Meet With The Harvard-Stanford MBA Sister Act Behind Millennial Dating App Coffee Meets Bagel

Meet With The Harvard-Stanford MBA Sister Act Behind Millennial Dating App Coffee Meets Bagel

Arum and Dawoon Kang are accepting Tinder along with 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 start out their very own company.

Today, Coffee Meets Bagel solutions globally. The dating that is tinder-like has made over one billion introductions up to now, accountable for 100,000-plus partners in delighted relationships.

Arum runs the app—targeted at millennials—with her double sibling Dawoon and older cousin Soo. In 2015, they also pitched to a panel of high-profile investors on United States truth television show Shark Tank.

“i did son’t get to HBS reasoning I happened to be likely to begin a company, but being here absolutely exposed me more to entrepreneurship,” Arum recalls.

“In therefore various ways, my MBA experience permitted me become a business owner. We don’t think We may have gotten started at all i possibly could make use of, that have been therefore ready to assist. if i did son’t have that system of men and women”

Initially from Southern Korea, the Kang siblings result from a grouped household of business owners. Their daddy ran their very own scrap iron company; their mom handled a number of bars and restaurants.

Dawoon has constantly had entrepreneurship inside her head. While Arum went for Harvard, she decided to go with Stanford on her MBA.

After finishing her MBA at Stanford during 2009, Dawoon invested many years at JP Morgan until, when Arum graduated from Harvard, she joined up with forces along with her siblings to start out her very very very very first company.

“We wished to make a move that directly impacts individuals’ everyday everyday everyday lives,” Dawoon recalls. “Dating arrived up as a pain point that is common.

“There’s plenty of fatigue and frustration with contemporary dating—i believe it is become really complicated,” she continues. “I’m interested in using Coffee suits Bagel as an automobile to alter the conversation; to obtain this generation to generally share 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 ‘like’ or ‘pass’ a profile to discover the best match that is potential.

In September 2017, the San Francisco-based business analyzed 1000s of matches to ascertain the ‘most liked’ singles at company schools throughout the united states of america. There was clearly debate one of the b-school community whenever ladies MBAs from Harvard had been reported as the utmost appealing (most liked in the software), as the many men that are liked from Stanford GSB.

“There had been lots of attractive individuals at Stanford!” Dawoon laughs. “With many people that are like-minded there was clearly a lot of dating going in. In a course of 300 individuals, there have been like 30 couples! We undoubtedly had my share that is fair of.”

When Dawoon speaks women in technology, she takes an even more severe tone. She’s keen to use her place as being a tech that is female to advertise the part of females in a business nevertheless dominated by males.

“from the using computer technology course in university and reasoning, I usually do not belong right right here,” she says. 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 into the exact same conclusions therefore quickly.

“It makes a difference that is huge young adults to see representation of these very own type doing work in a certain industry,” she continues. We really need to get every person equally represented up for grabs.“If we want equality,”

Do an MBA is needed by you to be a business owner? “No,” Dawoon concludes. “But it is been extremely valuable for me personally.

“One regarding the things you leverage will be your community. Employing the talent that is right getting good partnerships; all that comes right down to individuals we all know through the MBA.”