GQ MAGAZINE – Feb 12 – The Russian multimillionaire Andrey Andreev claims to have revolutionized online dating and changed the world a bit. Andrey Andreev created Badoo in 2006. The app has ~370M registered users, 7 times more than Tinder. His fortune is estimated at £700M. Whitney Wolfe has teamed up with Andrey Andreev to launch Bumble, a dating app that lets women initiate the first contact, which is 79% owned by Badoo. "We've been the first in all areas – localization, swipes. We were the first to introduce a messaging service," Andreev explains the success of Badoo which took advantage of the arrival of the first iPhone. "Each month we introduce a striking innovation. We have not realized even 1% of the ideas that we can potentially put in place." CNBC has reported about Andrey's intention to sell Badoo, which could be valued at $1.5B. No, he does not intend to sell.
by Maxime Joly
See full article at GQ Magazine