Meet With The Harvard-Stanford MBA Sister Act Behind Millennial Dating App Coffee Meets Bagel
Arum and Dawoon Kang are dealing with Tinder due to their dating application for millennials
(Left to right) Dawoon, older sister Soo, and sister that is twin, pitch on tv program Shark Tank
Arum Kang arrived up because of the concept for Coffee Meets Bagel during an MBA at Harvard company class. She ended up being certainly one of a small number of pupils through the HBS MBA course of 2011 to be on to begin their very own company.
Today, Coffee Meets Bagel solutions globally. The Tinder-like relationship app has made over one billion introductions up to now, in charge of 100,000-plus partners in delighted relationships.
Arum operates the app—targeted at millennials—with her double sis Dawoon and older sis Soo. In 2015, they also pitched to a panel of high-profile investors on United States reality television show Shark Tank.
“i did son’t get to HBS reasoning I happened to be planning to begin a company, but being here absolutely exposed me more to entrepreneurship,” Arum recalls.
“In therefore numerous ways, my MBA experience permitted us become operator. We don’t think We may have gotten started after all if i did son’t have that community of individuals i possibly could make use of, which were therefore happy to help.”
Initially from Southern Korea, the Kang siblings result from category of business owners. Their dad went their scrap that is own iron; their mom handled a number of pubs and restaurants.
Dawoon has constantly had entrepreneurship inside her brain. While Arum went for Harvard, she selected Stanford on her behalf MBA.
After doing her MBA at Stanford during 2009, Dawoon invested years that are several JP Morgan until, whenever Arum graduated from Harvard, she joined up with forces along with her siblings to begin her very first company.
“We wished to take action that directly impacts individuals’ everyday everyday everyday everyday lives,” Dawoon recalls. “Dating arrived up as being a typical discomfort point.
“There’s plenty of fatigue and frustration with contemporary dating—i do believe it is become really complicated,” she continues. “I’m interested in using Coffee matches Bagel as an automobile to improve the discussion; to have this generation to share with you and link more authentically.
“once you consider major millennial dating apps now, there’s Tinder, Bumble, and Coffee Meets Bagel.”
On Coffee Meets Bagel, users are paired through an intelligent algorithm, deciding to either вЂlike’ or вЂpass’ a profile for the best prospective match.
In September 2017, the San company that is francisco-based lots and lots of matches to ascertain the вЂmost liked’ singles at company schools over the united states of america. There is debate one of the b-school community whenever ladies MBAs from Harvard had been reported as the utmost appealing (most liked regarding the software), as the many men that are liked from Stanford GSB.
“There spdate had been plenty of attractive individuals at Stanford!” Dawoon laughs. “With a lot of people that are like-minded there clearly was a ton of dating taking place. In a course of 300 individuals, there have been like 30 partners! We truly had my reasonable share of dating.”
When Dawoon speaks women in technology, she takes a far more severe tone. She’s keen to use her place as being a tech that is female to market the part of females in a business nevertheless dominated by guys.
“from the using computer technology course in university and reasoning, I usually do not belong right right here,” she states. I immediately thought; I’m not good at this“ I struggled and. I believe if there was in fact more women represented within the course, I would personallyn’t have jumped to your conclusions that are same quickly.
“It makes a difference that is huge young adults to see representation of one’s own sort employed in a specific industry,” she continues. We really need to get every person equally represented up for grabs.“If we really would like equality,”
Do you will need an MBA to be operator? “No,” Dawoon concludes. “But it is been extremely valuable for me personally.
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