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 double sibling Arum, pitch on television show Shark Tank

Arum Kang arrived up utilizing the basic 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 go on to begin 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 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 happened to be planning to begin a small business, but being here undoubtedly exposed me more to entrepreneurship,” Arum recalls.

“In therefore ways that are many my MBA experience permitted me become a business owner. We don’t think We might 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 community of men and women”

Initially from Southern Korea, the Kang siblings originate from a grouped family members 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 head. While Arum went for Harvard, she decided on 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 together with her siblings to start out her very very very very first company.

“We desired to make a move that directly impacts individuals’ everyday everyday lives,” Dawoon recalls. “Dating arrived up being 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 share with you 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 a good algorithm, deciding to either ‘like’ or ‘pass’ a profile for the best match that is potential.

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

“There had been lots of attractive people at Stanford!” Dawoon laughs. “With a lot of like-minded individuals, 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 share that is fair of.”

When Dawoon speaks women in technology, she takes an even more tone that is serious. She’s keen to use her place as a feminine technology business owner to advertise the part of females in a market nevertheless dominated by guys.

“from the using computer technology course in university and reasoning, I try not to 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’dn’t have jumped to your conclusions that are same quickly.

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

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

“One of this things you leverage can be your community. Employing the talent that is right getting good partnerships; all that comes down seriously to individuals we understand through the MBA.”