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- Coffee matches Bagel is really a dating application, launched in 2012, that gives a more experience that is curated.
- In 2015, the Coffee Meets Bagel cofounders appeared on ”Shark Tank,” where they declined Mark Cuban’s offer of $30 million for the whole business.
- Among the cofounders, Dawoon Kang, said she had been convinced it was the best choice, and even though other individuals called them greedy.
Whenever Dawoon, Arum, and Soo Kang stepped on the ”Shark Tank” phase in 2015, these were hoping to obtain an offer from Mark Cuban, who they considered the absolute most tech-savvy of this five investors regarding the show.
The Kang siblings had been pitching Coffee Meets Bagel, a dating app that, during the time, connected users with buddies of buddies and offered matches just a week to get in touch. The sharks were being asked by them for $500,000 in return for 5% of this business.
The exchange that is ensuing for starters of this more dramatic episodes ever aired. Cuban ended up being initial for the investors to declare himself ”out” — but simply due to the fact Kangs were about to walk from the phase, he offered them $30 million when it comes to whole business. (mer…)