Meet Up With The Harvard-Stanford MBA Sister Act Behind Millennial Dating App Coffee Meets Bagel
Arum and Dawoon Kang are dealing with Tinder using their dating app 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 had been certainly one of a number of pupils from the HBS MBA class of 2011 to take to begin their particular 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 appвЂ”targeted at millennialsвЂ”with her double sibling Dawoon and older sibling Soo. In 2015, they also pitched up to a panel of high-profile investors on US truth television show Shark Tank.
вЂњi did sonвЂ™t get to HBS reasoning I happened to be planning to begin a company, but being here surely exposed me more to entrepreneurship,вЂќ Arum recalls.
вЂњIn therefore ways that are many my MBA experience permitted us to be a business owner. I donвЂ™t think We may have gotten started at all if i did sonвЂ™t have that community of men and women i possibly could make use of, which were therefore happy to help.вЂќ
Initially from Southern Korea, the Kang siblings result from group of business owners. Their dad went their very own scrap iron company; their mother handled a number of pubs and restaurants.
Dawoon has constantly had entrepreneurship in her brain. While Arum went for Harvard, she opted for Stanford on her behalf MBA.
After doing her MBA at Stanford in ’09, 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 very first company.
вЂњWe wished to take action that directly impacts peoplesвЂ™ everyday lives,вЂќ Dawoon recalls. вЂњDating came up as a pain point that is common.
вЂњThereвЂ™s plenty of fatigue and frustration with contemporary datingвЂ”i do believe it is become really complicated,вЂќ she continues. вЂњIвЂ™m interested in using Coffee suits Bagel as a car to alter the discussion; to have this generation to generally share and link more authentically.
вЂњonce you think of major millennial dating apps now, thereвЂ™s Tinder, Bumble, and Coffee Meets Bagel.вЂќ
On Coffee Meets Bagel, users are paired through an intelligent algorithm, deciding to either вЂlikeвЂ™ or вЂpassвЂ™ a profile for the best possible match.
In September 2017, the San Francisco-based business analyzed several thousand matches to ascertain the вЂmost likedвЂ™ singles at company schools over the united states of america. There was clearly debate one of the b-school community when ladies MBAs from Harvard had been reported as the utmost appealing (most liked regarding the app), although the most liked males arrived from Stanford GSB.
вЂњThere had been plenty of attractive people at Stanford!вЂќ Dawoon laughs. вЂњWith many people that are like-minded there is a ton of dating going in. In a course of 300 individuals, there have been like 30 couples! We truly had my reasonable share of dating.вЂќ
When Dawoon speaks women in technology, she takes a far more severe tone.
SheвЂ™s keen to use her place being a feminine technology entrepreneur to market the part of females in a business nevertheless dominated by guys.
вЂњfrom the using computer science course in university and reasoning, I try not to belong right here,вЂќ she states. вЂњI struggled and I also straight away thought; IвЂ™m maybe not proficient at this. I believe if there was in fact more women represented within the course, I would personallynвЂ™t have jumped to your conclusions that are same quickly.
вЂњIt makes a difference for young adults to see representation of the own sort doing work in a specific industry,вЂќ she continues. вЂњIf we really would like equality, we must get every person equally represented up for grabs.вЂќ
Do an MBA is needed by you to be a business owner? вЂњNo,вЂќ Dawoon concludes. вЂњBut it is been extremely valuable for me personally.
вЂњOne regarding the things you leverage will be your system. Employing the talent that is right getting good partnerships; all that comes down to individuals we understand through the MBA.вЂќ