Today where Coffee Meets Bagel, the Dating App Startup That Turned Down $30M ‘Shark Tank’ Offer, Is
The Kang sisters developed the dating that is successful, Coffee Meets Bagel.
В— — The Kang siblings, Soo, Dawoon and Arum, stunned every person once they said no to $30 million, walking far from Mark Cuban’s record-setting offer due to their app that is dating on “Shark Tank” earlier in the day in 2010.
“We got so emails that are many вЂYou sisters are incredibly crazy! Exactly what are you thinking?’” Dawoon Kang told “Nightline.” “Seeing most of the feedback and reviews … i need to wonder, being called вЂgreedy,’ вЂgold digger,’ would we now have been called those names whenever we are not females? I experienced to wonder that.”
We would probably be called вЂBold“If we were men! Visionary! Brave’ for rejecting. Needless to say we weren’t called that,” Arum Kang added, laughing.
Nonetheless it might easily turn into a courageous, bold and move that is visionary Soo, 35, Dawoon and Arum, both 32, believe their dating application, Coffee Meets Bagel, may be worth a great deal more, particularly given that Tinder is respected at $1.5 billion.
Coffee matches Bagel, that has raised $7.8 million in outside financing and has now a lot more than doubled its individual base since appearing on “Shark Tank” in January, markets itself as a substitute for all sick and tired of over-sexualized dates the siblings state are on other online dating services. Alternatively 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 associated with the types of behavior males display on Tinder … it is maybe not the best experience and … it seems creepy.”