Tuesday, February 14, 2017
Hilarious interview from CoffeeMeetsBagel founders (they should rebrand to BagelMeetsSausages)
Five years and cannot take off. Only burning money from investors.
"For a savvy investor like Mark Cuban to mark us at USD30 million was a great validation of the hard work our team had put into building the business. "
That USD 30 million offer is only a urban legend, popular legend, urban myth, urban tale, or contemporary legend, a form of modern folklore consisting of fictional stories.
That USD 30 million offer was only as a joke, because Mark Cuban had no interest at all in CoffeeMeetsBagel.
He had previously invested in another online dating app (now defuncted) named Courtem.
CoffeeMeetsBagel "abandons" online dating.
Dave, it is not CoffeeMeetsBagel, it really is BagelMeetsSausages.
Cuban Disses CMB, Funds Competitor Courtem
Stupid Investors' series: Today Coffee Meets Bagel (CMB)
article: The Rise of Dating-App Fatigue
Alexa and SimilarWeb show the rising tide is not happening for Online Dating Industry 2017