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What's your source on her wealth? I'm only finding second hand sources stating up to 5 million...
by leahbarton 5y ago
What's your source on her wealth? I'm only finding second hand sources stating up to 5 million...
- dntrkv 5y agoThere is no source because nobody under the C-level is worth anywhere close to that much.
- gruez 5y agomaybe 1B is family wealth rather than personal wealth?
- busterarm 5y agoShe's one of the cofounders of Hinge, which was acquired by Match Group.
- ceejayoz 5y agoWhat are the chances Hinge made it to acquisition without giving shares to employees and investors? Wiki says they nearly went bankrupt just before a funding round. Even Zuckerberg only owned 28% of Facebook at IPO.
- busterarm 5y agoOh I'm not saying she has a billion. Odds are she is quite wealthy though.
- shill_cunt 5y agothere is no source. you are seeing firsthand Facebook shills trying to discredit her. fuck Facebook and zuck the cuck
- burkaman 5y agoI believe they searched "frances haugen net worth" and then copied from this extremely reputable source: https://primalinformation.com/frances-haugen-wiki-net-worth/ https://primalinformation.com/frances-haugen-wiki-net-worth/
- keewee7 5y agoShe founded Hinge that was bought by Match Group for $2 billion. Update: There is no verifiable information about her stake in the company.
- DeRock 5y agoThere is no reality in which she had a 50% stake in hinge at the time of sale. I would be shocked if she had >1%. She was involved only in the very early stages.
- gnicholas 5y agoTrue, though the stock market has gone up a ton since 2018. If she put $50M into a mix of tech stocks, crypto, and Bay Area real estate in 2018, she could have hundreds of millions by now. I agree she likely doesn't have a billion if the Hinge sale is the primary source of her wealth.
- burkaman 5y agoHinge is worth $2 billion today (according to some random site, would love a good source) and was fully acquired nearly 3 years ago. And there's no chance she had 50% equity. It's not even clear if she had any.
- deleted 5y ago[deleted]
- saulpw 5y agoIt's based on her co-founding Hinge, which apparently is now worth $2b. Hinge had sold 100% of shares by 2019, so she might have done well for herself, but definitely not 50% of current valuation.