Mark Cuban Makes The Largest Offer In Shark Tank HISTORY To Coffee Meets Bagel | Shark Tank US

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  • čas přidán 23. 10. 2022
  • The Kang Sisters, Arum Kang, Dawoon Kang, and Soo Kang are seeking $500,000 for 4% for their quality dating service for singles, Coffee Meets Bagel
    From Season 6 Episode 13
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    About Shark Tank: The Sharks - tough, self-made, multi-millionaire and billionaire tycoons - continue their search to invest in the best businesses and products that America has to offer. The Sharks will once again give people from all walks of life the chance to chase the American dream and potentially secure business deals that could make them millionaires.
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    Mark Cuban Makes The Largest Offer In Shark Tank HISTORY To Coffee Meets Bagel | Shark Tank US
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Komentáře • 1,6K

  • @shineykurian2537
    @shineykurian2537 Před rokem +4323

    Mark was testing them to see if they believed in their business and he was happy they did not accept it. They are worth 150 million today. So happy for these brilliant sisters!!

    • @cheery-hex
      @cheery-hex Před rokem +166

      It was a blessing they didn't get any offers. Imo their vision and plan is way larger than the sharks could see. they value thmslvs hence their 100k salaries. I would've thrown all my $$$ at them. their wealth vibe is off the charts!

    • @worthless_opinion
      @worthless_opinion Před 11 měsíci +106

      200 million now!

    • @keesdekarper
      @keesdekarper Před 11 měsíci +78

      @@cheery-hex Nah if you are actually passionate and serious about starting a business you would understand that giving yourself a smaller salary while your business is growing is the much smarter thing to do. The salary will come when your business is succesful and making profit. Not when it's still bleeding millions a year.
      But I agree their idea is pretty good. Glad it worked out for them, even though I disagree with how much salary they took

    • @8ktv475
      @8ktv475 Před 9 měsíci +3

      oh reallyyy?

    • @kingston163
      @kingston163 Před 9 měsíci +15

      On what basis exactly is it now worth $150 million?

  • @Yoniiiboy
    @Yoniiiboy Před rokem +9009

    He's not actually offering 30 mil tho, basically just checking them to see if they would take the deal or not. Good on them for saying no

    • @asphaltanimal8809
      @asphaltanimal8809 Před rokem +102

      Yes true 👍

    • @oliverdeeley
      @oliverdeeley Před rokem +244

      He did say that he was just asking a question. Which apparently the sisters missed. Because, they went out and said that "Mark Cuban offered them 30 mil for the company". Understandably so, why Mark still has a sting to this. No way he was going to offer the Kang sisters 30 mil.

    • @foodmatrix4578
      @foodmatrix4578 Před rokem +186

      Their refusal to disclose their user base soured the sharks on making a deal. Bumble has surpassed them in 2022 anyway

    • @roldanelvis2449
      @roldanelvis2449 Před rokem +26

      Totally. And mark has a very valid reason.

    • @davidgreen278
      @davidgreen278 Před rokem +76

      It’s called a clickbait title. You’re welcome.

  • @PaperGrape
    @PaperGrape Před rokem +4150

    I love the respect Cuban shows legit people. He's so ridiculously business smart.

    • @Eminence_1337
      @Eminence_1337 Před rokem +34

      He wouldn't have gotten to where he is if he wasn't.

    • @facemanfu1610
      @facemanfu1610 Před rokem +26

      90% success rate. Its fcking big number

    • @teddym2808
      @teddym2808 Před rokem +13

      Hence why he is a billionaire.

    • @kiriakoz
      @kiriakoz Před rokem +8

      I love how much you respect Mark Cuban.

    • @PaperGrape
      @PaperGrape Před rokem +6

      @@kiriakoz don't really know the guy.

  • @silvercat6425
    @silvercat6425 Před rokem +4068

    The company is now worth 150 million dollars, they made a smart decision on not taking $30 million

    • @AetheryXk
      @AetheryXk Před rokem +270

      He was asking if they would, not offering

    • @hitenbhanushali163
      @hitenbhanushali163 Před rokem +60

      This update just after 12 days?!

    • @mikedavison1466
      @mikedavison1466 Před rokem +67

      Based on what? Online dating is a FAD, and no one can tell me that this website brings in traffic like E-Harmony, or Bumble. Most people get dates through social networking, not online dating. that's a FACT.

    • @UndetectableBomber
      @UndetectableBomber Před rokem +7

      amazing

    • @thejudgeofyoutube8963
      @thejudgeofyoutube8963 Před rokem +84

      @@hitenbhanushali163 this is a reupload, the original video was made years ago.

  • @drewkelly3622
    @drewkelly3622 Před rokem +1307

    Mark really liked when they said no to his 30 mil offer, it was a test and they passed

    • @jerryfavorito3702
      @jerryfavorito3702 Před rokem +5

      He said No

    • @ryanadonis
      @ryanadonis Před 10 měsíci +4

      Yeah great test. He pretty much asked to see if these Kang Sisters cared about money. They have dad backing every last thing they ever do so they don't need to worry.

    • @republicofhandball8815
      @republicofhandball8815 Před 8 měsíci +1

      yeah, the application had $800k revenue last month (being august 2023)

    • @ryanadonis
      @ryanadonis Před 8 měsíci +3

      @@republicofhandball8815 ok, how much they still owe? also would like to see fact numbers

    • @republicofhandball8815
      @republicofhandball8815 Před 8 měsíci

      @@ryanadonis I have no access to such numbers, but on sensor tower site you could check how much a mobile application makes a month

  • @runitonce7791
    @runitonce7791 Před rokem +4305

    The sharks were right to pass. It was super risky. They just turned out to be a diamond in the rough. Good for them.

    • @plan-bsmoothies2430
      @plan-bsmoothies2430 Před rokem +335

      The company is worth 150 million right now

    • @topshelfdustin3060
      @topshelfdustin3060 Před rokem +79

      @@plan-bsmoothies2430 so would have been a 7x return if they weren't diluted in future rounds? And this is 8 years ago. With no dilution, great deal if a shark took it, but if they'd have been diluted, the return might not be there. Even then that's about a 40% annualized return, given the risk of a tank deal...still not a massive win best case.

    • @chiranthanmr
      @chiranthanmr Před rokem +130

      @@plan-bsmoothies2430 That is wrong. Valued at $150 million by a random attorney doesn't mean the company is worth that money. Many companies usually do it to make fame in turn to attract attention.

    • @adad-ec6ht
      @adad-ec6ht Před rokem +23

      tesla was also super risky at one point of time !!!

    • @adad-ec6ht
      @adad-ec6ht Před rokem +1

      @@plan-bsmoothies2430 that is disappointing. I would have thought it would cross a billion.

  • @BitterComments
    @BitterComments Před rokem +609

    Barbara: Coffee and bagels give me indigestion, and for that reason I’m out.

  • @Jake-uy8hq
    @Jake-uy8hq Před rokem +838

    i cant imagine going on a date w a girl and finding out she made the app we met on

  • @user-vi2yl7mc7k
    @user-vi2yl7mc7k Před 4 měsíci +165

    They rejected $30 million offer and Coffee Meets Bagel's net worth now is about $150 million. They really made it.

    • @bartacc
      @bartacc Před 4 měsíci +13

      They never had a 30 milion offer, he asked "IF I offered you...", that wasn't an offer, it was a hypothetical question. If he wanted to buy it, he would just say that he will pay xyz mil for a whole company. This title is just generating more clicks.
      To be clear, I don't think they'd sell it anyways because they already drew big investmenets according to what they said and they had large growth, but I think she still understood this is not an actual offer.

    • @marcellsimon2129
      @marcellsimon2129 Před 4 měsíci +7

      net worth doesn't mean a thing. it's worthless. but having 30 mil in your bank account means something. Even though it was not an offer, I would've taken the 30 mil and started 3 more companies...

    • @FM-dm8xj
      @FM-dm8xj Před 2 měsíci +1

      lmao imagine thinking its worth that much. Thats a projected valuation......

    • @nikonikoniko3086
      @nikonikoniko3086 Před 2 měsíci +1

      @@marcellsimon2129do you realize the process of making 3 more companies? It takes years and years for 3 business to be up, running, and be successful.

    • @thomasallen6980
      @thomasallen6980 Před 2 měsíci +1

      How do you know it would not be worth ten billion with proper financing and experience? Just throwing that out there. Depends on what you will do for money, I guess. Being ultra rich is a choice, I think it looks complicated.

  • @thatdude4542
    @thatdude4542 Před 8 měsíci +461

    Marks stated multiple times that this was never an offer but a hypothetical question. They're doing very well today so good on them for what they achieved

    • @dreamcatcher5502
      @dreamcatcher5502 Před 2 měsíci +3

      Yes, he said "if dom err one offered you 30 million" he did not say "I'll offer you 30 million". Very clever Mark 😂

  • @thLilJinx
    @thLilJinx Před rokem +316

    Thank you to the kang sisters, I found my husband thanks to coffee meets bagel

    • @brettpoe3069
      @brettpoe3069 Před rokem +21

      That's awesome! I found my wife on tinder lol

    • @Alex-hy8rd
      @Alex-hy8rd Před rokem +15

      So dating apps truly helps you find a “wife” “husband”? I’m 24 and never gave those apps a chance because i thought “dating apps” were useless and lame…. Mhmm something to think about

    • @natehiggers42069
      @natehiggers42069 Před rokem +11

      Aaaaand now they're divorced

    • @spaceinator73
      @spaceinator73 Před rokem +3

      ​@Hugh Dingwall lol! Thanks for the laugh😂

    • @JS-mw3ry
      @JS-mw3ry Před 11 měsíci +11

      Two of my girlfriends met their husbands there too, this site seems to produce marriage lol

  • @TruthPrevail777
    @TruthPrevail777 Před rokem +2352

    One of the most confident presentations in Shark Tank and total faith in their product. Well done ladies that's the attitude. Even Mark Cuban was so impressed. Wish you all the best. 👍

    • @mikedavison1466
      @mikedavison1466 Před rokem +1

      Totally glad that the investors turned down these scam artists. Online dating is a FAD, and never profitable.I''m sorry but that stupid chick in the middle forgot one thing, you can't date without GUYS. when women act like that, they stay SINGLE. That's why single women outnumber single men by the MILLIONS. Count me OUT! Typical Golddigging Kimchi women.

    • @TIMEDISORT
      @TIMEDISORT Před rokem +42

      So weird that they didn't share their total user base though.

    • @dh4444
      @dh4444 Před rokem +9

      ​@@TIMEDISORT yeah that was weird. Maybe privacy thing or contract with external company or investor idk

    • @shineykurian2537
      @shineykurian2537 Před rokem +11

      They are worth 150 million today.

    • @DeletedDevilDeletedAngel
      @DeletedDevilDeletedAngel Před rokem +7

      @@TIMEDISORT maybe they werent 100% sure the exact number because they didnt expect to be asked that question

  • @gregmckenzie8397
    @gregmckenzie8397 Před rokem +955

    These women are number/data geniuses....and mark knows!. Well done ladies.

    • @sokunthy2009
      @sokunthy2009 Před rokem +80

      They went to Harvard and Stanford so it’s clearly that they’re bright.

    • @khlua4590
      @khlua4590 Před rokem +16

      @@timothinking9855 but unfortunately, it doesnt even matter what you say. They now have annual revenue of $16 million with company valuation of $150 million.

    • @Dwade32
      @Dwade32 Před rokem +16

      @@khlua4590 revenue of 16 million is not a lot. That is barely more than the 10 million they were talking about half a decade ago

    • @chef222
      @chef222 Před rokem +2

      @@sokunthy2009 no dummy school is a joke

    • @iiRaWDaWG
      @iiRaWDaWG Před rokem +1

      @@chef222 unless it’s those schools🤣🤣🤣

  • @user-fw8eq9uk9d
    @user-fw8eq9uk9d Před 8 měsíci +101

    The girl on the left is the definition of when ur mom says “Take ur sister with u”

  • @ftd888
    @ftd888 Před 9 měsíci +78

    It also solves another huge problem - the fear of your coworkers, friends, clients, etc. finding your dating profile. It’s brilliant.

  • @inspyrelyfe
    @inspyrelyfe Před rokem +97

    I know many couples that met on coffee meets bagel that got married! They all are true believers of this app! Good for them

    • @JS-mw3ry
      @JS-mw3ry Před 11 měsíci +6

      Two of my girlfriends met their husbands there, this site seems to produce marriage lol

  • @hankocpharung1383
    @hankocpharung1383 Před rokem +360

    This is what a proper business investment meeting shouts be. There were no shenanigans, plain and simple. It was all about the risk. There was not much for the sharks to think.

  • @DreamBigJilly
    @DreamBigJilly Před rokem +65

    Thank you Kang sisters! I met my wonderful husband on CMB and I never would've met him otherwise. 🥰

    • @JS-mw3ry
      @JS-mw3ry Před 11 měsíci +7

      Two of my girlfriends met their husbands there, this site seems to produce marriage lol

  • @he0c0nnGhIch
    @he0c0nnGhIch Před rokem +403

    Thanks to this episode of shark tank. I was curious and made myself a profile. I ended up meeting my husband and we have been with each other 8 yrs. Many of our friends also met people there.

    • @mr.doctorcaptain1124
      @mr.doctorcaptain1124 Před rokem +35

      This episode is more than 8 years old? Dang

    • @TOBDNCNG-Marygrace
      @TOBDNCNG-Marygrace Před rokem +11

      Congratulations!

    • @methsara2210
      @methsara2210 Před rokem +1

      Damn! Congratulations and wish you best of luck to both of you.

    • @Bgramassfat
      @Bgramassfat Před rokem +7

      Imagine finding a husband on a dating app it’s sad people nowadays have to go on a stupid app to find someone to love instead of going outside to find someone themselves 😂😂😂😂

    • @controlcore1
      @controlcore1 Před rokem +1

      @@Bgramassfat do you think people bumped into each other like a meet cute before dating apps existed? get outta here, you shut-in

  •  Před rokem +10

    “ I’m not sharing the exact number “ - IM OUT !!! IM OUT Lol GOOD FOR him

  • @polyento3535
    @polyento3535 Před rokem +233

    These ladies are smart, 'cause even if they don't get a deal they get a free marketing for their business for just being on the show.

    • @insomnia20422
      @insomnia20422 Před rokem +17

      Huge marketing. That is actually worth so freaking much. Especially on the app market which is flooded...

    • @TheAbdou27
      @TheAbdou27 Před rokem +18

      Doesn't that apply to everyone who comes on the show?

    • @josephbartsch5525
      @josephbartsch5525 Před rokem +4

      i wouldnt say that that is smart. people who are 5 years old can understand the concept of publicity.

    • @harryhanna8388
      @harryhanna8388 Před 17 dny

      Sharks are venture capitalists. They are looking to turn 600 thousand dollar investment into a10 million dollar sell off to a large corporation.

  • @geraldokenzhi
    @geraldokenzhi Před 8 měsíci +40

    I'm amazed how these siblings have their enough self-confident about their business's potential in the future. they're such brilliant

  • @birdseye2239
    @birdseye2239 Před rokem +56

    "Though 30 million dollars MIGHT sound like a lot of money" at the end had me dying

  • @TheCineCuts
    @TheCineCuts Před rokem +429

    If someone is offering you 30 million dollars then you know your business is more worth than that.

    • @simba8665
      @simba8665 Před rokem +15

      Who cares you can always you that exit money to start something better with knowledge you have acquire. A sell is better than no sell.

    • @wendklenff133
      @wendklenff133 Před rokem +2

      @@runitonce7791 Runitonce member Here?!

    • @dustinvo6097
      @dustinvo6097 Před rokem +27

      Cuban just asked to test them. it was not a legit offer.

    • @macraeashwood4190
      @macraeashwood4190 Před rokem +2

      Dude if someone offers you 30mil you take it

    • @whengrapespop5728
      @whengrapespop5728 Před rokem +1

      @@macraeashwood4190 They’re worth over 150 million now. However, I think I might’ve taken the offer and reinvest.

  • @bigR...
    @bigR... Před rokem +62

    Just for everyone’s information, this company is now worth $160 million.

    • @thomasallen6980
      @thomasallen6980 Před 2 měsíci +1

      so what? With a partner, it might be worth 6 billion. Who knows?

  • @boltavoltabolt
    @boltavoltabolt Před rokem +27

    Mark saying "let her talk" is the sign that he got his eyes

  • @tapejara1507
    @tapejara1507 Před 20 dny +4

    "creepy strangers" everyone looks at Keviin :)
    i loved that.

  • @lexinicole4317
    @lexinicole4317 Před rokem +237

    I do not believe Mark gave them an offer. I believe it was a test, to challenge the value they placed on their company.

    • @maxfit68906
      @maxfit68906 Před rokem +15

      Of course it was a test. Had they accepted the offer, It would’ve proved that they had no faith in the business after trying to sell the sharks the future projections of its potential success.

  • @tomhenz
    @tomhenz Před rokem +16

    2022 and is now a US150 Millions Company. Mark Cuban is not stupid. He knew very well why he did that offer by then.

  • @StartUpwithSid
    @StartUpwithSid Před 9 měsíci +79

    Just googled about them now and saw that they are valued at $150 million with over 36 million in annual revenue. They are still not profitable !
    Robert said it correctly that they are not trying to make a business but just raising funds and acquiring customers.
    Having said that they still have managed to do what many couldn’t. Hats off to them ! 👍

    • @royfokerpoker1802
      @royfokerpoker1802 Před 9 měsíci +5

      Lmfao@still not profitable

    • @cchavezjr7
      @cchavezjr7 Před 6 měsíci +2

      What exactly is doing what many couldn't? Most people could start a company that never gets profitable...

    • @TheKrazyKajeevieShow
      @TheKrazyKajeevieShow Před 3 měsíci +1

      Absolute rubbish, they're worth over 150 million and very profitable now. What a stupid comment.

    • @user-ys1jq6kr8z
      @user-ys1jq6kr8z Před 2 měsíci

      You _had_ to use the ''Google'' branded 'search-engine' device to acquire this information?

  • @CrazyJaney61
    @CrazyJaney61 Před rokem +159

    Well done, ladies, and congratulations. I’m here to tell you it works. My son and future daughter-in-law met on Coffee Meets Bagel, and they will be getting married later this year.❤

    • @discoboy8169
      @discoboy8169 Před rokem +1

      oh God, it is will his worst decision ) IMHO) good luck to them )

    • @JS-mw3ry
      @JS-mw3ry Před 11 měsíci +12

      Two of my girlfriends met their husbands there too. This site seems to produce marriages lol

    • @kingston163
      @kingston163 Před 9 měsíci +1

      Marry in lust and haste and divorce/annul later!

    • @BabaBlack89
      @BabaBlack89 Před 9 měsíci

      ​@@kingston163salty single

    • @Varaidzo1
      @Varaidzo1 Před 9 měsíci +2

      I know someone who met their husband on there too

  • @judeanclay8381
    @judeanclay8381 Před rokem +217

    Either way they got free advertising and made a ridiculously free massive market outreach in just that episode. Now everyone thanks to Mark Cuban knows about Coffee and Bagel. They owe him for that strategy.

    • @rasyay
      @rasyay Před rokem +9

      What strategy they were doing this before mark Cuban only thing they got was the free publicity that everybody who comes on the tank gets but everybody doesn't succeed with there business

    • @brendonjones5774
      @brendonjones5774 Před rokem +1

      It was the best presentation I'd ever seen

    • @Walle1tv
      @Walle1tv Před 9 měsíci

      Business is worth 150 million now

  • @JohnChen-kg3rl
    @JohnChen-kg3rl Před 7 měsíci +11

    This group is a real one. Well researched unlike the shock watch scammer I watched earlier.

  • @ashrayan4590
    @ashrayan4590 Před rokem +84

    They are 100% confident what they are doing, and that business will grow up to billions I believe.

    • @user-kb4eh4gg8c
      @user-kb4eh4gg8c Před 11 měsíci +1

      yee already in the hundred millions

    • @nuknukisdead
      @nuknukisdead Před 9 měsíci +1

      They've peaked at 3 million active users in 2023. Their shares are completely diluted after raising $31 million from VC. Newer apps like Bumble have overtaken them completely in terms of users. This episode was filmed around 2015. They were claiming getting 4 million new users in 2015. Not too bad though. They've milked a lot of salary from the company since then and the money they are losing is VC money.

  • @tsungayie1081
    @tsungayie1081 Před rokem +432

    The fact that they are now worth 150million dollars says it all

    • @wasyhunseyfu
      @wasyhunseyfu Před rokem +8

      @@ParissaKhoury Try to google before you start an argument about something you don't know!

    • @wasyhunseyfu
      @wasyhunseyfu Před rokem +4

      @@ParissaKhoury You are right, I don't have to believe I'm talking with normal person too. Thank you.

    • @alejandrinahs
      @alejandrinahs Před rokem +6

      125M, but… same difference lol.

    • @airbvrne
      @airbvrne Před rokem +2

      @@ParissaKhoury bro u good?

    • @pooppee8146
      @pooppee8146 Před rokem +15

      @@airbvrne no he’s not, and for that reason, I’m out.

  • @gswonlocks
    @gswonlocks Před rokem +16

    He has openly said I did not offer that. He asked a question

  • @odessaknows3783
    @odessaknows3783 Před rokem +15

    Barbara: I didn't get a coffee, a bagel or a date and so for the reason I'm out. 😅😅

    • @REDMAN298
      @REDMAN298 Před měsícem

      she`s gota tie a pork chop around her neck to get the dog to play with her

  • @MoneyMac18
    @MoneyMac18 Před 4 měsíci +12

    Holding onto something you believe in. That takes guts, and absolute dedication. Legends, wow, congratulations.

  • @Sugarypop13
    @Sugarypop13 Před rokem +7

    Aww i love them omg! Smart lovely ladies. Their parents must be so proud

  • @bennettbennettbennett
    @bennettbennettbennett Před rokem +261

    This ep shows how out of touch the Sharks were with the tech industry at the time, with the exception of Mark and Robert. $100k in SF was entry-level salary, having that strong of a CAC/LTV ratio was fantastic (although would def get worse later), and the correct play was absolutely to throw money in and grow to get market share rather than growing low/slow, dating apps are all about users. The biggest risk wasn't copycats, it was their 100% reliance on Facebook. Still not sure it was a GREAT deal at $10m but the questions were way off base imo

    • @DavidJones-pv8zz
      @DavidJones-pv8zz Před 11 měsíci +5

      we can see that sharks dont know much about the tech industry...they are focused mostly on traditional SMB than tech companies

    • @codexe.
      @codexe. Před 8 měsíci +1

      So true

    • @equinoxx8221
      @equinoxx8221 Před 6 měsíci

      You should have definitely been one of the host sharks for this episode😭😭🤝🏼spot on

    • @v1n3ger43
      @v1n3ger43 Před 6 měsíci

      Lori didn't mean 100k but total of 300k from the business and not many people make anything near that!!

    • @Money4Nuthing
      @Money4Nuthing Před 4 měsíci

      ​@@v1n3ger43you're right that not a lot of people make $100k annually in general. However, $100k is a fair salary in comparison to what they could earn working for a tech company instead of being entrepreneurs. They deserved to pay themselves that much.

  • @marcommj
    @marcommj Před 6 měsíci +45

    That 5% for 500K would now be worth 7.5 Million. absolutely insane, they missed out on

  • @janssundew6755
    @janssundew6755 Před rokem +76

    The "no" answer has been delivered with confident. That will tell you how much this ladies will work their ars@@# for this company. Pure respect here. My offer would be 1mil for 20% with respect. 🙂

  • @Rinz26
    @Rinz26 Před rokem +7

    The title of the video is inaccurate because Mark Cuban didn't actually make an offer, he just hypothetically asked them if they would take 30 million for the company

  • @Sugarypop13
    @Sugarypop13 Před rokem +25

    This is unbelievable! Good for them

  • @gaitathedon
    @gaitathedon Před rokem +337

    This is one of the best. And in history is one of the most successful products to have been presented in the tank.

    • @jgs_gamestudio9096
      @jgs_gamestudio9096 Před rokem +16

      Currently at 150 million net worth. Sharks really missed out here. Good job Kang sisters

    • @gappergob6169
      @gappergob6169 Před rokem +7

      @@jgs_gamestudio9096 not necessarily. It's probably like spending 100 million to get 150 million. When they finally burn all the money, it'll probably just collapse, unless they can continue to gather new investment.

    • @usmanmalik3302
      @usmanmalik3302 Před rokem +5

      @@gappergob6169 they most defiantly did not spend $100 million.

    • @zakuja
      @zakuja Před rokem +8

      @@gappergob6169 Their "net worth" is 150 million. That means net of liabilities, they still have a worth of 150 million. They have 150 million to invest in themselves.

    • @woonhakk
      @woonhakk Před rokem +2

      @Bussiness Name maybe they know by doing a quick google search

  • @insightinspiration9922
    @insightinspiration9922 Před rokem +64

    I wish I was in that position where people come to me to beg for my money and I could buy into the coolest and most rewarding businesses. Best job ever!

    • @jgs_gamestudio9096
      @jgs_gamestudio9096 Před rokem +6

      They aren’t really begging when they are offering money in return. I do hope I can do the same for indie game developers

    • @jennifergersch9126
      @jennifergersch9126 Před 9 měsíci

      Seriously!

    • @jennifergersch9126
      @jennifergersch9126 Před 9 měsíci +1

      However, their backs have been against the wall before. Read Barbara's book. It was definitely not an easy rise.

  • @jetpackwale2562
    @jetpackwale2562 Před rokem +11

    Dad did a great job with them 👏🏾

  • @Said1985ize
    @Said1985ize Před rokem +17

    $100k is not a lot of money in the Bay Area. thats about $6k a month after taxes. a small studio rents for $2.5k. In San Francisco expect to pay $4-5k for a studio.

    • @ryanx633
      @ryanx633 Před rokem

      This episode is from Season 6, 8 years ago, still a fair pay tho.

    • @boogidwnej179
      @boogidwnej179 Před rokem

      @@tune2gr3is82 100k in SF or most of the peninsula won’t cut it. But on the east bay, from Fremont up Richmond 100k is plentty.

    • @robinabernathy2829
      @robinabernathy2829 Před rokem +1

      @@tune2gr3is82 You can get an apartment. I'm sure everyone that lives in SF isn't pulling down multiple six figures a year. The whole SF is super expensive thing is oversold.

  • @WheatShaw
    @WheatShaw Před 5 měsíci +1

    The first smile on Barbara's face lets me know that she's out, there's a truth in her eyes saying she'll always go out, the touch of her words will pick me up whenever I fall..... Barbara says it best, when she says she's out.....

  • @mihaeladog7187
    @mihaeladog7187 Před rokem +102

    They believe in what they do , that’s the key to success 🎉

    • @dismalthoughts
      @dismalthoughts Před rokem +2

      It doesn't matter how much you believe you can fly if you jump off a cliff. Yes, belief in oneself and your mission is a HUGE positive factor, and it'd be a miracle to succeed in business without it, but belief alone is not going to get you there. It is not *the* key, it is *one* key through a door with several locks.

    • @peacefighter7404
      @peacefighter7404 Před rokem

      @@dismalthoughts every success stories begins from believing themselves.

    • @discoboy8169
      @discoboy8169 Před rokem

      You can believe in what you do, but you have to use your brain. There is no magic or guarantees in this tough world.

    • @ashtonndlovu9470
      @ashtonndlovu9470 Před 5 dny

      ​@@dismalthoughtsBro is yapping 💀

  • @Kikee11
    @Kikee11 Před rokem +61

    They are definitely going to get exposure from this show 😂

  • @maukamakai5.0
    @maukamakai5.0 Před rokem +97

    Sharks missed on a huge meal. The company is now worth $150M. A $500k investment for 5% would now be worth $7.5M!

    • @MrHifihifi
      @MrHifihifi Před rokem +11

      The thing is they don't care because they don't need the money! That's what the Entrepreneurs unfortunately don't get. I wasn't impressed with this company or app.

    • @jgs_gamestudio9096
      @jgs_gamestudio9096 Před rokem

      @@AuntBooeveryone gets hacked now, there’s not much you can do if you are a target

    • @jomangeee9180
      @jomangeee9180 Před rokem +7

      .5 to 7.5 mill in 10 years if hardly the return on investment these people would salivate over!!

    • @jgs_gamestudio9096
      @jgs_gamestudio9096 Před rokem

      @@jomangeee9180 but it’s still a loss

    • @jomangeee9180
      @jomangeee9180 Před rokem +1

      @@jgs_gamestudio9096 a loss is being deprived of something you own! they never had ownership in that project! it is a 'loss' if they made no other investments in 10 years to realize such return!

  • @DavidPerez-cr7ig
    @DavidPerez-cr7ig Před 5 měsíci +1

    To get an excellent presentation comment from Kevin at the end speaks volumes!!!

  • @dankool688
    @dankool688 Před 2 měsíci +2

    It all starts at home, good parenting and congrats to these smart sisters succeeding..

  • @singularsink
    @singularsink Před 8 měsíci +6

    Title is clickbait! That was not an offer, Mark was testing them if they trusted themselves, they passed which Mark acknowledged by nodding his head, but no way he was offering 30M. If they said yes Mark would have simply said that they did not trust in themselves so he was still out :)

    • @jojobee42
      @jojobee42 Před 8 měsíci

      EXACTLY, thank you!! He's done that before and when they said 'yes' he said they don't trust the business...

  • @billbinmei
    @billbinmei Před rokem +7

    Total Coffee Meets Bagel mobile app revenue in October 2022 was $1m, including $700k for iOS apps and $300k for Android apps. Total mobile app downloads for Coffee Meets Bagel was 200k, including 100k iOS app downloads and 60k Android app downloads. Coffee Meets Bagel has a total of 4 apps, including 2 iOS apps, and 2 Android apps. Their top grossing app last month was Coffee Meets Bagel Dating App and their most downloaded app was Coffee Meets Bagel Dating App.

  • @bobbywalsh7767
    @bobbywalsh7767 Před rokem +2

    At 8:30 Cuban is having an epiphany…. Meditative talk with his universal gods getting that feeling he gets when he understands there is an opportunity and he’s going to take at and go all in.

  • @a.l7025
    @a.l7025 Před rokem +31

    I am going to sign up on their website, I love those 3 ladies already.

  • @SuniL.KrishnA
    @SuniL.KrishnA Před rokem +4

    Thr most impressive episode since I started watching Shark Tank from the very first episode.
    🎉🎉❤

  • @giorgiodomesi9571
    @giorgiodomesi9571 Před rokem +5

    Cuban said months later that he would've never paid 30 million, he said that he was talking "theoretically"

  • @39zack
    @39zack Před rokem +105

    Dang I wish I was in their position and could just be like "Well, Im taking 100K for myself, but its OK because its less than I used to earn"

    • @radiance65
      @radiance65 Před rokem +8

      I know. That hit home to me too 🤣

    • @billaroundtheglobe
      @billaroundtheglobe Před rokem +18

      Yeah, but you're also forgetting they live in San Francisco. A 100k salary is like 30k is most other cities. Point taken though.

    • @jgs_gamestudio9096
      @jgs_gamestudio9096 Před rokem +4

      @@billaroundtheglobepeople just don’t know how to live once they make 100K a year. There’s people making 50-60K a year doing just fine in nice neighborhoods in SF.

    • @skyestinson6499
      @skyestinson6499 Před rokem +5

      @@jgs_gamestudio9096 You can't even get approved for rent at a 50-60k salary in a nice neighborhood. Maybe if you lived with family and didn't have any loans then sure.

    • @jgs_gamestudio9096
      @jgs_gamestudio9096 Před rokem

      @@skyestinson6499 true…

  • @TonyHulk
    @TonyHulk Před měsícem +2

    They didn't come on for a deal, they came on for exposure

  • @ishaandave7697
    @ishaandave7697 Před rokem +79

    Good on them for not taking the deal. They are now worth 150 million dollars

    • @ninjaninja9954
      @ninjaninja9954 Před rokem +3

      Yeah true. But you never know the future it may have gone the other way so it was a bet that paid off. Maybe they shouda said if you offer 60 mil we will take it

    • @neilldn74
      @neilldn74 Před rokem +3

      No they aren't.

    • @favorhere
      @favorhere Před rokem +3

      where did you read that?

    • @theduk379
      @theduk379 Před rokem +3

      They are worth 150 m lol you guys made me google it

    • @seymoresmithh8908
      @seymoresmithh8908 Před rokem +3

      Their site is worth $150 mil, they (the sisters) are not. They still had to raise capital after appearing on ST and received around $23 million from various investors shortly after ST. But they do still have a share of the company instead of taking $30 mil but no shares.

  • @strellmar8460
    @strellmar8460 Před rokem +123

    This BOOSTED my confidence and belief that in business, it's not all about the moneh. It's about their passion,dedication and passion they put in that give these highly intellectual sisters the highest confidence in their business...this to me...is the BIGGEST INVESTMENT they could put in. Harvard and Stanford didn't just exist for no reason...here's one proof.😊

    • @jeffwood5614
      @jeffwood5614 Před rokem

      so true

    • @truthvigilante2180
      @truthvigilante2180 Před rokem +3

      This isn’t a business it’s an app

    • @Sawcon4
      @Sawcon4 Před rokem

      The moneh!!!!

    • @bruh.2516
      @bruh.2516 Před rokem

      To be fair though there’s WAY more successful entrepreneurs that didn’t go to Harvard or Stanford than there are. Creating a good product and finding good marketing doesn’t require a 600 thousand dollar degree

    • @truthvigilante2180
      @truthvigilante2180 Před rokem

      @@bruh.2516 For sure. If someone spends years of their life in their prime in these indoctrination camps and goes hundreds of thousands of dollars in debt that’s basically an indication to me they’re not very intelligent. Of course there are exceptions if someone really wants to be a doctor or lawyer or something but generally speaking the piece of paper isn’t worth it for most people.

  • @vinzanity68
    @vinzanity68 Před 2 měsíci +1

    Love it when the sharks rib Kevin and he just grins and takes it wonderfully 😂

  • @mikeanderson9266
    @mikeanderson9266 Před 9 měsíci +5

    Mark "did not offer" he said IF I did offer 30M. He wanted to see their response.

  • @kingjulian376
    @kingjulian376 Před rokem +19

    I think he just wanted to check if it was a scam. mark is not an amateur

  • @adrianrodriguez6869
    @adrianrodriguez6869 Před rokem +36

    That 30 million dollars was a trap question. She was smart enough to say no. He would have never paid that.

  • @williamayres692
    @williamayres692 Před 8 měsíci +7

    Mark said I'm out but still had interest in it. He would've bought the company if she told him yes❤

    • @jojobee42
      @jojobee42 Před 8 měsíci +4

      I think he was just testing them...

  • @HT-vd4in
    @HT-vd4in Před 9 měsíci +36

    Wow, this father did a great job 👏🏻

  • @anandpopat2549
    @anandpopat2549 Před rokem +3

    First time I got to dislike a Shark Tank clip for Clickbait. He ASKED them "IF he offered them $30 million would, you take it?" he did NOT make an offer. Furthermore he was out before he asked his question.

  • @oli.y
    @oli.y Před rokem +47

    Barbara: I don't like Coffee or Bagels and for those reasons I'm out.

  • @kalumola17
    @kalumola17 Před 7 měsíci +4

    3:05 that’s actually really mean 😭 😂

  • @Varun-hw2yr
    @Varun-hw2yr Před rokem +14

    I think the $300,000 in founders salary killed their interest. It gave the impression that founders want to put their interests over the business. They want to play safe. If this doesn't work atleast I got $100,000 for the year. They could have paid themselves $50,000 each just to pay off their rents and expenses. And use the money on the product. Thereby proving their commitment.

  • @mrbakedbean7315
    @mrbakedbean7315 Před rokem +43

    Barbara: I like meat and for that reason I’m in.
    Also Barbara: I’m out.

  • @mashedpotatoes7854
    @mashedpotatoes7854 Před rokem +658

    I think Mark had the right idea by trying to buy the company outright. Most of the time you like to invest in the people, in this case the people are the liability. The product is good in a market that’s going to continue to grow, but the fact that they’re paying themselves a six-figure salary after having to raise most of what they had, are expecting to lose all of the ten million they are projecting the following year, and aren’t even willing to share the current number of subscribers, shows me that the sharks were correct in not getting into business with them.

    • @jeanirizarry8400
      @jeanirizarry8400 Před rokem +78

      They are currently worth 150mil. They were the right people.

    • @mashedpotatoes7854
      @mashedpotatoes7854 Před rokem +121

      @@jeanirizarry8400 They needed 5 rounds of funding to accumulate over $23 million from 10 different investors and so far it has taken 11 years to generate less than 3.5% of what they claimed they would generate yearly. I can only imagine how little of the company they still own with that much outside funding required.

    • @aniketprasad3128
      @aniketprasad3128 Před rokem +58

      They are from San Francisco. 100k salary is still low-end there.

    • @mashedpotatoes7854
      @mashedpotatoes7854 Před rokem +17

      @@aniketprasad3128 this episode aired in 2015. There’s no chance they didn’t give themselves massive raises since then.

    • @AC-hh2cb
      @AC-hh2cb Před rokem +12

      @@mashedpotatoes7854 it was low in 2015 lol

  • @gregap8282
    @gregap8282 Před 7 měsíci +2

    The way she said no. Iconic

  • @sv4851
    @sv4851 Před měsícem +3

    Misleading title. He never offered them anything. He asked them a question

  • @thecatwithnohome722
    @thecatwithnohome722 Před rokem +6

    sales... $87,000.... Mark picks up his notebook again 😂

  • @callofduty9465
    @callofduty9465 Před 10 měsíci +5

    man im obsessed with this show and dont care who says what i cant get enough of this haha i wouldnt take none of the deals on shark tank i dont really trust these people if you ask me

  • @nanodudek
    @nanodudek Před rokem +8

    CEO: 'loses a million dollars'
    Also CEO: pays self and sisters $300,000

    • @philipproach6905
      @philipproach6905 Před rokem +3

      CEO. Company worth 150m
      Also CEO: pays self and sisters 3m month ⚠

  • @frankdent8767
    @frankdent8767 Před 10 měsíci +3

    DAMN, their confidence. 💪🏽💯

  • @ruok.....
    @ruok..... Před rokem +13

    Would’ve been more interesting show if they said yes and see how mark would react

  • @jmreeves89
    @jmreeves89 Před rokem +10

    Drawing a 100k salary is absolutely ridiculous and says a lot about them. I wouldn't partner solely for that reason.

    • @varisarising
      @varisarising Před 4 měsíci

      100k/yr in San Francisco is not that much. It's one of the most expensive U.S. cities to live in.

  • @klabkebash
    @klabkebash Před rokem +6

    Question: If they source from Facebook, what's to stop FB from creating their own app doing the exact same thing? =/

  • @spencerkimori5371
    @spencerkimori5371 Před 6 měsíci +2

    My favorite person mark cuban

  • @moblz
    @moblz Před rokem +13

    This is an older episode. Not brand new. They now have millions of users, but a few years ago, they lost a lot of the user's data and trust.

  • @mynameissang
    @mynameissang Před rokem +12

    Oculus, a Facebook/Meta company, was given so much flack for requiring a Facebook account for the Quest 2. Seems kinda ridiculous that a 3rd party app requires it.

    • @Atcraftcity
      @Atcraftcity Před 2 měsíci

      Kind of creepy having an app creeping through all your facebook stuff searching for “who” you are! No way!

  • @XxFAMOUSxX19
    @XxFAMOUSxX19 Před rokem +1

    8:29 ... Mark sleeping while Kevin's talking lmao

  • @lorenza2589
    @lorenza2589 Před 11 měsíci +1

    3:54 this is super key here. This is precisely the example to use to illustrate the difference between User Interface Design (UI) and User Experience Design (UX).
    Its so good! What do others think here?

  • @dralfred2400
    @dralfred2400 Před rokem +219

    Most times it amazes me greatly how I moved from an average lifestyle to earning over $63k per month, Utter shock is the word. I have understood a lot in the past few years that there are lots of opportunities in the financial market. The only thing is to know where to invest.

    • @bjoe631
      @bjoe631 Před rokem +1

      I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or bitcoin and stocks.

    • @nyreggie
      @nyreggie Před rokem

      I keep wondering how people earn money in financial markets, i tried trading bitcoin on my own made a huge loss and now I'm scared of investing more.

    • @dralfred2400
      @dralfred2400 Před rokem

      @@nyreggie That won't bother you if you trade with a professional like *Mr Gary Mason Brooks* my consultant. I found him on a CNBC interview where he was featured and reached out to him afterwards. He has since provide entry and exit points on the securities I focus on. I basically follow his trade pattern and haven’t regretted doing so.

    • @nyreggie
      @nyreggie Před rokem

      @@dralfred2400 You allow people to trade for you? that's interesting, I would love to learn, hope it’s safe?

    • @zombie15ish
      @zombie15ish Před rokem

      @@susanhaynes679 Well this not my first time of seeing this name on social platform. do you know him? if yes , did you invest with him?

  • @doodstolentino7604
    @doodstolentino7604 Před měsícem +4

    They now have 5M downloads

  • @elly5354
    @elly5354 Před 11 měsíci +2

    Omg this show created many great stories 🎉

  • @Garbino99
    @Garbino99 Před měsícem +1

    Today Coffee meets Bagel is estimated to be worth more than $150 million, that's crazy, good for them!

  • @stevengreidinger8295
    @stevengreidinger8295 Před rokem +92

    An extremely well-credentialed management team with a vision of how to market dating specifically to single women. Kicking them out of the business was the wrong move, even before we knew what happened later. Cuban put forward the wrong deal.

    • @robertroberts3rd265
      @robertroberts3rd265 Před rokem

      What happened later?

    • @stevengreidinger8295
      @stevengreidinger8295 Před rokem +3

      @@robertroberts3rd265 Extremely successful app with millions of users worth hundreds of millions of dollars. It is a noticeably different dating experience.

    • @cheery-hex
      @cheery-hex Před rokem +1

      100% agree Cuban lost out here

  • @AreyemMeyera
    @AreyemMeyera Před rokem +6

    30m is a good deal. They will no longer have to risk and worry about losing money over their website. Ni more risk. Let that sink in.
    The only reason why it’s value rose to over a 100m days after this aired was because of the publicity. After this peak, who knows what will happen to it.
    Sure, it may be profitable, but 30m is a risk for the one buying it and guaranteed bread for the sellers for years.

  • @zinger8276
    @zinger8276 Před 2 měsíci +2

    Coffee Meets Bagel's worth in 2023 is estimated to be $150 million. But its total revenue was $1 million, including $800k for iOS apps and $300k for Android apps? In business for 11 years how are they worth 150 Million?

  • @Shortywalker
    @Shortywalker Před 10 měsíci +5

    And now the business is worth 150Million! Well done ladies!!

  • @MJ18888
    @MJ18888 Před rokem +15

    I can’t believe Coffee Meets Bagel was on Shark Tank! It is very popular in big cities 😮

  • @anuraga47
    @anuraga47 Před měsícem

    Speciality of these people is they are always smiling and without under eye bags