Where Coffee Meets Bagel, the Dating App Startup That Turned Down $30M ‘Shark Tank’ Offer, Is Today
The Kang siblings developed the dating that is successful, Coffee Meets Bagel.
Coffee matches Bagel, the Dating App that Turned Down ‘Shark Tank’ Offer
? — The Kang sisters, Soo, Dawoon and Arum, stunned everyone else if they said no to $30 million, walking far from Mark Cuban’s record-setting offer for his or her app that is dating on “Shark Tank” earlier in the day this present year.
“We got therefore numerous email messages, ‘You sisters are incredibly crazy! Exactly what are you thinking?’” Dawoon Kang told “Nightline.” “Seeing all of the reviews and reviews … i need to wonder, being called ‘greedy,’ ‘gold digger,’ would we now have been called those names whenever we are not ladies? I had to wonder that.”
“If we had been guys, we’d oftimes be called ‘Bold! Visionary! Brave’ for rejecting. Needless to say we weren’t called that,” Arum Kang added, laughing.
Nonetheless it might easily grow to be a courageous, bold and visionary move because Soo, 35, Dawoon and Arum, both 32, believe their dating software, Coffee Meets Bagel, will probably be worth a great deal more, particularly given that Tinder is respected at $1.5 billion.
Coffee matches Bagel, which includes raised $7.8 million in outside capital and contains a lot more than doubled its individual base since appearing on “Shark Tank” in January, areas itself as a substitute for everyone sick and tired of over-sexualized times the sisters state are on other online dating services. Rather it fixes up individuals up with matches that give attention to quality over volume.
“We like to phone ourselves the anti-Tinder,” Arum stated. “Any girl who’s got utilized tinder has one or numerous tales of this types of behavior guys display on Tinder … it is perhaps perhaps maybe not the best experience and … it seems creepy.”