Kang told you she actually is read to think her gut when it comes to making decisions
Shana Lebowitz
- Java Matches Bagel are an internet dating application, released when you look at the 2012, that provides a very curated sense.
- Inside 2015, the fresh new Coffee Suits Bagel cofounders appeared into the “Shark Tank,” where they declined Mark Cuban’s offer provide them $31 mil for your team.
- Cofounder Dawoon Kang told you she actually is believing that is the best decision, whether or not someone else called their own along with her cofounders money grubbing.
Whenever Dawoon, Arum, and you will Soo Kang went onto the “Shark Container” phase in the 2015, they were looking to get an offer away from Draw Cuban, who they believed the most technology-experienced of all Ireland brides four investors.
The newest Kang sisters was pitching Coffee Fits Bagel, a dating app that, during the time, connected users that have members of the family out of members of the family and offered suits only eight months to connect. They were inquiring brand new sharks for $500,000 in return for 5% of team.
The brand new ensuing replace created for probably one of the most remarkable attacks ever aired. Cuban is the initial of one’s buyers to claim themselves “out” – and new Kang siblings was indeed planning to leave the fresh stage, the guy provided them $30 billion for your team. It had been the biggest render during the “Shark Container” records.
New Kangs rejected the deal. “We see this provider broadening as huge as Meets,” Arum Kang advised this new sharks, incorporating that Matches try are a beneficial mil-buck company. (Inside 2017, Suits Classification, the business you to possess Match in addition to Tinder or other dating services, had $1.33 billion into the revenue.)
