23 min
Why Rejecting $30 Million From Mark Cuban Was Her Best Business Move The Growth Show
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- Marketing
It was the largest offer in Shark Tank history. Mark Cuban offered Arum Kang $30 million for her dating app Coffee Meets Bagel. But she and her sisters swiped left, and that decision made them the targets of keyboard cowboys who labeled them “foolish” and “greedy”.
There was a specter of self-doubt, a discovery of the company’s real values, and a final rise above all the noise. Three years later, Kang feels zero regret for her decision to pass on the Shark’s tantalizing offer.
It was the largest offer in Shark Tank history. Mark Cuban offered Arum Kang $30 million for her dating app Coffee Meets Bagel. But she and her sisters swiped left, and that decision made them the targets of keyboard cowboys who labeled them “foolish” and “greedy”.
There was a specter of self-doubt, a discovery of the company’s real values, and a final rise above all the noise. Three years later, Kang feels zero regret for her decision to pass on the Shark’s tantalizing offer.
23 min