- Company: Coffee Meets Bagel
- Owner: Arum, Dawoon, and Soo Kang
- Item: on the web dating internet site for ladies
- Selling price: $500,000 for 5% equity
- Final Deal: None вЂ“ Rejected offer that is largest in Shark Tank history ($30 million from Mark Cuban)
- Season/Episode: Season 6, Episode 13
Coffee Satisfies Bagel Before Shark Tank
Coffee suits Bagel is a concept that is impressive makes use of shared buddy matching to just take driving a car and doubt away from internet dating. The user-friendly application culls data from Facebook friends and shared connections to get a top-quality match that is romantic. If both users approve regarding the proposed match, the application provides them a voucher or discount to make use of on times. First launched in April 2012 in new york, Coffee Meets Bagel quickly expanded to Boston and san francisco bay area areas a months that are few.
exactly How precisely did this online dating service have the ability to bag the solitary biggest offer in Shark Tank history (Mark CubanвЂ™s jaw-dropping $30 million proposition)?
And exactly how fast, precisely, did these sibling business owners reject their deal?
Coffee Meets Bagel On Shark Tank: An Instant Recap
Arum, Dawoon, and Soo Kang are three sisters from bay area, Ca. They certainly were raised and born in Korea, but as teens they immigrated to America. To express theyвЂ™re achieved is a little of a understatement: one decided to go to Stanford company class, one went along to Harvard company class, and something went along to Parsons School of Design. They place their minds together, stop their jobs that are high-paying and went into company together. Their business provides a twist that is new internet dating, plus they think it’s the ability to alter everyday lives.
TheyвЂ™re here on вЂњShark TankвЂќ requesting a $500,000 investment in return for 5% equity inside their business.