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

Meet Up 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 television show Shark Tank

Arum Kang arrived up utilizing the basic idea for Coffee Meets Bagel during an MBA at Harvard company class. She had been certainly one of a number of pupils through the HBS MBA course of 2011 to take to start out their very own company.

Today, Coffee Meets Bagel solutions globally. The Tinder-like relationship app has made over one billion introductions up to now, accountable for 100,000-plus partners in happy relationships.

Arum operates the app—targeted at millennials—with her sister that is twin Dawoon older cousin Soo. In 2015, they also pitched up to a panel of high-profile investors on United States truth television show Shark Tank.

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

“In therefore numerous methods, my MBA experience allowed me become a business owner. We don’t think We might have gotten started after all i really could make use of, which were therefore ready to help. if i did son’t have that community of men and women”

Originally from Southern Korea, the Kang siblings originate from a grouped group of entrepreneurs. Their dad went their very own scrap iron company; their mom managed a few pubs and restaurants.

Dawoon has constantly had entrepreneurship inside her brain. While Arum went for Harvard, she selected Stanford for her MBA.

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After doing her MBA at Stanford last year, Dawoon invested years that are several JP Morgan until, whenever Arum graduated from Harvard, she joined forces together with her siblings to begin her very very very first company.

“We desired to make a move that directly impacts individuals’ 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 improve the discussion; to have this generation to talk about and link more authentically.

“once you think of 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 prospective match.

In September 2017, the San Francisco-based business analyzed a large number of matches to ascertain the ‘most liked’ singles at company schools throughout 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 from the app), whilst the most liked males arrived from Stanford GSB.

“There had been lots of attractive individuals at Stanford!” Dawoon laughs. “With countless like-minded individuals, there is a ton of dating going in. In a course of 300 individuals, there have been like 30 partners! We undoubtedly had my share that is fair of.”

When Dawoon speaks women in tech, she takes a far more tone that is serious.

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 males.

“from the using computer technology course in university and reasoning, I usually do not belong right right here,” she claims. I immediately thought; I’m not good at this“ I struggled and. I believe if there was indeed more women represented when you look at the course, I would personallyn’t have jumped to your conclusions that are same quickly.

“It makes a massive difference for young adults to see representation of these very own type employed in a particular industry,” she continues. “If we really would like equality, we need to get every person equally represented up for grabs.”

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

“One associated with the things you leverage is the community. Employing the talent that is right getting good partnerships; all that comes down to individuals we realize through the MBA.”

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