Coffee Meets Bagel doesn’t bite on Mark Cuban’s record $30M ‘Shark Tank’ offer

Article Source: Geek Wire
Original Post Date: January 14, 2015

Photo via ABC: From left, Soo, Arum and Dawoon Kang pitch "Coffee meets Bagel" on an episode of Shark Tank.

 

In what is being billed as the “largest offer in the history” of “Shark Tank,” three sisters from San Francisco turned down Mark Cuban’s offer of $30 million.

Sure, Cuban’s offer was more hypothetical than real (we wonder what he would’ve done if they’d accepted it) for their startup Coffee Meets Bagel, a dating site that matches you based on meeting “friends of friends” through Facebook, but it was pretty thrilling to watch all the same.

Sisters Arum, Dawoon and Soo Kang offered one hell of a presentation and plan to take their dating site worldwide, on par with Match.com. They were seeking only $500,000 for 5 percent equity in their company from the Sharks. Their site is about “winning over women,” as they put it.

Eventually, all the Sharks passed on investing in their site, but not without that nail-biting moment from Cuban.

Watch the segment below: