Billionaire AOL founder Steve Case is convinced the next big thing in tech won’t happen in Silicon Valley, and he’s …
June 14, 2018
A 28-year-old entrepreneur reveals how she snagged $66 million and 10 term sheets in 5 days
June 14, 2018
Show all

When the founders of dating app Coffee Meets Bagel turned down Mark Cuban’s $30 million offer on ‘Shark Tank’ 3 …

When Dawoon, Arum, and Soo Kang walked onto the “Shark Tank” stage in 2015, they were hoping to get an offer from Mark Cuban, who they considered the most tech-savvy of all five investors. The Kang sisters were pitching Coffee Meets Bagel, a dating app that, at the time, connected users with friends of friends and gave matches just seven days to connect. They were asking the sharks for $500,000 in exchange for 5% of the company. The ensuing exchange made for one of the more dramatic episodes ever aired. Cuban was the first of the investors to declare himself “out” — but just as the Kang sisters were about to walk off the stage, he offered them $30 million for the entire company. It was the largest offer in “Shark Tank” history. When the founders of dating app Coffee Meets Bagel turned down Mark Cuban’s $30 million offer on ‘Shark Tank’ 3 …

thumbnail courtesy of businessinsider.com

[mc4wp_form id=”999″]