What happened when Coffee Meets Bagel pitched on Shark Tank?

When Coffee Meets Bagel pitched on Shark Tank, the three founders, sisters Arum, Dawoon, and Soo Kang, presented their dating app which is designed to match singles with friends of friends. They sought $500,000 for a 5% stake in their company, valuing Coffee Meets Bagel at $10 million. They explained that their service uses Facebook connections to better match potential couples. Despite the innovative platform and their vision for the future of online dating, Mark Cuban stunned everyone when he offered $30 million to buy the entire company. However, this record bid was turned down by the Kang sisters because they believed in their company's future growth prospects and wanted to retain control. The sisters left without securing a deal from any of the Sharks but maintained positive attitudes about the experience and the exposure gained from appearing on the show.