Former Badoo Deputy CEO & Peanut Founder Michelle Kennedy Gives Tips On Fundraising

Earlier this year, former Badoo deputy CEO Michelle Kennedy released a new social networking app for mothers.

Called Peanut, the app aims to bring “like-minded” mothers (or soon-to-be mothers) together to facilitate conversations and encourage meet-ups between nearby mums who share similar interests.

The app asks women to sign up using their Facebook accounts and complete a number of questions about how old their children are – or how long into their pregnancy they are – their interests and hobbies.

Released in February, the app already has 120,000 users, with mothers sending 700,000 messages and averaging 100,000 swipes every day.

Kennedy revealed these impressive stats in a recent interview with Fast Company, where she spoke about her struggles getting funded as a female founder.

The founder then gives her four fundraising lessons for budding entrepreneurs, which include not taking decisions personally, not sharing too much sensitive company information and being selective with investors.

Read her tips here.