Latest news with #LidianeJones
Yahoo
19-05-2025
- Business
- Yahoo
Former Slack CEO Lidiane Jones Joins Silversmith Capital Partners as Senior Advisor
BOSTON, May 19, 2025--(BUSINESS WIRE)--Silversmith Capital Partners, a growth equity firm focused on supporting the best entrepreneurs in technology and healthcare, today announced that Lidiane Jones, an accomplished technology executive and former CEO of Slack and Bumble, has joined the firm as a Senior Advisor. Lidiane brings more than two decades of deep leadership, technical and product experience, having held senior roles at some of the world's most innovative technology companies. With a proven track record of delivering impactful products across enterprise scalability, machine learning, and consumer productivity, Lidiane will bring valuable industry insight, strategic guidance, and investment perspective to Silversmith and its portfolio companies. "Having known Lidiane for many years, I've long admired her technical expertise, product intuition, and ability to lead at scale," said Jim Quagliaroli, Managing Partner at Silversmith Capital Partners. "From her early days as a software engineer at Microsoft to leading category-defining companies like Slack and Bumble, Lidiane has consistently demonstrated world-class leadership. We're thrilled to welcome her to Silversmith as a Senior Advisor and look forward to the impact she will have across the firm and our portfolio." A seasoned CEO, Lidiane most recently served as CEO of Bumble. Prior to that, she was appointed CEO of Slack following its acquisition by Salesforce, transitioning from her executive leadership role within Salesforce to guide Slack's integration and future direction. During her tenure, she also led efforts to bring generative AI into workplace collaboration. Before taking the helm at Slack, Lidiane held several senior positions at Salesforce, including Executive Vice President and General Manager of Commerce Cloud, Experience Cloud, and Marketing Cloud, where she played a key role in driving product innovation and customer engagement. Earlier in her career, she spent four years at Sonos leading software product experiences, and 13 years at Microsoft, where she began as a software engineer on Excel and rose to lead major initiatives across Office, Azure Machine Learning, and enterprise management and oversaw several of the company's post-acquisition integration efforts. "It's an exciting time to be working with growth-stage companies as they lead, scale and innovate," said Lidiane Jones. "I'm honored to join Silversmith as a Senior Advisor and look forward to supporting entrepreneurs who are building the next generation of market-leading technology businesses." About Silversmith Capital Partners Founded in 2015, Silversmith Capital Partners is a Boston-based growth equity firm with $3.3 billion of capital under management. Silversmith's mission is to partner with and support the best entrepreneurs in growing, profitable technology and healthcare companies. Representative investments include ActiveCampaign, Appfire, Apryse, DistroKid, Iodine Software, LifeStance Health, Onbe, and Webflow. For more information, including a full list of portfolio investments, visit or follow the firm on LinkedIn. View source version on Contacts Media Contact: Kate CastleSilversmith Capital Partnerskate@ Sign in to access your portfolio
Business Wire
19-05-2025
- Business
- Business Wire
Former Slack CEO Lidiane Jones Joins Silversmith Capital Partners as Senior Advisor
BOSTON--(BUSINESS WIRE)-- Silversmith Capital Partners, a growth equity firm focused on supporting the best entrepreneurs in technology and healthcare, today announced that Lidiane Jones, an accomplished technology executive and former CEO of Slack and Bumble, has joined the firm as a Senior Advisor. Lidiane brings more than two decades of deep leadership, technical and product experience, having held senior roles at some of the world's most innovative technology companies. "I'm honored to join Silversmith as a Senior Advisor and look forward to supporting entrepreneurs who are building the next generation of market-leading technology businesses." -- Lidiane Jones Share With a proven track record of delivering impactful products across enterprise scalability, machine learning, and consumer productivity, Lidiane will bring valuable industry insight, strategic guidance, and investment perspective to Silversmith and its portfolio companies. 'Having known Lidiane for many years, I've long admired her technical expertise, product intuition, and ability to lead at scale,' said Jim Quagliaroli, Managing Partner at Silversmith Capital Partners. 'From her early days as a software engineer at Microsoft to leading category-defining companies like Slack and Bumble, Lidiane has consistently demonstrated world-class leadership. We're thrilled to welcome her to Silversmith as a Senior Advisor and look forward to the impact she will have across the firm and our portfolio.' A seasoned CEO, Lidiane most recently served as CEO of Bumble. Prior to that, she was appointed CEO of Slack following its acquisition by Salesforce, transitioning from her executive leadership role within Salesforce to guide Slack's integration and future direction. During her tenure, she also led efforts to bring generative AI into workplace collaboration. Before taking the helm at Slack, Lidiane held several senior positions at Salesforce, including Executive Vice President and General Manager of Commerce Cloud, Experience Cloud, and Marketing Cloud, where she played a key role in driving product innovation and customer engagement. Earlier in her career, she spent four years at Sonos leading software product experiences, and 13 years at Microsoft, where she began as a software engineer on Excel and rose to lead major initiatives across Office, Azure Machine Learning, and enterprise management and oversaw several of the company's post-acquisition integration efforts. 'It's an exciting time to be working with growth-stage companies as they lead, scale and innovate,' said Lidiane Jones. 'I'm honored to join Silversmith as a Senior Advisor and look forward to supporting entrepreneurs who are building the next generation of market-leading technology businesses.' About Silversmith Capital Partners Founded in 2015, Silversmith Capital Partners is a Boston-based growth equity firm with $3.3 billion of capital under management. Silversmith's mission is to partner with and support the best entrepreneurs in growing, profitable technology and healthcare companies. Representative investments include ActiveCampaign, Appfire, Apryse, DistroKid, Iodine Software, LifeStance Health, Onbe, and Webflow. For more information, including a full list of portfolio investments, visit or follow the firm on LinkedIn.
TechCrunch
10-05-2025
- Business
- TechCrunch
Whitney Wolfe Herd on burning out — and bouncing back
In Brief Whitney Wolfe Herd returned in March to lead Bumble, the dating app she founded and took public, following the unexpected departure of CEO Lidiane Jones. Now, in a New York Times interview, Wolfe Herd opens up about what happened. 'I had no intentions of coming back,' Wolfe Herd says. Her post-Bumble life initially brought existential questions about her identity, eventually giving way to daily meditation and board calls from the sidelines. That changed when Jones reached out to confess she was overwhelmed. Shortly after that conversation, Jones resigned. Wolfe Herd dismisses speculation of conflict between them. 'I think the world wants people – particularly when it's a woman to a woman – they want there to be some riff. There's no riff,' she emphasizes. Wolfe Herd recognized her own burnout reflected in Jones's exhaustion. 'I felt like I was looking in a mirror. I felt like I was looking at myself a year prior… [Jones] herself had made some of the same mistakes I had made, which was working that extra hour, putting in that extra trip.' Herd, who announced Friday on Instagram that she's expecting her third child, addresses the company's struggles in her Times interview. With Bumble this week reporting first-quarter earnings that fell 7.7% year-over-year, she say that, 'Bumble needs me back. It's an extension of me to some degree, and watching it fall from its peak has been very hard.'
Globe and Mail
04-03-2025
- Business
- Globe and Mail
Consumer Subscription Stocks Q4 Teardown: Bumble (NASDAQ:BMBL) Vs The Rest
Let's dig into the relative performance of Bumble (NASDAQ:BMBL) and its peers as we unravel the now-completed Q4 consumer subscription earnings season. Consumers today expect goods and services to be hyper-personalized and on demand. Whether it be what music they listen to, what movie they watch, or even finding a date, online consumer businesses are expected to delight their customers with simple user interfaces that magically fulfill demand. Subscription models have further increased usage and stickiness of many online consumer services. The 8 consumer subscription stocks we track reported a mixed Q4. As a group, revenues beat analysts' consensus estimates by 1.6% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 13.2% since the latest earnings results. Bumble (NASDAQ:BMBL) Started by the co-founder of Tinder, Whitney Wolfe Herd, Bumble (NASDAQ:BMBL) is a leading dating app built with women at the center. Bumble reported revenues of $261.6 million, down 4.4% year on year. This print was in line with analysts' expectations, but overall, it was a slower quarter for the company with EBITDA guidance for next quarter missing analysts' expectations. 'Over the past year, we have established a strong foundation for Bumble, building a robust innovation pipeline and instilling a high-performance culture and capabilities to drive results,' said Lidiane Jones, CEO of Bumble Inc. Unsurprisingly, the stock is down 38.9% since reporting and currently trades at $4.95. . Best Q4: Duolingo (NASDAQ:DUOL) Founded by a Carnegie Mellon computer science professor and his Ph.D. student, Duolingo (NASDAQ:DUOL) is a mobile app helping people learn new languages. Duolingo reported revenues of $209.6 million, up 38.8% year on year, outperforming analysts' expectations by 2.1%. It was a decent quarter: Duolingo's user growth enabled it to beat on revenue and EBITDA. Its full-year revenue guidance also topped Wall Street's estimates. On the other hand, its full-year EBITDA forecast fell short. Duolingo scored the fastest revenue growth among its peers. The company reported 116.7 million users, up 32% year on year. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 20.9% since reporting. It currently trades at $296.10. Is now the time to buy Duolingo? Access our full analysis of the earnings results here, it's free. Weakest Q4: Match Group (NASDAQ:MTCH) Originally started as a dial-up service before widespread internet adoption, Match (NASDAQ:MTCH) was an early innovator in online dating and today has a portfolio of apps including Tinder, Hinge, Archer, and OkCupid. Match Group reported revenues of $860.2 million, flat year on year, in line with analysts' expectations. It was a softer quarter as it posted a slight miss of analysts' number of payers estimates and a decline in its users. Match Group delivered the weakest full-year guidance update in the group. The company reported 14.61 million users, down 3.8% year on year. As expected, the stock is down 16.8% since the results and currently trades at $30.30. Netflix (NASDAQ:NFLX) Launched by Reed Hastings as a DVD mail rental company until its famous pivot to streaming in 2007, Netflix (NASDAQ: NFLX) is a pioneering streaming content platform. Netflix reported revenues of $10.25 billion, up 16% year on year. This number topped analysts' expectations by 1.1%. However, it was a slower quarter as it logged EPS guidance for next quarter missing analysts' expectations. Netflix scored the highest full-year guidance raise among its peers. The company reported 301.6 million users, up 15.9% year on year. The stock is up 11.9% since reporting and currently trades at $975.82. Read our full, actionable report on Netflix here, it's free. Coursera (NYSE:COUR) Founded by two Stanford University computer science professors, Coursera (NYSE:COUR) is an online learning platform that offers courses, specializations, and degrees from top universities and organizations around the world. Coursera reported revenues of $179.2 million, up 6.1% year on year. This print surpassed analysts' expectations by 1.6%. Zooming out, it was a mixed quarter as it also produced a solid beat of analysts' EBITDA estimates but EBITDA guidance for next quarter missing analysts' expectations. The company reported 168 million users, up 18.3% year on year. The stock is down 20.8% since reporting and currently trades at $7.58. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Yahoo
20-02-2025
- Business
- Yahoo
Bumble forecasts first-quarter revenue below estimates on sluggish user growth
(This Feb. 18 story has been corrected to fix the spelling of 'transpire,' in paragraph 8, and 'picker,' in paragraph 4) By Kritika Lamba (Reuters) - Bumble forecast its first-quarter revenue below analysts' estimate on Tuesday, signaling that the dating app operator's efforts to boost growth are taking longer than expected, sending its shares down 16% in extended trading. Online dating apps have been grappling with declining user engagement and customer spending on their platforms amid a lack of new features and pressures from still-high inflation. Bumble, however, is increasingly investing in marketing initiatives and generative AI-driven features to attract more young users. The company will include features such as ID-verification and AI-photo picker in its upcoming winter release, as it aims to increase safety for its users, CEO Lidiane Jones said on the post-earnings call. Bumble said it expects to see a temporary decline in paying users by 100,000 to 120,000 in the near term, as it is in the early stages of this process. As part of its monetization strategy, the company also said it would discontinue its smaller dating platforms, Fruitz and Official. Bumble is finding it difficult to maintain the multi-app strategy — unlike Match, which is benefiting from its portfolio — and is further struggling to manage in a matured dating market, said Jamie Lumley, fundamental analyst at Carbon Arc. "One area Bumble has talked about that is yet to transpire as a revenue opportunity is (the) friends and community feature, but that is yet to materialize," he added. "But could potentially change the game for Bumble." Bumble's total average revenue per paying user decreased to $20.58, compared with $22.64 a year ago. Total paying users for the Bumble app were at 2.8 million, down by 57,000 from the third quarter. Earlier this month, the company's bigger rival Match Group, which offers dating app services such as Tinder, Hinge and OkCupid, also forecast its first-quarter revenue below estimates. Bumble expects its first-quarter revenue to be between $242 million and $248 million, below analysts' average estimate of $256.9 million, according to data compiled by LSEG. The Austin, Texas-based company's fourth-quarter revenue fell 4.4% to $261.6 million. Sign in to access your portfolio
