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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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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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23 окт 2022

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Комментарии : 1,7 тыс.   
@shineykurian2537
@shineykurian2537 Год назад
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 Год назад
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 Год назад
200 million now!
@keesdekarper
@keesdekarper Год назад
@@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 10 месяцев назад
oh reallyyy?
@kingston163
@kingston163 10 месяцев назад
On what basis exactly is it now worth $150 million?
@PaperGrape
@PaperGrape Год назад
I love the respect Cuban shows legit people. He's so ridiculously business smart.
@Eminence_1337
@Eminence_1337 Год назад
He wouldn't have gotten to where he is if he wasn't.
@facemanfu1610
@facemanfu1610 Год назад
90% success rate. Its fcking big number
@teddym2808
@teddym2808 Год назад
Hence why he is a billionaire.
@kiriakoz
@kiriakoz Год назад
I love how much you respect Mark Cuban.
@PaperGrape
@PaperGrape Год назад
@@kiriakoz don't really know the guy.
@Yoniiiboy
@Yoniiiboy Год назад
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 Год назад
Yes true 👍
@oliverdeeley
@oliverdeeley Год назад
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 Год назад
Their refusal to disclose their user base soured the sharks on making a deal. Bumble has surpassed them in 2022 anyway
@roldanelvis2449
@roldanelvis2449 Год назад
Totally. And mark has a very valid reason.
@davidgreen278
@davidgreen278 Год назад
It’s called a clickbait title. You’re welcome.
@drewkelly3622
@drewkelly3622 Год назад
Mark really liked when they said no to his 30 mil offer, it was a test and they passed
@jerryfavorito3702
@jerryfavorito3702 Год назад
He said No
@ryanadonis
@ryanadonis 11 месяцев назад
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 9 месяцев назад
yeah, the application had $800k revenue last month (being august 2023)
@ryanadonis
@ryanadonis 9 месяцев назад
@@republicofhandball8815 ok, how much they still owe? also would like to see fact numbers
@republicofhandball8815
@republicofhandball8815 9 месяцев назад
@@ryanadonis I have no access to such numbers, but on sensor tower site you could check how much a mobile application makes a month
@silvercat6425
@silvercat6425 Год назад
The company is now worth 150 million dollars, they made a smart decision on not taking $30 million
@AetheryXk
@AetheryXk Год назад
He was asking if they would, not offering
@hitenbhanushali163
@hitenbhanushali163 Год назад
This update just after 12 days?!
@mikedavison1466
@mikedavison1466 Год назад
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 Год назад
amazing
@thejudgeofyoutube8963
@thejudgeofyoutube8963 Год назад
@@hitenbhanushali163 this is a reupload, the original video was made years ago.
@thatdude4542
@thatdude4542 9 месяцев назад
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 2 месяца назад
Yes, he said "if dom err one offered you 30 million" he did not say "I'll offer you 30 million". Very clever Mark 😂
@sir.636
@sir.636 12 дней назад
He stated that in the show too...
@AH-te5gs
@AH-te5gs 8 дней назад
@@dreamcatcher5502 He said "if I offered you"
@BitterComments
@BitterComments Год назад
Barbara: Coffee and bagels give me indigestion, and for that reason I’m out.
@Alex-Ander517
@Alex-Ander517 Год назад
lmfao
@Jesuslovesyou0316
@Jesuslovesyou0316 Месяц назад
God loves you so! John 3:16✝️
@shoWbitz
@shoWbitz Месяц назад
Meets sounds like Meats. And for those reasons, I'm out
@Dajizoids
@Dajizoids 14 дней назад
😅😅😂😂😂😂
@runitonce7791
@runitonce7791 Год назад
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 Год назад
The company is worth 150 million right now
@topshelfdustin3060
@topshelfdustin3060 Год назад
@@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 Год назад
@@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 Год назад
tesla was also super risky at one point of time !!!
@adad-ec6ht
@adad-ec6ht Год назад
@@plan-bsmoothies2430 that is disappointing. I would have thought it would cross a billion.
@Jake-uy8hq
@Jake-uy8hq Год назад
i cant imagine going on a date w a girl and finding out she made the app we met on
@davidortiz3094
@davidortiz3094 Год назад
My god.
@dubs4scrubs145
@dubs4scrubs145 Год назад
lol that whole plot is in a movie i forget which
@fxcessnigeriauni
@fxcessnigeriauni Год назад
At least she will be a millionaire eh?
@alpheusnong3837
@alpheusnong3837 Год назад
@@fxcessnigeriauni their business now is now worth 150 millions
@anythingandanywhere61
@anythingandanywhere61 Год назад
This comment is gnna blow 😂
@TruthPrevail777
@TruthPrevail777 Год назад
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 Год назад
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 Год назад
So weird that they didn't share their total user base though.
@dh4444
@dh4444 Год назад
​@@TIMEDISORT yeah that was weird. Maybe privacy thing or contract with external company or investor idk
@shineykurian2537
@shineykurian2537 Год назад
They are worth 150 million today.
@DeletedDevilDeletedAngel
@DeletedDevilDeletedAngel Год назад
@@TIMEDISORT maybe they werent 100% sure the exact number because they didnt expect to be asked that question
@thLilJinx
@thLilJinx Год назад
Thank you to the kang sisters, I found my husband thanks to coffee meets bagel
@brettpoe3069
@brettpoe3069 Год назад
That's awesome! I found my wife on tinder lol
@Alex-hy8rd
@Alex-hy8rd Год назад
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 Год назад
Aaaaand now they're divorced
@spaceinator73
@spaceinator73 Год назад
​@Hugh Dingwall lol! Thanks for the laugh😂
@JS-mw3ry
@JS-mw3ry 11 месяцев назад
Two of my girlfriends met their husbands there too, this site seems to produce marriage lol
@user-vi2yl7mc7k
@user-vi2yl7mc7k 5 месяцев назад
They rejected $30 million offer and Coffee Meets Bagel's net worth now is about $150 million. They really made it.
@bartacc
@bartacc 5 месяцев назад
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 4 месяца назад
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 3 месяца назад
lmao imagine thinking its worth that much. Thats a projected valuation......
@nikonikoniko3086
@nikonikoniko3086 2 месяца назад
@@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 2 месяца назад
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.
@ftd888
@ftd888 10 месяцев назад
It also solves another huge problem - the fear of your coworkers, friends, clients, etc. finding your dating profile. It’s brilliant.
@gregmckenzie8397
@gregmckenzie8397 Год назад
These women are number/data geniuses....and mark knows!. Well done ladies.
@sokunthy2009
@sokunthy2009 Год назад
They went to Harvard and Stanford so it’s clearly that they’re bright.
@khlua4590
@khlua4590 Год назад
@@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 Год назад
@@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 Год назад
@@sokunthy2009 no dummy school is a joke
@iiRaWDaWG
@iiRaWDaWG Год назад
@@chef222 unless it’s those schools🤣🤣🤣
@inspyrelyfe
@inspyrelyfe Год назад
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 11 месяцев назад
Two of my girlfriends met their husbands there, this site seems to produce marriage lol
@geraldokenzhi
@geraldokenzhi 9 месяцев назад
I'm amazed how these siblings have their enough self-confident about their business's potential in the future. they're such brilliant
@user-fw8eq9uk9d
@user-fw8eq9uk9d 8 месяцев назад
The girl on the left is the definition of when ur mom says “Take ur sister with u”
@jeffbeaudoin4544
@jeffbeaudoin4544 28 дней назад
Rude
@theanonymoustrader6852
@theanonymoustrader6852 25 дней назад
😂😂😂😂
@Digital_Native99
@Digital_Native99 2 дня назад
damn this is so spot on
@hankocpharung1383
@hankocpharung1383 Год назад
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.
@markreynolds9135
@markreynolds9135 8 месяцев назад
Shouts be?
@boltavoltabolt
@boltavoltabolt Год назад
Mark saying "let her talk" is the sign that he got his eyes
@tapejara1507
@tapejara1507 Месяц назад
"creepy strangers" everyone looks at Keviin :) i loved that.
@TheCineCuts
@TheCineCuts Год назад
If someone is offering you 30 million dollars then you know your business is more worth than that.
@simba8665
@simba8665 Год назад
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 Год назад
@@runitonce7791 Runitonce member Here?!
@dustinvo6097
@dustinvo6097 Год назад
Cuban just asked to test them. it was not a legit offer.
@macraeashwood4190
@macraeashwood4190 Год назад
Dude if someone offers you 30mil you take it
@whengrapespop5728
@whengrapespop5728 Год назад
@@macraeashwood4190 They’re worth over 150 million now. However, I think I might’ve taken the offer and reinvest.
@polyento3535
@polyento3535 Год назад
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 Год назад
Huge marketing. That is actually worth so freaking much. Especially on the app market which is flooded...
@TheAbdou27
@TheAbdou27 Год назад
Doesn't that apply to everyone who comes on the show?
@Redtornado6
@Redtornado6 Год назад
i wouldnt say that that is smart. people who are 5 years old can understand the concept of publicity.
@harryhanna8388
@harryhanna8388 Месяц назад
Sharks are venture capitalists. They are looking to turn 600 thousand dollar investment into a10 million dollar sell off to a large corporation.
@birdseye2239
@birdseye2239 Год назад
"Though 30 million dollars MIGHT sound like a lot of money" at the end had me dying
@VoidCommander808
@VoidCommander808 9 дней назад
Given their company is worth over 150 million a year later, I'd say they knew what they were doing.
@DreamBigJilly
@DreamBigJilly Год назад
Thank you Kang sisters! I met my wonderful husband on CMB and I never would've met him otherwise. 🥰
@JS-mw3ry
@JS-mw3ry 11 месяцев назад
Two of my girlfriends met their husbands there, this site seems to produce marriage lol
@he0c0nnGhIch
@he0c0nnGhIch Год назад
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 Год назад
This episode is more than 8 years old? Dang
@TOBDNCNG-Marygrace
@TOBDNCNG-Marygrace Год назад
Congratulations!
@methsara2210
@methsara2210 Год назад
Damn! Congratulations and wish you best of luck to both of you.
@Bgramassfat
@Bgramassfat Год назад
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 Год назад
@@Bgramassfat do you think people bumped into each other like a meet cute before dating apps existed? get outta here, you shut-in
@bigR...
@bigR... Год назад
Just for everyone’s information, this company is now worth $160 million.
@thomasallen6980
@thomasallen6980 2 месяца назад
so what? With a partner, it might be worth 6 billion. Who knows?
@MrSaemisch
@MrSaemisch 8 дней назад
Right, after many more equity raises. How much does that belong to existing shareholders at the time of this episode who could have had 30 million? They did many more rounds after this was recorded.
@tomhenz
@tomhenz Год назад
2022 and is now a US150 Millions Company. Mark Cuban is not stupid. He knew very well why he did that offer by then.
@leoym1803
@leoym1803 11 дней назад
Yeah but how much of their $16mill in revenue is profit? Cuban's offer was 30 years of profits, AT LEAST.
@JohnChen-kg3rl
@JohnChen-kg3rl 8 месяцев назад
This group is a real one. Well researched unlike the shock watch scammer I watched earlier.
@tsungayie1081
@tsungayie1081 Год назад
The fact that they are now worth 150million dollars says it all
@wasyhunseyfu
@wasyhunseyfu Год назад
@@ParissaKhoury Try to google before you start an argument about something you don't know!
@wasyhunseyfu
@wasyhunseyfu Год назад
@@ParissaKhoury You are right, I don't have to believe I'm talking with normal person too. Thank you.
@alejandrinahs
@alejandrinahs Год назад
125M, but… same difference lol.
@airbvrne
@airbvrne Год назад
@@ParissaKhoury bro u good?
@pooppee8146
@pooppee8146 Год назад
@@airbvrne no he’s not, and for that reason, I’m out.
@lexinicole4317
@lexinicole4317 Год назад
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 Год назад
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.
@judeanclay8381
@judeanclay8381 Год назад
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 Год назад
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 Год назад
It was the best presentation I'd ever seen
@Walle1tv
@Walle1tv 9 месяцев назад
Business is worth 150 million now
@Nick210
@Nick210 10 дней назад
To be fair, the same can be said about every business that appeared on Shark Tank. They aren’t all worth 150mil today.
Год назад
“ I’m not sharing the exact number “ - IM OUT !!! IM OUT Lol GOOD FOR him
@gswonlocks
@gswonlocks Год назад
He has openly said I did not offer that. He asked a question
@ashrayan4590
@ashrayan4590 Год назад
They are 100% confident what they are doing, and that business will grow up to billions I believe.
@user-kb4eh4gg8c
@user-kb4eh4gg8c Год назад
yee already in the hundred millions
@nuknukisdead
@nuknukisdead 10 месяцев назад
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.
@Rinz26
@Rinz26 Год назад
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
@CrazyJaney61
@CrazyJaney61 Год назад
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 Год назад
oh God, it is will his worst decision ) IMHO) good luck to them )
@JS-mw3ry
@JS-mw3ry 11 месяцев назад
Two of my girlfriends met their husbands there too. This site seems to produce marriages lol
@kingston163
@kingston163 10 месяцев назад
Marry in lust and haste and divorce/annul later!
@BabaBlack89
@BabaBlack89 9 месяцев назад
​@@kingston163salty single
@Varaidzo1
@Varaidzo1 9 месяцев назад
I know someone who met their husband on there too
@MoneyMac18
@MoneyMac18 5 месяцев назад
Holding onto something you believe in. That takes guts, and absolute dedication. Legends, wow, congratulations.
@gaitathedon
@gaitathedon Год назад
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 Год назад
Currently at 150 million net worth. Sharks really missed out here. Good job Kang sisters
@gappergob6169
@gappergob6169 Год назад
@@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 Год назад
@@gappergob6169 they most defiantly did not spend $100 million.
@zakuja
@zakuja Год назад
@@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 Год назад
@Bussiness Name maybe they know by doing a quick google search
@odessaknows3783
@odessaknows3783 Год назад
Barbara: I didn't get a coffee, a bagel or a date and so for the reason I'm out. 😅😅
@REDMAN298
@REDMAN298 2 месяца назад
she`s gota tie a pork chop around her neck to get the dog to play with her
@StartUpwithSid
@StartUpwithSid 10 месяцев назад
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 9 месяцев назад
Lmfao@still not profitable
@cchavezjr7
@cchavezjr7 7 месяцев назад
What exactly is doing what many couldn't? Most people could start a company that never gets profitable...
@TheKrazyKajeevieShow
@TheKrazyKajeevieShow 4 месяца назад
Absolute rubbish, they're worth over 150 million and very profitable now. What a stupid comment.
@user-ys1jq6kr8z
@user-ys1jq6kr8z 3 месяца назад
You _had_ to use the ''Google'' branded 'search-engine' device to acquire this information?
@marcommj
@marcommj 7 месяцев назад
That 5% for 500K would now be worth 7.5 Million. absolutely insane, they missed out on
@alexanderjang3598
@alexanderjang3598 7 месяцев назад
bro are u ok
@NicksHeine
@NicksHeine 5 месяцев назад
His math is correct
@dankool688
@dankool688 2 месяца назад
It all starts at home, good parenting and congrats to these smart sisters succeeding..
@TonyHulk
@TonyHulk Месяц назад
They didn't come on for a deal, they came on for exposure
@mihaeladog7187
@mihaeladog7187 Год назад
They believe in what they do , that’s the key to success 🎉
@dismalthoughts
@dismalthoughts Год назад
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 Год назад
@@dismalthoughts every success stories begins from believing themselves.
@discoboy8169
@discoboy8169 Год назад
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 27 дней назад
​@@dismalthoughtsBro is yapping 💀
@kalumola17
@kalumola17 8 месяцев назад
3:05 that’s actually really mean 😭 😂
@janssundew6755
@janssundew6755 Год назад
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. 🙂
@billbinmei
@billbinmei Год назад
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.
@hillaryconsultingservices
@hillaryconsultingservices Год назад
Maybe the back door is data collection
@billbinmei
@billbinmei Год назад
@@hillaryconsultingservices it totally is
@jetpackwale2562
@jetpackwale2562 Год назад
Dad did a great job with them 👏🏾
@adrianrodriguez6869
@adrianrodriguez6869 Год назад
That 30 million dollars was a trap question. She was smart enough to say no. He would have never paid that.
@Said1985ize
@Said1985ize Год назад
$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 Год назад
This episode is from Season 6, 8 years ago, still a fair pay tho.
@boogidwnej179
@boogidwnej179 Год назад
@@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 Год назад
@@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.
@giorgiodomesi9571
@giorgiodomesi9571 Год назад
Cuban said months later that he would've never paid 30 million, he said that he was talking "theoretically"
@Sugarypop13
@Sugarypop13 Год назад
This is unbelievable! Good for them
@bennettbennettbennett
@bennettbennettbennett Год назад
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 11 месяцев назад
we can see that sharks dont know much about the tech industry...they are focused mostly on traditional SMB than tech companies
@codexe.
@codexe. 9 месяцев назад
So true
@equinoxx8221
@equinoxx8221 7 месяцев назад
You should have definitely been one of the host sharks for this episode😭😭🤝🏼spot on
@v1n3ger43
@v1n3ger43 6 месяцев назад
Lori didn't mean 100k but total of 300k from the business and not many people make anything near that!!
@Money4Nuthing
@Money4Nuthing 5 месяцев назад
​@@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.
@Sugarypop13
@Sugarypop13 Год назад
Aww i love them omg! Smart lovely ladies. Their parents must be so proud
@singularsink
@singularsink 9 месяцев назад
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 9 месяцев назад
EXACTLY, thank you!! He's done that before and when they said 'yes' he said they don't trust the business...
@ishaandave7697
@ishaandave7697 Год назад
Good on them for not taking the deal. They are now worth 150 million dollars
@ninjaninja9954
@ninjaninja9954 Год назад
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 Год назад
No they aren't.
@favorhere
@favorhere Год назад
where did you read that?
@theduk379
@theduk379 Год назад
They are worth 150 m lol you guys made me google it
@seymoresmithh8908
@seymoresmithh8908 Год назад
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.
@HT-vd4in
@HT-vd4in 9 месяцев назад
Wow, this father did a great job 👏🏻
@39zack
@39zack Год назад
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 Год назад
I know. That hit home to me too 🤣
@billaroundtheglobe
@billaroundtheglobe Год назад
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 Год назад
@@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 Год назад
@@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 Год назад
@@skyestinson6499 true…
@DavidPerez-cr7ig
@DavidPerez-cr7ig 6 месяцев назад
To get an excellent presentation comment from Kevin at the end speaks volumes!!!
@sv4851
@sv4851 2 месяца назад
Misleading title. He never offered them anything. He asked them a question
@Kikee11
@Kikee11 Год назад
They are definitely going to get exposure from this show 😂
@jaszong
@jaszong Год назад
They already did many years ago
@seymoresmithh8908
@seymoresmithh8908 Год назад
This aired in 2015
@mikeanderson9266
@mikeanderson9266 9 месяцев назад
Mark "did not offer" he said IF I did offer 30M. He wanted to see their response.
@nanodudek
@nanodudek Год назад
CEO: 'loses a million dollars' Also CEO: pays self and sisters $300,000
@philipproach6905
@philipproach6905 Год назад
CEO. Company worth 150m Also CEO: pays self and sisters 3m month ⚠
@kingjulian376
@kingjulian376 Год назад
I think he just wanted to check if it was a scam. mark is not an amateur
@a.l7025
@a.l7025 Год назад
I am going to sign up on their website, I love those 3 ladies already.
@maukamakai5.0
@maukamakai5.0 Год назад
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 Год назад
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 Год назад
@@AuntBooeveryone gets hacked now, there’s not much you can do if you are a target
@jomangeee9180
@jomangeee9180 Год назад
.5 to 7.5 mill in 10 years if hardly the return on investment these people would salivate over!!
@jgs_gamestudio9096
@jgs_gamestudio9096 Год назад
@@jomangeee9180 but it’s still a loss
@jomangeee9180
@jomangeee9180 Год назад
@@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!
@SuniL.KrishnA
@SuniL.KrishnA Год назад
Thr most impressive episode since I started watching Shark Tank from the very first episode. 🎉🎉❤
@bobbywalsh7767
@bobbywalsh7767 Год назад
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.
@insightinspiration9922
@insightinspiration9922 Год назад
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 Год назад
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 10 месяцев назад
Seriously!
@jennifergersch9126
@jennifergersch9126 10 месяцев назад
However, their backs have been against the wall before. Read Barbara's book. It was definitely not an easy rise.
@WheatShaw
@WheatShaw 5 месяцев назад
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.....
@oli.y
@oli.y Год назад
Barbara: I don't like Coffee or Bagels and for those reasons I'm out.
@aligundogdu7668
@aligundogdu7668 Год назад
great comment😁😃
@chestnutlane1498
@chestnutlane1498 Год назад
Sick of weak. Barbara joked
@oli.y
@oli.y Год назад
@@HF1.0 nah it's still hilarious
@lupemartha6310
@lupemartha6310 Год назад
@@HF1.0 it's funny for me too
@thecatwithnohome722
@thecatwithnohome722 Год назад
sales... $87,000.... Mark picks up his notebook again 😂
@gregap8282
@gregap8282 8 месяцев назад
The way she said no. Iconic
@williamayres692
@williamayres692 9 месяцев назад
Mark said I'm out but still had interest in it. He would've bought the company if she told him yes❤
@jojobee42
@jojobee42 9 месяцев назад
I think he was just testing them...
@klabkebash
@klabkebash Год назад
Question: If they source from Facebook, what's to stop FB from creating their own app doing the exact same thing? =/
@jmreeves89
@jmreeves89 Год назад
Drawing a 100k salary is absolutely ridiculous and says a lot about them. I wouldn't partner solely for that reason.
@varisarising
@varisarising 5 месяцев назад
100k/yr in San Francisco is not that much. It's one of the most expensive U.S. cities to live in.
@vinzanity68
@vinzanity68 2 месяца назад
Love it when the sharks rib Kevin and he just grins and takes it wonderfully 😂
@skzcandy88
@skzcandy88 19 дней назад
Love how confident they were in their product
@callofduty9465
@callofduty9465 10 месяцев назад
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
@ruok.....
@ruok..... Год назад
Would’ve been more interesting show if they said yes and see how mark would react
@Varun-hw2yr
@Varun-hw2yr Год назад
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.
@nicholasnoriega1205
@nicholasnoriega1205 11 месяцев назад
Exactly, their ego was just disgusting. 100k? gtfo
@anandpopat2549
@anandpopat2549 Год назад
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.
@mrbakedbean7315
@mrbakedbean7315 Год назад
Barbara: I like meat and for that reason I’m in. Also Barbara: I’m out.
@warriormanmaxx8991
@warriormanmaxx8991 Год назад
@Mr BakedBean - Ohhhh ... you are SOOOO Funny !! (Not!)
@mynameissang
@mynameissang Год назад
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 2 месяца назад
Kind of creepy having an app creeping through all your facebook stuff searching for “who” you are! No way!
@sushimamba4281
@sushimamba4281 Год назад
Note that Mark said, "IF I offered you $30m..." He never actually made the offer.
@anuraga47
@anuraga47 2 месяца назад
Speciality of these people is they are always smiling and without under eye bags
@strellmar8460
@strellmar8460 Год назад
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 Год назад
so true
@truthvigilante2180
@truthvigilante2180 Год назад
This isn’t a business it’s an app
@Sawcon4
@Sawcon4 Год назад
The moneh!!!!
@bruh.2516
@bruh.2516 Год назад
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 Год назад
@@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.
@frankdent8767
@frankdent8767 11 месяцев назад
DAMN, their confidence. 💪🏽💯
@spencerkimori5371
@spencerkimori5371 7 месяцев назад
My favorite person mark cuban
@JJ-iu5hl
@JJ-iu5hl День назад
"This baby is going to explode" is the wildest thing I've heard all week
@mashedpotatoes7854
@mashedpotatoes7854 Год назад
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 Год назад
They are currently worth 150mil. They were the right people.
@mashedpotatoes7854
@mashedpotatoes7854 Год назад
@@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 Год назад
They are from San Francisco. 100k salary is still low-end there.
@mashedpotatoes7854
@mashedpotatoes7854 Год назад
@@aniketprasad3128 this episode aired in 2015. There’s no chance they didn’t give themselves massive raises since then.
@AC-hh2cb
@AC-hh2cb Год назад
@@mashedpotatoes7854 it was low in 2015 lol
@jameslynch2399
@jameslynch2399 5 месяцев назад
This episode was how long ago? I've never heard of this site, and I tried plenty of dating sites/apps for a while there.
@julremnacua3282
@julremnacua3282 8 месяцев назад
The woman in the middle saying "No" to Mark Cuban is music to my ears
@moblz
@moblz Год назад
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.
@poppactz
@poppactz Год назад
Imagine going on a date off of a dating app and the person created the app 😂
@elly5354
@elly5354 Год назад
Omg this show created many great stories 🎉
@jonnysuperglide
@jonnysuperglide 20 дней назад
Always wanted to meet mark he was my favorite on the shark tank god bless you mark be safe in all you do brother you got fans out here in the world brother
@XxFAMOUSxX19
@XxFAMOUSxX19 Год назад
8:29 ... Mark sleeping while Kevin's talking lmao
@Shortywalker
@Shortywalker 11 месяцев назад
And now the business is worth 150Million! Well done ladies!!
@gajrajsingh8291
@gajrajsingh8291 9 месяцев назад
Are they profitable?
@Shortywalker
@Shortywalker 9 месяцев назад
@@gajrajsingh8291 I guess so
@mashumyadav9036
@mashumyadav9036 4 месяца назад
At that time what's there business worth
@Masondurlach
@Masondurlach Год назад
He didn't make the offer he asked a question... big difference
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