Coffee Meets Bagel, an online dating site, pitched dating business on "Shark Tank" in The three sisters were site and raised in Korea and moved to the United States as teenagers. After graduating from college, the sisters started the dating website inafter experiencing their own frustrations in finding love.
Millions of singles still use the app to find love
What makes Shark so unique is that users get "tank" few carefully curated matches every day at noon. Women get several "Bagels," or matches from men who have already liked their profile, so the woman knows she's getting men who are interested.
This mitigates that overwhelming experience many find on other dating sites where the stream of potential matches seems endless. The app's target site is singles who are looking for serious relationships. The Kang sisters designed their dating app to specifically appeal to single women, knowing that the men would follow if they knew that there was a site where women felt safe and comfortable.
This is because many women know the pitfalls of modern dating. You can compromise too much on dating apps ; women also have to be much more mindful of their safety on dating apps. So the Kang sisters wanted to make it as easy as shark for women to find a relationship.
Here's what went down. They explained that they took the success of daily flash sale sites and merged it with the success of social networks to improve online dating. The Kang sisters explained that they chose the name so click people could speak covertly about dating. The sharks were legitimately interested. The Kang sisters explained that all data is compiled through Facebook, including the element of mutual friendship that makes CMB so special.
Interestingly, the sisters wouldn't give the exact number of users that they had on their site. They said it was betweenandMark Cuban didn't like these hazy numbers, and he pulled out. They also had to disclose to the sharks that even with one million dollars in sales annually, they had negative profit. The sharks didn't like this tank, and for these reasons, each shark pulled out. InDawoon spoke with Ladders about why she and her sisters chose to pitch their brand to the show.
What happened to Coffee Meets Bagel After Shark Tank?
Dawoon firmly said "no" again. So the Kang sisters obviously continued to expand their business after "Shark Tank," and didn't need the sharks to support them after all. Coffee Meets Bagel is still an active and thriving dating website, and the Kang sisters continue to take things to the next level.
Their goal isn't to get users the most profiles to choose from; they're more interested in quality matches, making their priority their women users. While this has been their philosophy since the start, CMB had a few complaints from users. By far, prospective singles report better results on CMB in big cities. According to DatingAdvice. Also, the site reported that Asian communities in big cities have tank best feedback for CMB. However, prospective singles in more rural areas report more matches from other, larger dating websites.
The unanimous feedback was that CMB's app site crashed frequently, and seemed to crash most frequently over weekends. While many were complaining about the site itself, another person noted that they have had more luck with dates on CMB. CMB at least led to some real dates," they began. The league is perhaps the worst of them all.
Here's What Went Down With Coffee Meets Bagel After Shark Tank
Despite no match from the sharks on "Shark Tank," and a few glitches with their app, Coffee Meets Bagel continues to grow. Singles could gather at these in-person events, from 5k runs to adult summer camps. Unfortunately, the COVID pandemic put a dating in this, but the website notes that hopefully, things will kick site again soon.
In JulyForbes reviewed CMB and noted that the pros were that the dating site has put an end to click at this page constant scrolling that's so common on other dating sites. This is great news for anyone with profile photo shark.
However, Forbes also noted that CMB had fewer matches than other sites. While partially this is the whole point of CMB — they promise more carefully curated matches — this has been common feedback from people, so no doubt the Kang sisters and the rest of the team are eager to acquire more members.
CMB is very active online with a vibrant Instagram presence, where they showcase real-life couples who met on their site. They also offer relationship advice and memes about dating.
All three sisters have CMB listed as their current place of employment on LinkedIn, so it's still in the family. So while the Kang sisters didn't land on "Shark Tank," they obviously did great on their own. By Bernadette Roe Oct. Coffee Meets Bagel is still in business YouTube. What's next for Coffee Meets Bagel?