Shana Lebowitz
- Coffees Suits Bagel was an online dating software, introduced when you look at the 2012, which provides an even more curated experience.
- In the 2015, the Coffees Matches Bagel cofounders looked into “Shark Tank,” where they refused Mark Cuban’s bring to provide them $31 billion for the whole business.
- Cofounder Dawoon Kang said she is believing that is the right choice, although someone else entitled their unique along with her cofounders money grubbing.
Whenever Dawoon, Arum, and Soo Kang stepped on the “Shark Tank” phase inside the 2015, they were hoping to get an offer away from Draw Cuban, whom they sensed the most tech-smart of all of the five dealers.
This new Kang sisters was pitching Coffees Matches Bagel, a dating app one, at the time, linked users having family members from family members and you may provided fits just 7 months to get in touch. They certainly were asking new whales to possess $500,000 in exchange for 5% of team.
The fresh new ensuing change made for one of the more dramatic attacks previously broadcast. Cuban are the original of your dealers so you’re able to declare themselves “out” – but just as brand new Kang siblings was in fact planning to walk off the fresh phase, the guy provided them $30 billion for your providers. It absolutely was the biggest promote within the “Shark Tank” history.
The fresh Kangs refused the offer. “We come across this business broadening as huge as Fits,” Arum Kang informed brand new whales, adding you to definitely Match is actually is a great mil-dollar organization. (In 2017, Match Category, the company that owns Match also Tinder and other dating services, had $1.33 million from inside the revenue.)