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☆ How a 25-year-old went from talking to 1,000 strangers in NYC to quitting her finance job and founding a social startup
▼ + stars: | 2024-02-08 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +5 min

"Ultimately, I spent more time home alone doing nothing than ever before," Epstein, CEO of the still-in-beta social networking app Kndrd, told Business Insider. "I spoke to a thousand strangers" — many who also felt a lack of community, companionship, or friendship, she added. But while investors may want to see viral, overnight growth for an app like Kndrd, Epstein hesitates at that strategy. "And that means me reading applications and vetting the community members and making sure that we have people who are the strongest, most high fidelity people." In the future, Kndrd also plans to incorporate AI into its user experience — something on nearly every investor's mind right now.

Persons: Isabella Epstein, Epstein, Kndrd, Tina Mai —, —, Mai aren't, Kndrd cofounders Tina Mai, Devin Kasparian Bootstrapping Organizations: Business, Stanford University, Stanford Locations: New York City, NYC, Mai, Epstein's NYC

☆ How Wall Street's Culture Is Contributing to the Loneliness Crisis
▼ + stars: | 2023-11-30 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +14 min

Wall Street is notorious for its long hours and stressful lifestyle, particularly at the junior level, where grunt work abounds. They'd work hard and play hard, with an enviable social life like in all the Wall Street movies she'd seen. But Wall Street workers say that the nature of finance — the office politics and uniquely competitive cohort — can create a work culture that exacerbates feelings of loneliness. Some of the loneliness comes from this — it's all new, it feels bad, it's scary, and they don't feel like they can talk to anyone. But that doesn't mean people working on Wall Street can't do anything to mitigate their loneliness.

Persons: Madison, They'd, She'd, we'd, Cigna, it's, Wharton, Abbey, Denise Shull, Michael Sloyer, Goldman Sachs, Bumble BFF, Bumble, She's, —, Shull, I've, doesn't, They're, Sam Glazer, It's, Glazer, who's, There's, Goldman Organizations: Hamptons, Business, Wall, Ivy League, Madison, Harvard, NYU, Fifth Avenue Psychiatry Locations: New York City, Madison, Wharton, Yale, Upbuild, New York

☆ I've moved 7 times in 8 years for jobs. Here are my tips for making friends wherever I go and finding the right apartment.
▼ + stars: | 2023-10-07 | by ( Fortesa Latifi | ) www.businessinsider.com time to read: +5 min

Since 2015, I've moved seven times in search of greener pastures, better jobs, and cooler cities. I'm a nonprofit fundraiser, and when new opportunities have come up in new places, I've been eager to take them. I grew up in North Carolina, and I've lived in Tennessee, Wisconsin, Colorado, Maine, and Minnesota, where I'm currently based. I've had a lot of success with Bumble BFF , a twist on the dating app that's used to find friends. You have to trust yourself and your intuition, and that's what I've done — seven times in a row.

Persons: Veronica Scofield, she's, —, I've, I'm, it's, would've, Bumble BFF, I Organizations: Service Locations: Minneapolis, I'm, North Carolina, Tennessee , Wisconsin , Colorado , Maine, Minnesota, Denver, Maine, Canada, Wisconsin

☆ Gen Z loneliness is so bad that some young adults are spending thousands trying to make friends through gym memberships and social clubs
▼ + stars: | 2023-09-25 | by ( Noah Sheidlower | Madison Hoff | ) www.businessinsider.com time to read: +10 min

In search of connection, young people are spending on gym memberships, social clubs, and art classes. Most said they spend more on social activities than pre-pandemic. All but three said they're spending more money now than they were before the pandemic on social activities such as art classes and gym memberships to make friends. The software engineer said he's increased his investment in social activities after struggling to make friends at work. Other Gen Zers told Insider they made connections through free gallery events, volunteering, and joining book clubs.

Persons: Zers, Lynette Ban, she's, Ban, Vivek Murthy, Richard Weissbourd, Weissbourd, Murthy, Rachael, Matt Schulz, William Cabell, Cabell, he's, Cabell isn't, Kazerouni, Kelly Lohr, —, Barley Vogel, there's, Rebecca Schweiger, Schweiger, Noureen Shallwani, Shallwani, Gen Zers, Zers don't, Lillian Lema, Bumble BFF, Lillian Lema Lema, BFF, She's, Margaux Duvall, Duvall, Alexandra York Organizations: Service, Soho House, Harvard Graduate School of Education, IRL, SEC, Studio Arts Dallas, Studio, The, Facebook Locations: Wall, Silicon, New York, Austin, Italy, Richmond , Virginia, Soho, Soho House's New York, Philadelphia, Maine, Portland , Maine, Ohio, Denver, nsheidlower@insider.com

☆ Bumble now considers ghosting a date 'bullying and abusive conduct'
▼ + stars: | 2023-09-02 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +4 min

Bumble's new guidelines now include standing up a date as a form of "bullying and abusive conduct." Bumble told Insider it could take action against someone who ghosts a mutually agreed-upon date. The online dating company recently updated its community guidelines to explicitly include ghosting someone on a date as an action that falls under "bullying and abusive conduct." We aim to create an experience which is free from behavior that makes any individual or group feel harassed, bullied, or targeted," the company's policy page reads. These rules also apply to Bumble BFF, the company's platonic platform for meeting friends.

Persons: Bumble, —, Bumble BFF, you've, Whitney Wolfe Herd

☆ How Gen Zers are turning to dating apps like Bumble for platonic friendships
▼ + stars: | 2023-01-24 | by ( Liam Mays | ) www.cnbc.com time to read: +1 min

Over the years, online dating has become almost completely normalized. A recent study showed that 39% of straight couples met online in the U.S. and more than half of LGBTQ couples have used dating apps, according to the Pew Research Center. Apps like Bumble BFF and Meetup have become popular ways to build platonic relationships. Berger said that by the end of 2021, 15% of Bumble users had also used BFF, which is short for best friends forever. Schenk said that Morgan Stanley's 2023 revenue estimate for Bumble is just over $1 billion — with only about $1 million coming from Bumble BFF and friend-finding service Bizz.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow friendship-making apps are becoming mainstreamOnline dating has become almost completely normalized, but it used to carry certain stigmas. Now, many Gen Zers are making friends online through apps like Bumble BFF and Meetup, while facing familiar criticisms. It's still not clear whether such friend-finding apps can grow to become a lucrative addition for internet dating companies.

☆ Bumble shares tumble after weak fourth-quarter revenue forecast on forex hit
▼ + stars: | 2022-11-09 | by ( ) www.reuters.com time to read: +2 min

Bumble also faces competition from larger rival Match Group Inc (MTCH.O), which topped revenue estimates last week on the back of a jump in paying users for its flagship app Tinder. Bumble now expects current-quarter revenue between $232 million and $237 million, compared to Wall Street's estimates of $254.5 million, according to Refinitiv data. Earlier in March, Bumble said it is discontinuing operations in Russia, including the removal of all of its apps from Apple App Store and Google Play Store in Russia and Belarus. Bumble, which made its market debut in February 2021, said its total paying users increased to 3.3 million during the quarter. Reporting by Vansh Agarwal and Shreyaa Narayanan in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

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