to parenting, where you have to show up for others even when you're stressed or scared.

Women in Business

Whitney Wolfe Herd and Katrina Lake discuss the challenges women face in raising money for their businesses.

Disappointing Statistics

• The statistics show that women still struggle to raise money compared to men. In 2022, women only received 1.9% of overall funding.

• Whitney expresses sadness that she is still waiting for another woman to pass the torch of being the youngest woman to take a company public.

Shifting Narratives

• Despite these challenges, both women are hopeful about shifting narratives around women's health matters and femtech markets emerging.

• They believe that as more attention is given to these markets, more money will change hands.

Introduction

Whitney Wolfe Herd talks about the importance of having positive examples and how being underestimated can be beneficial.

Being Underestimated

• Being underestimated can be beneficial as it allows you to fly under the radar.

• Competitors don't put spend into cycling your growth and people aren't watching you.

• When you're not being watched, you get to just run.

• It's exciting to go and do things differently.

Going Public

• When scaling a company to a certain point of revenue and growth rate, there are few choices: raise more money, sell some of the company or bring the public along in your journey.

• It's exciting to bring the public along on your journey.

Going Public

Whitney Wolfe Herd talks about going public with Bumble.

Inviting Customers Along

• It's exciting to invite customers along with your company.

• Bringing the public along on your journey is an opportunity for them to invest in something they believe in.

Valentine's Day Launch

• Bumble went public on February 11th, just shy of Valentine's Day.

• People tweeted that they wanted Bumble stock instead of chocolates for Valentine's Day.

[CUTOFF_LIMIT]