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Shark Tankviewers witnessed a jaw-dropping moment when an entrepreneur turned down a staggering $30M offer from billionaire Mark Cuban. The bold decision made headlines as the founder believed the company’s potential far outweighed the lucrative deal. Cuban’s proposal, the largest ever offered on the show at the time, was an attempt to acquire 100% ownership of the business.
Despite the tempting figure, the entrepreneur held firm, betting on the long-term value of their brand. This gamble sparked endless debate and solidified the company’s place inShark Tankhistory as one of its most unforgettable moments.
When $30M wasn’t enough: The Kang sisters’ boldShark Tankmoment
“If I offered you $30 million for the company, would you take it?”The Kang sisters’ answer toMark Cuban’s offer was a resounding“NO”.
Back in 2015, the founders of Coffee Meets Bagel, a dating app with a fresh twist, made jaws drop onShark Tankby rejecting Cuban’s record-breaking offer to buy their company outright. Cuban’s $30M pitch was bold, but the sisters believed their app’s potential far exceeded the deal.
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Coffee Meets Bagel wasn’t just another swipe-based dating app. Sue, Dawoon, and Aram Kang, the trio behind it, envisioned a platform focused on intentional dating and women’s safety — an “anti-Tinder,” as they called it. Officially launched in 2012, the app limited women to just six curated matches daily, prioritizing quality over quantity.
Their journey wasn’t easy. The sisters quit high-powered jobs, left cushy lives behind, and relocated to San Francisco to build their dream. They sought $500,000 onShark Tankfor a 5% stake, but their financial losses and user count secrecy didn’t impress the Sharks. Just as Cuban bowed out, he stunned everyone with his $30M offer.
Rejecting the deal, they aimed for bigger stakes, projecting Coffee Meets Bagel’s worth at $500M. Bold? Yes. But their gamble paid off. A month later, they raised $7.8M in Series A funding, followed by $12M in 2018. Today, the app thrives with its thoughtful approach, curating women’s options for meaningful connections.
“They have supported us every step of the way”: Shark Tank Company Both Mark Cuban and Ashton Kutcher Invested in Experienced a Meteoric 300% Rise in Sales
The Kangs’ unwavering vision defied convention, turning a once-radical idea into a dating revolution.
Mark Cuban calls Bluesky the ‘holy grail’ for genuine, troll-free engagement
Mark Cuban isn’t holding back when it comes to his thoughts on Bluesky versus X (formerly Twitter). Calling it the “holy grail,” Cuban praised Bluesky’s user-owned threads and no-algorithm approach in a recent interview with Jules Terpak.
On Bluesky, Cuban highlighted a troll-free experience, a chronological feed, and customizable lists, unlike the algorithm-driven X. “You truly own your threads,” he said, referencing features like effective blocks and hidden replies.
With over 775K followers on Bluesky, Cuban enjoyed insane engagement and meaningful conversations—something he felt was long lost on X.“The engagement is insane.”
A Revolutionary Idea Can Make Shark Tank Wildly More Appealing, Weed Out Stingy Sharks Like Barbara Corcoran
Shark Tankis available to watch on Hulu & Apple TV.
Heena Singh
Editor | Former Senior Writer
Articles Published :1457
Heena Singh is a Editor at FandomWire, spent the last two years making waves in entertainment journalism. With a knack for digging up blockbuster celebrity scoops and an uncanny nose for the latest buzz, Heena’s articles bring a fresh and fun perspective to life. When she’s not conquering writing challenges, you’ll find her curled up in bed, peacefully sleeping.
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Mark Cuban
