Shark Tank: How’s Coffee Meets Bagel Doing Today?

Shark Tank: How’s Coffee Meets Bagel Doing Today?

Shark Tank offers entrepreneurs within the very early phases of developing their company an amazing chance to gain funding to advance their businesses further. A vast range of business ideas have been presented to the Sharks over the years. Though some of those have already been a flop, there were many revolutionary and unique companies that have actually impressed the Sharks because they revealed potential that is huge. One idea that is such the Sharks revealed fascination with was Coffee Meets Bagel.

Coffee satisfies Bagel is just a dating and social network site that ended up being launched in April 2012 by sisters Arum, Dawoon, and Soo Kang. The siblings made a bid for investment within an bout of Shark Tank that aired in 2015 january. An investment was wanted by them of $500,000 in return for 5% of the business.

Their pitch impressed the Sharks therefore much that Mark Cuban made the bid that is biggest within the reputation for the show. Instead of providing the siblings the $500,000 they desired for the 5% stake, he offered them $30 million for the business that is entire. This bid astounded audiences and even astonished Cuban’s fellow Sharks.

But, the Kang siblings are not ready to spend their company and, to your security of numerous audiences, turned along the offer. They explained that they wanted to retain control of the business they created that they believed their business would become more valuable than the offer made by Mark Cuban and. [Read more…]

Who Fares Best in Online Dating Sites?

Who Fares Best in Online Dating Sites?

The dating landscape has changed a great deal since Match.com launched its digital doorways in 1995. In 2015, online dating services and mobile dating apps comprised almost 75% of this $2.4 billion each year industry that is dating based on the Wall Street Journal. Intrigued, we took to the streets—or instead, Bing Consumer Surveys 1 — for more information about the wherein, who, and exactly why of online dating sites.

It turns out age may be the predictor that is biggest of exactly how individuals feel about internet dating services. Self-esteem in the popularity of those solutions decreases with age. The 65+ group is more guarded; about 70% of them think online daters are looking for love in all the wrong places while the majority of 18-24 year-olds are optimistic about online dating prospects.

The younger audience is much more available to online dating sites, possibly because they’re convenient with technology general. Millennials and Generation Z-ers are “digital natives”– they’re the generation that is first mature with all the internet, social media, cellular phones, etc. They normally use their computers and smart phones for anything from finding spot for eating to purchasing a motor vehicle, so utilizing it to locate a companion is not much of the stretch.

Anecdotal proof is from the Millennials’ side; more than half say somebody inside their social group has already established a relationship that began on a dating site. As online dating gets to be more commonplace and accepted, young love seekers are using into the online more willingly than their elders. [Read more…]